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Effective June 05, 2020
*Annual Percentage Yield (APY) effective as of date above and subject to change without notice. APY assumes interest remains on deposit for one year. A penalty will be imposed for early withdrawal. Withdrawal of interest will reduce earnings. Interest is computed daily and compounded on a monthly basis. No brokered CDs, institutional, or out-of-market deposits. IMPORTANT ACCOUNT INFORMATION 1. The Step-Up option is one time during the 24-month term. To exercise your option, you may come into the Bank. Your new rate will match our 24-Month Step Up CD rate available at that time. At maturity, your account will be automatically renewed as a 24-Month Step Up CD unless you instruct us otherwise. No brokered CDs, institutional, or out-of-market deposits. 2. The Step-Up option is one time during the 36-month term. To exercise your option, you may come into the Bank. Your new rate will match our 36-Month Step Up CD rate available at that time. At maturity, your account will be automatically renewed as a 36-Month Step Up CD unless you instruct us otherwise. No brokered CDs, institutional, or out-of-market deposits. |
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