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Can't Lose CD

Our Can't Lose CD offers security and flexibility.
If rates start to rise, withdraw funds and open a new, higher rate CD. Should rates begin to fall, secure your investment with additional funds at your current, locked-in rate.


Features

Minimum to Open

$1,000

Term

30 months

Interest

  • Less than $100,000: Interest is compounded daily based on the collected balances for all personal certificates with deposit amounts less than $100,000. Interest rates are based on market conditions and are fixed for the term of the CD.
  • $100,000 or more: Interest on all certificates with deposits of $100,000 or more is calculated as simple interest on collected balances. Interest rates are set for the term of the CD.

Details

  • Make one additional deposit, up to $10,000, any time after the first 12 months of each term. (Interest will accrue on all additional deposits at the same rate and APY1 as the original deposit.)
  • Additional deposits (after the initial deposit) must also be on deposit for at least seven days prior to the withdrawal to avoid a penalty.
  • Make one withdrawal any time after 12 months.
  • Any withdrawn funds must have been on deposit for at least seven days and no other withdrawals may have been made in the preceding six days.2

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