CERTIFICATE OF DEPOSITS & IRAs

We offer Traditional IRA plans, SEP IRA plans, ROTH IRA plans and Coverdell Savings Plans

• $500 Minimum Deposit to open an account
• Terms available from 90 days to 5 years
• Early withdrawal penalty applies to all withdrawals made prior to maturity
• $500 Minimum deposit to open an account – Unlimited Maximum Amount may be deposited
• JUMBO CD's available $100,000 and up
• Terms available from 90 days to 5 years
• Increase your personal savings
• Higher Yield Rate than a checking account
• Interest Payable – Compound back to CD – Direct Deposit to Checking or Savings account with Oglethorpe – Paid by Check
• Auto Renewal – CD will automatically renew at the end of the term at the current market rate. The interest rate and annual percentage yield will be determined by current rates at renewal.
• CD redeemed prior to maturity is subject to an early withdrawal penalty
• We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate the the principal in the account each day.
• Interest begins to accrue on the first business day after the banking day you deposit noncash items (for example, checks).