See Current Rates . This method applies a daily periodic rate to the principal in the account each day.
Interest is calculated on a simple interest basis without compounding.
You may make withdrawals of principal from your account prior to maturity subject to withdrawal penalties. You may withdraw interest accrued before maturity of the CD term without penalty. We can prevent renewal if we mail notice to you at least 10 days before maturity. If either you or we prevent renewal, interest will not accrue after the final maturity. Each renewal term will be the same as the original term, beginning on the maturity date.