Breakable CD
If you'd like the earnings of a long-term investment but are concerned about tying up your funds in a rising rate environment, the Breakable CD is the answer.
This unique CD provides you with the ability, anytime after 12 months, to withdraw your funds for another investment opportunity or roll-up the CD to the rate of the Breakable CD at that time.
But here's the key feature... you have penalty-free withdrawal options!
- Summary
-
- 30-month term
- $5,000 minimum balance
- Fixed rate earnings
- "Break" the contract anytime after 12 months*
- Automatically renews to our 2-3 Year Fixed CD
*If you choose to roll-up to a new Breakable CD rate anytime after 12 months, withdrawal capabilities without a penalty are not available until maturity.
