Waukon State Bank CD early withdrawal penalty

Waukon State Bank
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.

Standard CDs and listed 42-month rate-change CD

Waukon State Bank lists a 90-day loss of interest for its 91-day, 182-day, and 12-month CDs. The listed 18-, 24-, 36-, 42-, 48-, and 60-month CDs carry a 180-day loss of interest. The separate 42-month CD with a one-time interest-rate change also lists a 180-day loss of interest.

This summarizes the ordinary CD rows and the explicitly listed 42-month rate-change product. The burial CD and IRA rows have different exceptions and are excluded. The table states the penalty duration but not all details needed for a precise formula, such as the daily-interest divisor and whether principal can be reduced; confirm the account agreement.

TFS assisted source review: Aug 31, 2026 · Last source check: Aug 31, 2026 · Official source

What would closing your CD cost?

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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 Waukon State Bank 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.

Waukon State BankCD early withdrawal penalty

Published terms reviewed; calculation inputs still required

Standard CDs and listed 42-month rate-change CD

What would closing your CD cost?

Located source pages

Waukon State Bank
CD early withdrawal penalty