Flexible Term CD
Customers who want a flexible term CD with a low opening balance.
- Minimum to open: $1,000
- Interest is calculated using the daily balance method, paid as frequently as monthly but at least once a year
- Withdrawal is restricted until maturity
- Statements are annual, or monthly when combined with a checking account
- Terms from 32 to 365 days or 12 to 60 months. Automatic renewal at maturity with a 10-day grace period.