Certificates of Deposit
Regular Savings
Christmas Club
Senior Income Savings Strategy
CD's continued
100
Standard CD terms
What is 1 month to 5 Years
100
Limited to two per month
What are withdrawals
100
APY earned on account
What is .75%
100
Initial deposit amount
What is $10,000
100
Minimum initial deposit for Trade-A-Rate CD
What is $2,500
200
Initial deposit amount
What is $500.00
200
Fee for each debit transaction in excess of two during a calendar month
What is $5.00
200
Minimum automatic deposit amount required monthly
What is $20
200
APY account earns
What is 2.00%
200
Frequency customer can "trade-up" to new prevailing CD interest rate
What is one time
300
Early withdrawal penalty as of January 5, 2015
What is $50 or up to six months of interest depending on the term, whichever is greater
300
Early closure fee (Early closure is considered within 180 days of opening)
What is $10.00
300
Withdrawal fee if withdrawal is made outside of standard distribution
What is $10.00
300
Distribution rate
What is 4.00%
300
Initial deposit amount for a Saver CD
What is $100
400
Frequency that interest can be credited
What is monthly, quarterly, semi annually or annually
400
Minimum daily balance to avoid a service fee
What is $100.00
400
Date in which savings are deposited each monthly
What is around November 1st
400
Maximum amount per account
What is $100,000
400
Minimum and maximum monthly transfer amounts for Saver CD
What is $25 and $500
500
Subject to change daily
What is interest rates
500
Amount of fee assessed if minimum balance requirement is not met
What is $5.00
500
Maximum balance
What is $10,000
500
Interest rate is locked in for this period of time
What is 5 years
500
Maximum opening deposit for a Saver CD
What is $50,000
M
e
n
u