Certificate of deposit accounts
The system displays account information in some or all of the fields. Additionally, in the Account information section, the system may not display account information in some or all of the fields.
The Account information section displays following information:
Balance
Current balance
Balance of the account before the system settles any pending transactions
Note:
The system displays any account balances below $0.00 in a different color.
Interest rate
Annual Percentage Rate for the account
Term
Duration of the current contract
Maturity date
Date on which the contracted term ends and you can withdraw funds without penalty
Months to maturity
Number of months remaining before the contracted term ends
Interest
Current accrued interest
Amount of interest that has accrued in the current interest accrual period
Pay interest to
Some or all of the nickname, account number, and type of account to which we pay accrued interest for this account. If you receive interest by check instead of as a credit to your account, the system displays that it paid the interest through check.
Next interest payment
Date on which you will receive the next interest payment for the account, and the anticipated amount of the payment
Redemption amount
Total amount in the certificate at the point of maturity
Forfeiture amount
Penalty amount applied to the account as a forfeiture withdrawal
Renewal terms
Renewal terms of the certificate of the deposit account