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A stable and low risk investment |
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Fixed rate of interest for term of deposit |
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Deposit terms range from 1 month to 5 years - minimum of $2,500 |
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Principal and interest are automatically renewed unless otherwise informed |
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Penalty for early withdrawal |
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May be used as collateral for a loan |
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An early withdrawal penalty will apply |
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FDIC-insured up to $250,000 per person for all accounts at BEA New York Branch |
