Requirements:

• Minimum balance to open-$1,000  

Benefits:

• Interest can be paid by check, checking deposit, savings deposit, or added on to the CD.    
• These CD’s can be auto-renewable so you do not need to remember to come in and renew your matured CD. 

Cost:

• 1 year CD- Early withdrawal penalty of 3 months interest. 
• 18 Month CD- Early withdrawal penalty of 6 months interest.        
• 2 year CD- Early withdrawal penalty of 6 months interest.         
• 3 year CD- Early withdrawal penalty of 6 months interest. 
• 4 year CD- Early withdrawal penalty of 6 months interest.