|
|
Accounts: Regular Certificates
of Deposit
This is an account, which you agree will remain on deposit with Alliance
Bank for a specified time period or to a specific date. This Account is an
interest earning account and the interest rate and annual percentage yield
will not change for the term of the account. Terms offered include:
6-Month, 12-Month, 24-Month, 36-Month and 48 Month.
Requirements
- Minimum
balance to open - $500.
-
No additional deposits or withdrawals until the maturity date.
|
Benefits
- Interest
bearing account.
|
Cost
- Early
withdrawal penalty. If you withdraw any of the principal before
the maturity date, Alliance Bank may impose a penalty of $100.00
plus (depending on the original term) the loss of two or six
months of interest earned.
|
|
