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Certificates
of Deposit available in terms of 30 days through 60 months.
(Lesser terms are available.) |
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No interest paid
or penalty charged if closed within the 10-day grace period
at the certificate maturity. |
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Interest may be paid by cashier's
check, savings or checking deposit, or credited to the
CD. |
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FDIC Insured. |
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Interest is earned daily
and compounded monthly. |
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If a CD is renewed (through
a new issuance), accrued interest may be paid to customer. |
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Interest may be received
monthly with balances of $5,000 or more. |
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Ability to select maturity
that meets specific investments needs. |
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Automatic renewal unless
the customer makes other arrangements within the 10-day
grace period (which begins on the date of maturity and
extends for 10 calendar days thereafter). |
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Maximizes interest earnings
potential when funds remain invested continuously. |
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Penalty required for early
withdrawal. |
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Risk-free investment with
moderate growth and protection of principal. |
