| Account Features & Benefits | Regular Certificates of Deposit | Jumbo Certificates of Deposit | IntraFi** – Certificates of Deposit Account Registry Service |
|---|---|---|---|
| Minimum Deposit to Open and Obtain APY | $1,000* | $100,000* | Speak to a BMT Representative for details |
| Terms Available | From 91 days to 5 years | From 30 days to 1 year | Through this service, we can place large deposits into smaller denomination CDs at multiple FDIC-insured banks, offering FDIC insurance coverage up to $50 million. Wide range of options available |
| Interest and How It’s Paid | Fixed for term selected. Interest is credited at maturity unless you selected an interest payment option when you opened the certificate. | Fixed for term selected. Interest is credited at maturity unless you selected an interest payment option when you opened the certificate | Vary by offering institution |
| Deposit Limits | Varies. | Varies. | Varies. |
| Withdrawal Limits | At maturity, without penalty. Early withdrawals are subject to penalty | At maturity, without penalty. Early withdrawals are subject to penalty | At maturity, without penalty. Early withdrawals are subject to penalty |
| Monthly Service Fee | None | None | None |
| Access to Funds | None until maturity, without incurring early withdrawal penalty | None until maturity, without incurring early withdrawal penalty | None until maturity, without incurring early withdrawal penalty |
| Open an Account |
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