Omb Bank CD early withdrawal penalty

Omb 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.

18-month high-yield CD

OMB Bank’s 18-month CD FAQ says its early-withdrawal penalty is generally nine months of interest and directs customers to the Truth-in-Savings disclosure for complete terms. The product has a 10-calendar-day maturity grace period to withdraw funds, add funds, or make another selection without an early-withdrawal penalty. If no action is taken, renewal uses the 18-month board rate in effect at maturity.

“Generally” is a qualification, not approval of an exact nine-month formula. This summary is limited to the 18-month product, not other OMB CD terms. The page’s rate information is dated August 28, 2026; offer availability, contractual penalty computation, principal treatment, and any exceptions need confirmation from the applicable agreement.

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 Omb 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.

Omb BankCD early withdrawal penalty

Published terms reviewed; calculation inputs still required

18-month high-yield CD

What would closing your CD cost?

Located source pages

Omb Bank
CD early withdrawal penalty