The First National Bank of LeRoy  

 

Deposit Products

Certificates of Deposit

The following categories are available:

Length Minimum Balance Compounds
CD – 90 days $2,500 NA
CD – 182 days $2,500 Quarterly
CD – 12 Month $1,000 Quarterly
CD – 15 Month $1,000 Quarterly
CD – 18 Month $1,000 Quarterly
CD – 24 Month $1,000 Quarterly
CD – 30 Month $1,000 Quarterly
CD – 36 Month $1,000 Quarterly
CD – 48 Month $1,000 Quarterly
  • After the account is opened, deposits into or withdrawals from the account cannot be made until the maturity date.
  • The interest rate for the account is fixed and will be paid until the maturity date of  the certificate.
  • Interest can be compounded and credited to the account or paid by check.

If any of the deposit is withdrawn before the maturity date, a penalty will be imposed as follows:

Term Penalty
Less than 12 months 1 month’s interest
12 months or longer 90 days interest

Rates »

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