Flex Fund CD

1. FSCB CDs are certificates of deposit accounts and subject to the terms and conditions provided at account opening and any other related disclosures.
2. The Flex Fund CD is subject to change at any time. Not available for brokered deposits, or to public entities, financial institutions, or Commercial Banking customers, as identified by FSCB.
3. Annual Percentage Yields (APYs) are accurate as of date account is established. Rates offered for CDs may be changed at any time without notice. The minimum balance required to open the CD and obtain the APY is $500. Early withdrawal of funds may result in an early withdrawal penalty. The first withdrawal is penalty-free up to 50% of the initial investment.  Any additional withdrawal or anything withdrawn OVER 50% will be penalized 3 months’ interest on the amount withdrawn.
4. If you close your account early, you will not receive any accrued interest that has not been paid to your certificate.
5. CD interest will compound quarterly
6. The Flex Fund CD is a fixed rate CD until the first maturity. At maturity, the current 12m CD rate will be given.  A maturity notice is sent to the customer prior to the maturity date, and the customer has 10 days to make any changes.