The First National Bank of Jeanerette CD Early Withdrawal Penalty

The First National Bank of Jeanerette
CD early withdrawal penalty

TFS is an independent publisher, not this institution. View its financial health profile.

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

Certificates of Deposit

The First National Bank of Jeanerette lists a forfeiture of all interest for CD terms of 90 days or less, a 90-day interest forfeiture for other terms of 12 months or less, and a 180-day interest forfeiture for terms longer than 12 months. Its page also states that early withdrawal can cost interest income but the initial deposit is not at risk.

Limits to check in your own agreement

The short-term all-interest exception must stay separate from the general 90-day tier. The page does not define every interest calculation convention or the process for authorizing a withdrawal, so these published durations and principal-protection wording are not a complete account-specific fee formula.

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.

What would closing your CD cost?

FREE · NO SIGN-IN

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 The First National Bank of Jeanerette 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.