| Term | Minimum Deposit To Open Account | Required Balance To Obtain Annual Percentage Yield | Interest Rate | Annual Percentage Yield |
|---|---|---|---|---|
| 180 Days | $90,000 | Paid On All Balances | 0.40% | 0.40% |
| 365 Days | $90,000 | Paid On All Balances | 0.50% | 0.50% |
| Term | Penalty |
|---|---|
| 12 months or less | 91 days of interest* |
Annual Percentage Yields (APY) accurate as of *Today’s Date*.
Rates are subject to change without notice.
Fees will reduce earnings on the account.
Accounts are not transferable except on the books of the depository institution.
Jumbo Certificate Details
- The interest rate on your account will be paid until the maturity date of your certificate.
- Interest is not compounded.
- You must deposit $90,000.00 to open this account.
- Interest begins to accrue on the day of your deposit.
- Unless you receive a Non-Renewal Notice, your account will automatically renew at maturity. You will have ten (10) calendar days after the maturity date to withdraw your funds without being charged a penalty.
- After the account is opened, you may not make deposits into or withdrawals from this account until the maturity date.
- We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
- If any of the deposit is withdrawn before the maturity date, a penalty as shown above will be imposed.
