- $1,000 minimum
deposit to open account
- Interest
is computed by using the daily balance method which applies a
periodic rate to the principal in the account each day
- Interest
can be paid to your account or paid to you monthly, quarterly,
semi-annually or at maturity
- After the
account is opened, you may not make any deposits into or withdrawals
from the principal in the account until the maturity date
- The annual
percentage yield (APY) disclosed on the rate chart assumes that
interest remains on deposit until maturity
- Early withdrawal
penalties apply
7
Day Certificate of Deposit
- $5,000 minimum
deposit to open account
- Interest
is computed by using the daily balance method which applies a
periodic rate to the principal in the account each day
- Interest
is paid only to your account weekly
- After the
account is opened, deposits may be made on any day but will only
begin to earn interest on the following Wednesday
- Withdrawals
from the principal may be made without penalty from Tuesday at
3:00 pm until Wednesday at 3:00 pm; early withdrawal penalties
apply for any withdrawals of principal made at any other time
- The annual
percentage yield (APY) disclosed on the rate chart assumes that
interest remains on deposit until maturity
For more information
about our Certificates of Deposit, e-mail Kristen.Beverly@fsbanking.com
or contact us at the location nearest
you.
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