West Point Bank CD Early Withdrawal Penalty

West Point 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.

What the published disclosure says

182-day CD — automatic renewal and grace period

West Point Bank’s 182-day CD page says the certificate renews automatically for the same term at the rate available at maturity. Customers have 10 calendar days after maturity to withdraw funds without a penalty. The page separately warns of an early-withdrawal penalty, but does not publish a numeric penalty schedule.

Limits to check in your own agreement

These are the published terms of the 182-day product, not a verified schedule for every West Point Bank CD. The page’s rate information is dated May 7, 2026; rates and availability are not promised by this summary. Confirm the penalty formula, any partial-withdrawal restrictions, and the agreement governing the specific opening or renewal date.

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 West Point 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.

Located source pages

Discovery is not verification. These pages may be incomplete or describe a different product.