13 month Flex Up CD rates are at 2. Interest may be added back to the CD or paid by check annually and at maturity, or deposited into a First American Bank and Trust account monthly, quarterly, or annually.įor information on interest bearing checking, money market, and savings accounts, please contact an employee of the bank. The 7 month Flex Up CD rate is higher than most 1 year CD rates available from any bank these days. Interest may be added back to the CD or paid by check at maturity or deposited into a First American Bank and Trust account monthly or at maturity. Interest Rates subject to change without notice. If any Certificate of Deposit owner dies or is declared legally incompetent, the Certificate of Deposit can be redeemed early, without penalty.For a CD with a term greater than twelve (12) month, the penalty is six (6) months interest, regardless of when you redeem the account prior to maturity.For a CD with a twelve (12) month or shorter term, the penalty is three (3) months interest, regardless of when you redeem the account prior to maturity.The annual percentage yield is accurate as of the above date.įees could reduce earnings on the account.Įarly Withdrawal Penalty: If you redeem a Certificate of Deposit (CD) prior to maturity, you will incur an early withdrawal penalty. Limelight now also offers the top yielding 18-month CD, with an APY of 5.6 percent. The annual percentage yield assumes interest remains on deposit until maturity.