Bank of Cashton CD Early Withdrawal Penalty

Bank of Cashton
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 — renewal and principal risk

Bank of Cashton says its CDs renew automatically unless notice is given beforehand. Renewal is for the same term at the bank’s then-posted rate for an equivalent product. Customers have 10 calendar days after maturity to withdraw without a penalty. The page also warns that early-withdrawal fees may reduce principal, making it possible for an early closure to cost more than interest earned.

Limits to check in your own agreement

The page does not publish the amount or calculation formula of the early-withdrawal fee. It also does not fully establish partial-withdrawal conditions or exceptions. Confirm the exact grace-period deadline and obtain a withdrawal quote for the specific CD agreement, especially if the certificate was opened or renewed under different terms.

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 Bank of Cashton 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.