|
|
Something Perfect is perfect. It makes shopping for the best CD rate a thing of the past.
- When interest rates rise, your rate will rise too
- If rates fall, your rate will never fall below the Federal Funds Target Rate plus 1/2 percent
- Rate tied to Federal Funds Target Rate
- You can add any amount of money to it anytime
- Minimum opening balance $20,000
- One-time withdrawal permitted without penalty
- Quarterly earnings statement
- 24-month term
- Open a second account for your IRA rollover
 |
To learn more about Something Perfect, call or visit a Tower Bank representative today. |
Minimum opening deposit $20,000; maximum deposit $250,000 per account. A limit of one Something Perfect and one Something Perfect IRA may be opened per person or entity. The interest rate is based on the Federal Funds Target Rate as published in the Wall Street Journal plus a margin of interest. See current rate sheet for details. Your interest rate will not go below the Federal Funds Target Rate plus the margin. The maximum interest rate paid is 300 basis points over the Starting Interest Rate which is the Federal Funds Target Rate plus the margin on the day you opened or renewed your account. Additional deposits are allowed daily. Single withdrawal permitted without penalty after the first 90 days for up to one half of the principal amount, maximum $25,000, otherwise penalty for early withdrawal. Interest compounded quarterly. Certain restrictions may apply. Available to individuals, businesses and not-for-profit organizations and for IRA rollovers/transfers. |
|
|
