First Bank Hampton CD early withdrawal penalty

First Bank Hampton
CD early withdrawal penalty

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Published terms reviewed; calculation inputs still required

We have reviewed the published terms below. They do not establish every detail needed for a bank-specific dollar calculation, so the estimator requires your own agreement inputs. We do not fill those gaps with assumptions.

Certificates of Deposit

First Bank in Hampton, Iowa, lists an early withdrawal penalty of nine months of interest for CD terms of 12 months or less and 15 months of interest for CD terms longer than 12 months. These are the durations stated on its time-deposit-rate page.

The published durations are nine and 15 months; they should not be replaced with more common three- or six-month assumptions. The page does not establish the full calculation basis or what happens when interest earned is less than the stated penalty, so an individual account disclosure is still needed.

TFS assisted source review: Aug 31, 2026 · Last source check: Aug 31, 2026 · Official source

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Estimate a full principal withdrawal before maturity. Amounts stay in this page and are not sent to TFS. Your institution must confirm eligibility and the final redemption quote.

Enter the terms from your disclosure

These are your inputs, not verified First Bank Hampton terms. This manual model supports simple days/months of interest or all interest earned. Percentage fees, tiered formulas, special minimums, and exceptions need an institution quote.

Penalty formulaPenalty daysInterest year basisCan the penalty reduce principal?

CD principal ($)Contractual annual interest rate (%)Use the interest rate on your CD agreement, not the advertised APY.Interest still on deposit and payable ($)Exclude interest already paid out. Use your institution’s current figure.

Compare holding this CD with reinvesting the proceeds until the same maturity date.I checked that these terms apply to my product, original term, and deposit date. This is a full withdrawal before maturity, outside any special withdrawal window. Any early-holding-period minimum has been accounted for.

First Bank HamptonCD early withdrawal penalty

Published terms reviewed; calculation inputs still required

Certificates of Deposit

What would closing your CD cost?

Located source pages

First Bank Hampton
CD early withdrawal penalty