Certificate of Deposit Account

• Offered to any individual, partnership of corporation.
• Minimum opening deposit for certificates less than $100,000:

	Maturity Term	Minimum Amount
	7-31 Days	$ 20,000
	32-89 Days	5,000
	90-179 Days	2,500
	180-364 Days	1,000
	1 Year or more	500

• Jumbo certificates with a minimum opening deposit of at least $100,000 are also available for the same maturity terms listed above.
• The interest rate and annual percentage yield for your account will be paid until the maturity date stated on your account agreement.
• Interest will be compounded daily and paid at least annually (unless otherwise designated on the CD Account Agreement).
• Interest begins to accrue no later than the business day we receive credit for deposit of non-cash items (for example, checks).
• We use the daily balance method to calculate your interest, applying a daily periodic rate to the principal.
• This account will automatically renew at maturity at the current rate. You will have ten (10) calendar days from the maturity date to withdraw your funds without being assessed a penalty.
• After the account is opened, you may not make deposits into this account until the maturity date.
• If you withdraw any of the deposit before the maturity date, a penalty will be imposed.

CD Management Account

• Offered to any individual, partnership or corporation.
• The minimum opening deposit is $2,500.
• Your account will mature on the maturity date stated on your account agreement.
• The interest rate and annual percentage yield on your account may change on the first business day of each calendar month and is based on the interest rate on Six-Month Treasury Bills issued at the final auction of the prior month.
• Interest will be compounded daily and credited to your account monthly.
• Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
• We use the daily balance method to calculate your interest, applying a daily periodic rate to the principal.
• This account will automatically renew at maturity at the current rate. You will have ten (10) calendar days from the maturity date to withdraw your funds without being assessed a penalty.
• The account will be closed if the balance falls below $500 at any time during the term.
• Additional deposits of $100 or more may be made at any time during the maturity term.
• You may make one withdrawal during the maturity term without penalty after funds have been on deposit for seven (7) days. Subsequent withdrawals before the maturity date will be assessed a penalty of 31 days' simple interest.

Central Advantage CD

• Offered to any individual.
• The minimum opening deposit is $2,500.
• One year maturity term. Your account will mature on the maturity date stated on your account agreement.
• The interest rate will be ____% with an annual percentage yield (APY) of ___%.
• The interest rate and annual percentage yield on your account will be paid until the maturity date stated on your account agreement.
• Interest will be compounded daily and credited to your account monthly (unless you designate interest payment by transfer to another Central Bank checking, savings, or Money Market Account).
• Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
• We use the daily balance method to calculate your interest, applying a daily periodic rate to the principal.
• Additional deposits of $100 or more may be made at any time during the maturity term.
• Two withdrawals will be permitted without penalty after seven (7) days. The first and second withdrawal must be at least seven (7) days apart to avoid the penalty on the withdrawn amount. Subsequent withdrawals will be subject to a penalty of 31 days' simple interest at the current rate being paid on the account.
• The Central Advantage CD is available for a limited time and may be discontinued without prior notice.
• The "Annual Percentage Yield" assumes interest remains on deposit until maturity and that a withdrawal will reduce earnings.
• The account will be closed if the balance falls below $500 at any time during the term.
• This account will automatically renew at maturity at the current standard rate for a one year term. However, automatic renewals will be eligible for any special Central Advantage CD rate being offered at the time of maturity. You will have ten (10) calendar days from the maturity date to withdraw your funds without being assessed a penalty, or to notify the bank if you wish to change the rate and/or term or your certificate.