You must deposit $5,000.00 to open this account. You may make an unlimited number of deposits into your account. The minimum amount you can deposit is $500.00. You may make unlimited partial withdrawals from the principal. The minimum amount you can withdraw is $500.00.
Deposits and withdrawals must be made in person, by mail, or by speaking directly with a bank representative.
Your account will mature in 5 months. If ever the balance of the certificate of deposit is below the minimum balance of $5,000.00, a penalty of 60 days of interest will be imposed and the certificate of deposit will be closed.
