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Business Savings - Jumbo Time Certificates of Deposit
Business Savings - Jumbo Time Certificates of Deposit
Designed for investment amounts of $100,000.00 and above, with maturities of 30 days to 1 year or more.
Simple interest rate is fixed and paid monthly, quarterly or at maturity. Interest ceases on single maturity certificates of deposit and become a No-Interest bearing deposit.
| Minimum Opening Deposit |
$100,000.00 |
| Penalty for early withdrawal for original terms of one year or less |
30 days |
| Penalty for early withdrawal for original terms over one year |
90 days |
| Automatically Renewable |
Optional |
Please contact Private Bankers for more information
Our TeamNote: A penalty for early withdrawl will be assessed even if it requires the reduction of the principal amount.
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