Normangee State Bank CD early withdrawal penalty

Normangee 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.

Certificates of Deposit

Normangee State Bank states that early withdrawal from a CD with a maturity of three months through one year can cost at least one month of interest earned or that could have been earned. For maturities longer than one year, it states at least three months of interest. Credited interest may be withdrawn without penalty, and automatically renewed CDs have a 10-day grace period.

The words “at least” matter: the source gives minimum penalties, not guaranteed exact fees or caps. Do not treat one or three months as a final calculation without the customer’s disclosure and bank confirmation. The page does not supply a complete formula for all withdrawal circumstances.

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

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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 Normangee 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.

Normangee State BankCD early withdrawal penalty

Published terms reviewed; calculation inputs still required

Certificates of Deposit

What would closing your CD cost?

Located source pages

Normangee State Bank
CD early withdrawal penalty