Certificates of Deposit
31-90 Day Certificate of Deposit
Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for the full term of the certificate. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded quarterly and will be credited to the account at maturity.
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.
Limitations: You must deposit $1000.00 to open this account. You may make unlimited deposits into your account with a minimum deposit of $100 before maturity. You may not make withdrawals of principal from your account before maturity. You can only withdraw interest credited in the term before maturity of that term without penalty. You can withdraw interest any time during the term of crediting after it is credited to your account.
Account Fees: During the 10 day grace period after CD matures you will not receive the accrued interest if the CD is withdrawn.
Time Account Information: Your account will mature in 31-90 days. If you withdraw any of the principal before the maturity date we may impose a penalty of 30 days interest on the amount withdrawn. In certain circumstances such as death or incompetence of an owner, the early withdrawal penalty may be waived. No partial principal withdrawals will be allowed. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. You may obtain the account with or without an automatic renewal feature. You must tell us which kind of account you want before the account is opened. If you select your account to automatically renew, your account will automatically renew at maturity. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew or you withdraw the funds in the account at maturity or within 10 days after maturity. If you prevent renewal, interest will not accrue after final maturity. Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same we offer on new time deposits on the maturity date which have the same term, minimum balance and other features as the original time deposit. You will have ten calendar days after maturity to withdraw the funds without a penalty. If you do not select the automatic renewal option, the account will not renew at maturity. If you do not renew the account, interest will not accrue after maturity.
91 Day Certificate of Deposit
Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for the full term of the certificate. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded quarterly and will be credited to the account quarterly.
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.
Limitations: You must deposit $1000.00 to open this account. You may make unlimited deposits into your account before maturity with a minimum deposit of $100. You may not make withdrawals of principal from your account before maturity. You can only withdraw interest credited in the term before maturity of that term without penalty. You can withdraw interest any time during the term of crediting after it is credited to your account.
Account Fees: During the 10 day grace period after CD matures you will not receive the accrued interest if the CD is withdrawn.
Time Account Information: before the maturity date we may impose a penalty of 30 days interest on the amount withdrawn. In certain circumstances such as death or incompetence of an owner, the early withdrawal penalty may be waived. No partial principal withdrawals will be allowed. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. You may obtain the account with or without an automatic renewal feature. You must tell us which kind of account you want before the account is opened. If you select your account to automatically renew, your account will automatically renew at maturity. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew or you withdraw the funds in the account at maturity or within 10 days after maturity. If you prevent renewal, interest will not accrue after final maturity. Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same we offer on new time deposits on the maturity date which have the same term, minimum balance and other features as the original time deposit. You will have ten calendar days after maturity to withdraw the funds without a penalty. If you do not select the automatic renewal option, the account will not renew at maturity. If you do not renew the account, interest will not accrue after maturity.
182 Day Certificate of Deposit
Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for the full term of the certificate. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded semi-annually and will be credited to the account semi-annually.
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.
Limitations: You must deposit $1000.00 to open this account. You may make unlimited deposits into your account before maturity with a minimum deposit of $100. You may not make withdrawals of principal from your account before maturity. You can only withdraw interest credited in the term before maturity of that term without penalty. You can withdraw interest any time during the term of crediting after it is credited to your account.
Account Fees: During the 10 day grace period after CD matures you will not receive the accrued interest if the CD is withdrawn.
Time Account Information: Your account will mature in 181 days. If you withdraw any of the principal before the maturity date we may impose a penalty of 90 days interest on the amount withdrawn. In certain circumstances such as death or incompetence of an owner, the early withdrawal penalty may be waived. No partial principal withdrawals will be allowed. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. You may obtain the account with or without an automatic renewal feature. You must tell us which kind of account you want before the account is opened. If you select your account to automatically renew, your account will automatically renew at maturity. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew or you withdraw the funds in the account at maturity or within 10 days after maturity. If you prevent renewal, interest will not accrue after final maturity. Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same we offer on new time deposits on the maturity date which have the same term, minimum balance and other features as the original time deposit. You will have ten calendar days after maturity to withdraw the funds without a penalty. If you do not select the automatic renewal option, the account will not renew at maturity. If you do not renew the account, interest will not accrue after maturity.
12 Month Certificate of Deposit
Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for the full term of the certificate. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded semi-annually and will be credited to the account semi-annually.
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.
Limitations: You must deposit $1000.00 to open this account. You may make unlimited deposits into your account before maturity with a minimum deposit of $100. You may not make withdrawals of principal from your account before maturity. You can only withdraw interest credited in the term before maturity of that term without penalty. You can withdraw interest any time during the term of crediting after it is credited to your account.
Account Fees: During the 10 day grace period after CD matures you will not receive the accrued interest if the CD is withdrawn.
Time Account Information: Your account will mature in 12 months. If you withdraw any of the principal before the maturity date we may impose a penalty of 120 days interest on the amount withdrawn. In certain circumstances such as death or incompetence of an owner, the early withdrawal penalty may be waived. No partial principal withdrawals will be allowed. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. You may obtain the account with or without an automatic renewal feature. You must tell us which kind of account you want before the account is opened. If you select your account to automatically renew, your account will automatically renew at maturity. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew or you withdraw the funds in the account at maturity or within 10 days after maturity. If you prevent renewal, interest will not accrue after final maturity. Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same we offer on new time deposits on the maturity date which have the same term, minimum balance and other features as the original time deposit. You will have ten calendar days after maturity to withdraw the funds without a penalty. If you do not select the automatic renewal option, the account will not renew at maturity. If you do not renew the account, interest will not accrue after maturity.
24 Month Certificate of Deposit
Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for the full term of the certificate. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded semi-annually and will be credited to the account semi-annually.
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.
Limitations: You must deposit $1000.00 to open this account. You may make unlimited deposits into your account before maturity with a minimum deposit of $100. You may not make withdrawals of principal from your account before maturity. You can only withdraw interest credited in the term before maturity of that term without penalty. You can withdraw interest any time during the term of crediting after it is credited to your account.
Account Fees: During the 10 day grace period after CD matures you will not receive the accrued interest if the CD is withdrawn.
Time Account Information: Your account will mature in 24 months. If you withdraw any of the principal before the maturity date we may impose a penalty of 180 days interest on the amount withdrawn. In certain circumstances such as death or incompetence of an owner, the early withdrawal penalty may be waived. No partial principal withdrawals will be allowed. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. You may obtain the account with or without an automatic renewal feature. You must tell us which kind of account you want before the account is opened. If you select your account to automatically renew, your account will automatically renew at maturity. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew or you withdraw the funds in the account at maturity or within 10 days after maturity. If you prevent renewal, interest will not accrue after final maturity. Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same we offer on new time deposits on the maturity date which have the same term, minimum balance and other features as the original time deposit. You will have ten calendar days after maturity to withdraw the funds without a penalty. If you do not select the automatic renewal option, the account will not renew at maturity. If you do not renew the account, interest will not accrue after maturity.
36 Month Certificate of Deposit
Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are included in the Certificates of Deposit.
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