To obtain the annual percentage yield, you must maintain a minimum balance of $0.01 in the account each day. Interest is compounded monthly and credited monthly. No additional deposits may be made into your account until the maturity date. We do not have to permit early withdrawals from the account. Early withdrawal penalties may apply. Fees can reduce earnings.
The 36-47 Month Bump-Up CD allows for 2 rate bump-ups during the term of the CD. The 60 Month Bump-Up CD allows for 3 rate bump-ups during the term of the CD. Bump-ups must be made in person at a Freedom Bank branch location. Rate changes will occur at the customer's election and upon Freedom Bank's actual receipt of written notice from the customer. The interest rate on the account will change to the interest rate we offer then on accounts of the same term as the original contracted term of the customer's account. This promotion is limited to $100,000.00 per customer. Offer may be withdrawn without prior notice.