A.B.C. Certificates of Deposit
For use with ABC Credit Rehabilitation Loans
|Term||Opening Balance||Interest Rate||Annual Percentage Yield|
We use the Daily Balance Method to calculate the interest on your account. This method applies a daily periodic rate to the Balance in your account each day. Interest is accrued daily, compounded and credited in accordance to your accounts Interest Payment Schedule credited to your account from your account’s issue date. At our discretion, we may change the interest rates at anytime. Penalty may be assessed for early withdrawal. APY is accurate as of January 8, 2013.