Wealth Builder, Deposit, and Jump Up
What is the minumum deposit to open a Wealth Builder CD?
$100
What is the minimum deposit to open an FYI CD?
$100
What are the three tiers and their $ amounts?
What is the grace period after a CD matures?
10 *calendar* days
How many times can you deposit into a Deposit CD during the term?
2
What is the penalty to break a Wealth Builder CD early?
$25
What is the minimum deposit to an FYI CD after it is open?
$25
Can you put $25,000 in a classic CD?
Yes
Can you open a Jump Up IRA CD?
No
When can you deposit into a Classic CD?
Only during grace period
What is the minimum deposit for a Jump Up CD?
$5000
What is the max balance an FYI CD can reach?
$5000
What is the shortest CD term we offer?
3 months
Can you open a Deposit IRA CD?
No
What is the grace period for a Wealth Builder CD?
There isn't one
What are the terms we offer for a Deposit CD?
2 and 3 year
What is the term for an FYI CD?
3 years
5 years
Can you open a signature IRA CD?
Yes
What 3 CD types are eligible to open with IRA funds?
Classic, Signature, Premier
Which of these CD types does NOT automatically renew after maturity?
Wealth Builder CD
Who can have an FYI CD?
0-17
What is the penalty to break one of these CD types early?
1/2 of the CD term of interest, max of 2 years interest
Can you use a premier CD as collateral for a loan?
Do team members get special rates for CDs?
NOPE!