At the end of each 6 month period you can withdraw your total balance…no penalties, no questions.
Or you can make an additional deposit once, at the end of the first 6 month period up to the amount of your original deposit.
24 month term – Interest rates are: 2.00% for 1st six months, 2.75% for 2nd six months, 3.10% for 3rd six months and 3.50% for final six months. APY* is 2.84%.
$5,000 minimum to open and earn this yield. Penalty for early withdrawal may apply other than during the 7 days after each 6 month period. If an additional deposit is made, it must be made during the 7 days after the first 6 month period. The Truth in Savings disclosure is available upon request. APY’s are accurate as of the above date and are subject to change at any time. The APY assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. IRA’s do not qualify for the Escalator CD’s. Offer may be withdrawn at any time. Ask to see Account Disclosure for details.
Please Note: Ottawa Savings Bank is committed to protecting your privacy and ensuring your private information is secure. For your protection, please do not send sensitive information such as account numbers, social security numbers or private information through email.