This 30-day Fixed Rate Mini Jumbo CD lets you put a large amount of cash to work, earning a guaranteed interest rate over a short time. The minimum opening deposit is $40,000, and interest is credited at maturity. Your CD renews automatically; you have a 10-day grace period to withdraw your funds.
|Terms available||30 days|
|Minimum opening deposit||$40,000|
|Additional deposits||Not permitted|
|Interest (credited)||At maturity|
|You may choose to have your interest payment transferred to another Associated account if your CD account balance is $5,000 or more.|
Automatically renews upon maturity
The account owner has ten (10) calendar days after maturity to withdraw the funds without penalty. Interest is not paid during the grace period unless the funds from this Certificate of Deposit are deposited into another Associated Bank Certificate of Deposit.
|Early withdrawal penalty||90 days simple interest|