First Security Bank - West CD Early Withdrawal Penalty

First Security Bank - West
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.

What the published disclosure says

Certificates of deposit — shared First Security Banks overview

The shared First Security Banks savings page lists an early CD withdrawal penalty of either three or six months of interest. It also says principal withdrawals before maturity are not penalty-free. The website explicitly identifies First Security Bank - West as a separately chartered bank and lists its Beulah and Robinson, North Dakota offices.

Limits to check in your own agreement

This is a shared group overview, not a separate West-specific schedule. It does not assign the three- versus six-month charge to terms or charters. Confirm the West agreement and opening or renewal term before selecting a penalty; the month convention, principal-loss treatment, and maturity grace period are not established here.

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.

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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 First Security Bank - West 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.