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Certificate of Deposit (CD)
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Your CD rate stays the same. Please see the information below on the change in your terms.
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Early Withdrawal Penalty
Penalties for early withdrawals will change as of March 3. At that point,
the following will apply if you make an early withdrawal from a CD:
- Seven days loss of interest for certificates issued with a
term less than 90 days
- 90 days loss of interest for certificates issued with a term
between 90 and 365 days
- 80 days loss of interest for certificates issued with a term
greater than 365 days
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