WHAT IS THE EARLY WITHDRAWAL PENALTY?
FNBA does allow partial withdrawals. The penalty charged is based on the term of your Certificate of Deposit. The penalty may result in a reduction of your principal balance.
- 1-11 Months = 90 days of interest
- 12-23 Months = 180 days of interest
- 24-47 Months = 360 days of interest
- 48-59 Months = 540 days of interest
- 60 Month = 540 days of interest
- 72 Month = 540 days of interest
- 84 Month = 540 days of interest
- 96 Month = 720 days of interest
- 108 Month = 720 days of interest
- 120 Month = 720 days of interest
Early withdrawal penalties are the same for online and in-branch Certificates of Deposits.
