Certificate of Deposits are great if you want to earn interest without worrying about the funds. Set the money in the CD and let it grow with Academy Bank. Interest is compounded and credited quarterly for investment terms of 12 months or longer. Shorter terms pay at maturity.
1 Annual Percentage Yield (APY)
A minimum opening balance of $500 is required to obtain the disclosed annual percentage yield. A fixed interest rate is earned on the entire balance. The Annual Percentage Yield (APY) shown is accurate at of 10/03/23. CD rates are subject to change at any time and are not guaranteed until CD is opened. Fees charged to the account could reduce earnings on the account.
There are penalties for withdrawing funds before the set term. The amount depends on the length of the CD account term:
• 7 - 91 Days: 60 days loss of interest
• 92 - 182 Days: 182 days loss of interest
• 183 days - 60 Months: 1 year loss of interest
• 60 Months: 2 years loss of interest
This Academy Bank account can be used to invest your IRA or ESA. Member FDIC
Regarding Select Rewards see below:
* Registration/activation required.
2 Promotion offer valid 8/7/2023 through 9/30/2023
There is a $100 opening balance requirement on Select Rewards checking accounts.
A $6 monthly service charge applies.
Free e.Statements or $5 paper statement fee.
Closing new accounts within 90 days of opening will result in $20 early closure fee.
Benefits are available to personal checking accounts and their primary account owner and joint account owner(s) subject to the terms and conditions set forth for the applicable Benefits. Some Benefits require authentication, registration and/or activation. Benefits are not available to the "signer" on the account who is not an account owner or to the businesses, clubs, trusts, organizations and/or churches and their members, or schools and their employee/students.
† Special Program Notes: Please refer to the actual Guide to Benefit and/or insurance documents for complete details of coverage and exclusions.
INSURANCE DISCLOSURE: Insurance products are NOT insured by FDIC or any Federal Government Agency; NOT a deposit of or guaranteed by the bank or any bank affiliate. Coverage is provided through the company named in the Guide to Benefit or on the certificate of insurance.