CD & IntraFi Network Deposit Comparison Charts
Product
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Certificate of Deposit (CD)
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IntraFi Network Deposits
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Minimum to Open
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$500
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$10,000
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Interest Bearing
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Earn interest on balances of $500 or more1
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Earn interest on balances of $10,000 or more
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Interest Payment Options
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Interest can be compounded, deposited to a checking or savings account, or paid by check
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Interest can be compounded, deposited to a checking or savings account, or paid by check
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Contributions / Deposits
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Fixed investments of a specific sum for a specific period of time. You may not add money to these certificates and they are not negotiable.
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Fixed investments of a specific sum for a specific period of time. You may not add money to these certificates and they are not negotiable.
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FDIC Insurance
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Up to $250,000
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Amounts over $250,000
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Statement Options
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Quarterly Statement
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Monthly Statement
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Service Charges / Monthly Fees
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N/A
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N/A
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Available Investment Terms |
7 Days to 60 Months2 |
4-Week, 13-Week, 26-Week, 52-Week, 2-Year, 3-Year3 |
Early Withdrawal Penalty |
You can withdraw funds prior to maturity by paying an early withdrawal penalty of 3 months interest on any certificate with a term of 3 months or more. On certificates with terms of less than 3 months, all interest will be forfeited |
You can withdraw funds prior to maturity by paying an early withdrawal interest penalty according to the terms of the certificate: 4-Week: 28 Days, 13-Week: 90 Days, 26-Week: 90 Days, 52-Week: 180 Days, 2-Year: 360 Days, 3-Year: 540 Days
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1Interest can be compounded, deposited to a checking or savings account, or paid by check. 2You can withdraw funds prior to maturity by paying an early withdrawal penalty of 3 months interest on any certificate with a term of 3 months or more. On certificates with terms of less than 3 months, all interest will be forfeited. 3Penalties for early withdrawal may apply. Interest will accrue daily up to the date, but not on the maturity date. If the maturity date should fall on a non-business date, then the funds will be paid out the following business day.
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