|
|
Special CDs
 |
Annual
Percentage Yield |
 |
| 7
Months |
2.64% |
2.625% |
| 13
Months |
2.90% |
2.875% |
| 17
Months |
3.02% |
3.00% |
| 24 Months |
3.15% |
3.125% |
| 36
Months |
3.28% |
3.25% |
| 48
Months |
3.53% |
3.50% |
|
|
Certificates of Deposit
|
|
|
Annual
Percentage Yield |
|
| 1 Month |
1.51% |
1.50% |
| 2 Months |
1.51% |
1.50%
|
| 3 Months |
1.51% |
1.50%
|
| 6 Months |
2.01% |
2.00% |
| 1-2 1/2 Years |
2.39% |
2.375% |
| 2 1/2-5 Years |
2.52% |
2.50% |
| 5-10 Years |
2.77% |
2.75% |
| IRA |
Choose any term from above |
|
|
Jumbo Certificates of Deposit
|
|
Call
today to hear our Jumbo Certificate of
Deposit rates!
|
Disclosures:
Certificate of Deposit:
- Fixed Rate Account: The interest rate on this account is fixed. You will be paid this rate until the maturity date of the certificate.
- Compounding and Crediting: Certificates with terms of less than 1 year will earn interest on a
non-compounded basis and may be
credited monthly or at maturity. Certificates with terms of 1 year or longer will be compounded and credited
on a semi-annual basis unless monthly checks or transfers are taken. In this case, interest will be earned on a
non-compounded basis.
- Minimum Balance Requirements:
- To open the account: You must deposit $500.00 to open the account.
- To obtain the annual percentage yield disclosed: You must maintain a minimum balance of $500.00 in the account
each day to obtain the disclosed annual percentage yield.
- Balance Computation Method: We use the daily balance method to calculate the interest on your account.
The method applies a daily periodic rate to the principal in the account each day.
- Accrual of Interest on Non-Cash Deposits: Interest begins to accrue on the business day you deposit non-cash items.
(for example, checks).
- Transaction Limitations: You may not make deposits into your account until the maturity date.
- When Your Account Will Mature: See your local Slovenian Savings & Loan Branch to determine the maturity date or term
needed to obtain the annual percentage yield stated.
- Early Withdrawal Penalty: We may impose a penalty if you withdraw any of the principal before the maturity date.
The amount of the penalty is as follows:
- Certificate Term of 32 days up to and including 1 year-- penalty of 1 month of interest.
- Certificate Term of greater than 1 year-- penalty of 3 months of interest.
- Any withdrawal which reduces the account balance below the minimum balance requirement shall be considered as a
withdrawal of the entire account balance and shall be subject to the penalty prescribed above.
- Special IRA Account Provisions: If the funds deposited in a certificate account are to open an Individual Retirement
Account, no penalty will be imposed for any withdrawal that is made within 7 days of establishing an IRA account. In
addition to any penalty that we may impose for early withdrawal, under certain circumstances, there may be an
additional IRS penalty. See your Retirement Account Documents for details.
- Withdrawal of Interest Prior to Maturity: The annual percentage yield disclosed in the rate section assumes interest
will remain on deposit until maturity. Any withdrawal will reduce earnings.
- Renewal of Account: Your account will automatically renew at maturity. You will have 7 calendar days after the maturity
date to withdraw your funds without being charged a penalty.
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