• The term of the certificate is 60 months
• A minimum deposit of only $500.00 is required to open this ADD-ON IRA CD.
• You may elect to add your annual contributions to this CD each year for 5 years. Or
• You may elect to open an additional IRA Certificate of your choice when your contribution is made. This gives you the choice of comparing the rate offerings in effect at the time of your contribution.
• Interest is paid using the daily balance method and it will be credited monthly and also upon maturity.
• Early withdrawals are subject to a penalty. Interest will not be earned on any day that the balance is below $500.00 *

*Other restrictions may apply. These are imposed based on the nature of the Retirement Accounts such as IRA's and ROTH's, Educational IRA's and so on.