New 3-Year Variable CD

 

*3 Year (36 Month) Variable Certificate of Deposit has an Annual Percentage Yield (APY) of 1.005% is effective as of 05/01/2020. Your interest rate and APY may change. Frequency of rate changes – We may change the interest rate on your account after the time of account opening. Determination of rate – the interest rate on your account is based on Prime Rate minus a margin of 2.25% below the index. Minimum balance required to open and earn the stated APY is $500.00. If the account is renewed at maturity it will rollover to a 36-month term at the rate available at that time. This account will be subject to an early withdrawal penalty if account is closed or any funds are withdrawn before the maturity date. Fees may reduce earnings. Interest compounded daily and credited monthly. This offer is subject to change and may be withdrawn at any time without notice. Other rates and terms are available.