What happens if I need to withdraw my funds before my CD term is up?  

If you need to withdraw funds from Growth CD early, we’re here to help. Keep in mind, you can withdraw interest without penalty if you set up monthly interest disbursements or make a one-time request. The Annual Percentage Yield (APY) on all certificates assumes that principal and interest will remain in the account until maturity.

The following penalties will be imposed for withdrawals of principal before maturity. In some cases, you may owe interest that you have not earned, and this can result in a loss of principal.

If your account has an original maturity of less than 24 months, a penalty equal to 90 days interest will be charged to your account.  

If your account has an original maturity of 24 months or more, a penalty equal to 180 days interest will be charged to your account.