Certificates of Deposit

6 Month Certificate of Deposit

This Certificate of Deposit is for those who wish to "lock in" their rate for six (6) months.

Rate Information

This account is an interest bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for Six(6) Months. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). Interest will be compounded quarterly and will be credited quarterly. We will mail the interest in a check to you or deposit the interest in an account that you designate. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.

Rate Chart

Balance Information

We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

Limitations

You must deposit $1,000.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date.

Time Account Information

Your account will mature in Six (6) Months. If you withdraw any of the principal before the maturity date, we will impose a penalty. Please see penalty chart in this disclosure. This account will automatically renew. You will have 10 days after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term.

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12 Month Certificate of Deposit

This Certificate of Deposit is for those who wish to "lock in" their rate for one (1) year.

Rate Information

This account is an interest bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for twelve (12) Months. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). Interest will be compounded quarterly and will be credited quarterly. We will mail the interest in a check to you or deposit the interest in an account that you designate. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.

Rate Chart

Balance Information

We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

Limitations

You must deposit $1,000.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date.

Time Account Information

Your account will mature in twelve (12) Months. If you withdraw any of the principal before the maturity date, we will impose a penalty.  Please see penalty chart in this disclosure. This account will automatically renew. You will have 10 days after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term.

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24 Month Certificate of Deposit

This Certificate of Deposit is for those who wish to "lock in" their rate for two (2) years.

Rate Information

This account is an interest bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for twenty-four (24) months. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). Interest will be compounded quarterly and will be credited quarterly. We will mail the interest in a check to you or deposit the interest in an account that you designate. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.

Rate Chart

Balance Information

We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

Limitations

You must deposit $1,000.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date.

Time Account Information

Your account will mature in twenty-four (24) months. If you withdraw any of the principal before the maturity date, we will impose a penalty. Please see penalty chart in this disclosure. This account will automatically renew. You will have 10 days after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term.

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1 to 12 Month Jumbo Certificate of Deposit

This certificate of Deposit is for those who wish to choose a maturity date of up to twelve (12) months and have at least $100,000.00 to deposit.

Rate Information

This account is an interest bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for one (1) to twelve (12) months depending on the maturity you choose. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded quarterly and will be credited quarterly. We will mail the interest in a check to you or deposit the interest in an account that you designate. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.

Rate Chart

Balance Information

We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $100,000.00 in the account each day to obtain the disclosed annual percentage yield.

Limitations

You must deposit $100,000.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date.

Time Account Information

Your account will mature in one (1) to twelve (12) months depending on the maturity you choose. If you withdraw any of the principal before the maturity date, we will impose a penalty. Please see penalty chart in this disclosure. This account will automatically renew. You will have 10 days after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term.

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13 to 24 Month Jumbo Certificate of Deposit

This certificate of Deposit is for those who wish to choose a maturity date of thirteen (13) months to twenty-four (24) months and have at least $100,000.00 to deposit.

Rate Information

This account is an interest bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for thirteen (13) to twenty-four (24) months depending on the term you choose. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). Interest will be compounded quarterly and will be credited quarterly. We will mail the interest in a check to you or deposit the interest in an account that you designate. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.

Rate Chart

Balance Information

We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $100,000.00 in the account each day to obtain the disclosed annual percentage yield.

Limitations

You must deposit $100,000.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date.

Time Account Information

Your account will mature in thirteen (13) to twenty-four (24) months depending on the maturity you choose. If you withdraw any of the principal before the maturity date we will impose a penalty. Please see penalty chart in this disclosure. This account will automatically renew. You will have 10 days after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term.

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Certificate of Deposit Penalties

Original Term

Penalty

One Month

7 Days Interest*

Over One Month to Six Months

30 Days Interest*

Over Six Months to 12 Months

90 Days Interest*

Over 12 Months to 24 Months

180 Days Interest*

*All Penalties are based on the current balance of the certificate.