Security First National Bank of Hugo CD Early Withdrawal Penalty

Security First National Bank of Hugo
CD early withdrawal penalty

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Published terms reviewed; calculation inputs still required

We have reviewed the published terms below. They do not establish every detail needed for a bank-specific dollar calculation, so the estimator requires your own agreement inputs. We do not fill those gaps with assumptions.

What the published disclosure says

Personal certificates of deposit — listed terms

Security First National Bank of Hugo lists a 90-day-interest early-withdrawal penalty for its 3-month and 6-month personal CDs. The listed 1-year, 18-month, 2-year, and 4-year terms each have a 180-day-interest penalty. The page requires a $1,000 opening balance and directs customers to its new-account representatives for current rates and terms.

Limits to check in your own agreement

The schedule covers only the specific terms listed on this official page; do not infer the penalty for an unlisted term. The source does not confirm the daily-interest divisor, penalty principal basis, treatment of partial withdrawals, or principal reduction. Verify the actual CD agreement before calculating a dollar amount.

TFS assisted source review: Aug 31, 2026 · Last source check: Oct 5, 2026 · Read the official source ↗

Need a dollar estimate? Use the terms that apply to your CD in the calculator below. See a worked break-or-hold example first if you are comparing rates.

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Estimate a full principal withdrawal before maturity. Amounts stay in this page and are not sent to TFS. Your institution must confirm eligibility and the final redemption quote.

Enter the terms from your disclosure

These are your inputs, not verified Security First National Bank of Hugo terms. This manual model supports simple days/months of interest or all interest earned. Percentage fees, tiered formulas, special minimums, and exceptions need an institution quote.

Penalty formulaPenalty daysInterest year basisCan the penalty reduce principal?

CD principal ($)Contractual annual interest rate (%)Use the interest rate on your CD agreement, not the advertised APY.Interest still on deposit and payable ($)Exclude interest already paid out. Use your institution’s current figure.

Compare holding this CD with reinvesting the proceeds until the same maturity date.I checked that these terms apply to my product, original term, and deposit date. This is a full withdrawal before maturity, outside any special withdrawal window. Any early-holding-period minimum has been accounted for.