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- Minimum opening
deposit/balance: $1,000.00
- Rate is tied to 5 Year
Treasury Constant Maturity as
published in the Fed Reserve H.15 report.
- Interest compounded daily,
credited monthly
- Initial rate from open date
to first day of next month.
- Subsequent rates are set on
the first day of the month and
stay in effect for the remainder of the month.
- Rates can adjust up or down.
- Unlimited deposits of $100.00
or more.
- Three options for interest
distribution:
- Compound (Leave in
the account)
- Transfer to another
account
- Have a check mailed
- 7 Grace days at maturity
- A penalty may be imposed for
early withdrawal
This product is not available to non-Maryland residents.
Equal Housing Lender FDIC Insured
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