Interest rates have been on the rise, ever since the Federal Reserve began raising them in 2022, to moderate soaring price gains in the aftermath of the economic lockdowns imposed following the pandemic. Grace period for penalty-free withdrawals after maturity Terms of 1 year or less: 3 months simple interest on the amount withdrawn Terms more than 1 year to 3 years: 6 months simple interest on the amount withdrawn Terms more than 3 years: 12 months simple interest on the amount withdrawn
Jumbo CDs: 2-Year, 3-Year, 4-Year and 5-Year Short-term CDs: 6-Month, 13-Month, 18-Month, 1-Year, 2-Year, 3-Year, 4-Year and 5-Year
