Certificates of Deposit CDs are offered at competitive interest rates to all individuals and businesses. Fixed interest rates. Automatically renewed unless otherwise re- quested. 3 month to 60 month maturities. Interest is computed by the daily balance method and is compounded quarterly unless you receive interest periodically.
Interest is credited quarterly and at maturity.
If you withdraw any principal before maturity, your account will be charged an early with- drawal penalty. You may borrow against your Fremont Bank CD at favorable interest rates. Make 49 weekly deposits and Fremont Bank will make the 50th payment for you. If you withdraw before maturity, you pay a penalty equal to the 50th payment. Convenient coupon books are provided for deposits.