Virtual Bank Certificate of Deposit (CD)
CD Yields (Annual Percentage Yield)
| Term | APY |
|---|---|
| 3 Month | 0.50% |
| 6 Month | 0.80% |
| 1 Year | 1.36% |
| 2 Year | 1.66% |
| 3 Year | 2.02% |
| 4 Year | 2.33% |
| 5 Year | 2.53% |
Rates as of 3-9-10
Account Features
| Minimum Deposit | $10,000 |
| Compounding | Daily |
Early Withdrawal Penalties
For terms less than six months, the penalty is equal to 1 month simple interest whether earned or not.
For terms equal to six months but less than one year, the penalty is equal to 3 months simple interest whether earned or not.
If the term is one year or more, the penalty is equal to 6 months simple interest whether earned or not.
Renewal Policy and Grace Period
You will have 14 calendar days after the maturity date to withdraw funds without penalty.
Contact
www.virtualbank.com
(877) 998-2265