"Grow With Us" 18 Month Certificate

These are fixed rate and fixed term certificates maturing in 18 months, with a minimum opening balance of $1,000. In order to earn interest, and keep the account open, a minimum balance of $1,000 must be maintained. Interest is compounded daily, calculated on a 365/360 day factor, and can be paid monthly, quarterly, or annually. A statement will be mailed at the end of June and December each year. Credited interest may be withdrawn at any time without penalty. However, there will be a three month loss of interest penalty on early withdrawals from the principal amount, which may reduce earnings. Deposits may be made to the account at any time, with a minimum deposit amount of $1.00. A one-time interest rate “Bump-Option” is available.
 

 

 

 

 

 Member FDIC
 Equal Housing Lender