Consumer
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Business
 
CD  Features/Benefits
 
ACCOUNT NAME Regular CD Jumbo CD Traditional IRA
Minimum Balance to Open $1,000 $100,000 $500
Term 7days and up 7 days and up 1 year
Interest Compounding Daily Daily Daily
Avaliable Crediting Frequency At Maturity, Monthly, Quarterly At Maturity, Monthly, Quarterly At Maturity
Grace Period 7 calendar days 7 calendar days 7 calendar days
Early Withdrawal Penalty
(1)
7-29 days: accrued interest.
30-365 days: 1 month interest.
More than 365 Days: 3 months interest.
7-29 days: accrued interest.
30-365 days: 1 month interest.
More than 365 Days: 3 months interest.
1 month interest.
Auto Renew Yes Yes Yes

Note:

  1. Please refer to our Deposit Account Agreement and Disclosure for detail information
  2. For further information please contact our Customer Service Representative.