18 Month No-Penalty CD
A Certificate of Deposit from Lubbock National Bank offers interest earning power, with the added benefits of liquidity and safety.
Our 18 Month No Penalty CD allows you to make a partial or full withdrawal any time after the first 90 days (1st 90 days lockout period) during the term of the certificate without penalties.
$1,000.00 minimum to open the 18 Month CD.
Personal CD's only.
Contact a New Accounts Representative for additional information.
The interest rate and annual percentage yield will not change for the term of the account. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest will be compounded monthly and will be credited monthly on the current balance. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
The minimum balance required to obtain the stated APY is $1.00. This account will automatically renew after a 10-day grace period.