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Certificate of Deposit

Certificate of Deposit

  • Initial deposit required to open: $1,000.00
  • Terms offered: 1, 2, 3, 6, 9, 12, 18 and 24 months
  • Terms renew automatically, if not closed within the 10-day grace period

Early withdrawal penalty

  • If your CD has a term of one year or less, the penalty imposed will equal one month of interest.
  • If your CD has a term of more than one year, the penalty imposed will equal three months of interest.

 

 

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