Texas Gulf Bank, National Association CD early withdrawal penalty

Texas Gulf Bank, National Association
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.

Certificate of Deposit

Texas Gulf Bank lists penalties based on the original CD term and the amount withdrawn: seven days of interest for terms of 31 days or less; one month for 32 days through one year; six months for terms over one year but under 48 months; and 12 months for terms of 48 months or longer. Its CD description says principal withdrawals are not allowed before maturity, accrued interest can be withdrawn without penalty, and automatically renewed CDs have a 10-calendar-day grace period.

This summary uses the Certificate of Deposit section, not the separate IRA terms on the comparison page. A listed penalty does not guarantee permission to withdraw principal early. The page does not provide all conventions needed to calculate the exact fee for an individual account.

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

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These are your inputs, not verified Texas Gulf Bank, National Association 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.

Texas Gulf Bank, National AssociationCD early withdrawal penalty

Published terms reviewed; calculation inputs still required

Certificate of Deposit

What would closing your CD cost?

Located source pages

Texas Gulf Bank, National Association
CD early withdrawal penalty