Competitive rates, flexible terms and a wide range of convenient options, all backed by the FDIC. What more could you ask for?
|Minimum Opening Balance
||Low minimum opening balance
||Early withdrawal penalty is 90 days interest for CDs of less than 1 year, 180 days interest for CDs of 1 year to less than 2 ½ years, 365 days interest for CDs of 2 ½ years to less than 5 years, 540 days interest for CDs of 5 years or more. Principal returned may be reduced by penalty if early withdrawal is requested.
Interest is compounded daily.
||Paid monthly, quarterly, semiannually, annually or at maturity, based on term. All CDs opened online will receive interest paid monthly.
||10 day grace period upon maturity; no interest paid during the grace period if CD is not renewed