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| Share Certificates | RATES | APPLY NOW In Home Banking |
Whether you have a small nest egg or a large sum to invest, Tower has a Share Certificate to meet your needs.
- Regular Share Certificates require a minimum deposit of $500 and offer terms of six months, one, two, three, four, or five years.
- Bump-up Share Certificates require a minimum deposit of $5,000 and offer terms of four and five years. If rates climb, you can "bump-up" to a higher rate once during the term.
- Mini-jumbo Share Certificates require a minimum deposit of $20,000 and offer terms of four and five years.
- Jumbo Share Certificates require a minimum deposit of $100,000 and offer terms ranging from 30 days to one year.
Dividend rates, and the corresponding Annual
Percentage Yield earned, are announced weekly. Dividends are compounded and paid monthly and are
automatically deposited to the Share Certificate account unless you
select another payment option. Except during the 10 day grace period
after maturity, any withdrawal of all or part of the Share Certificate
will incur an early withdrawal penalty.
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