I3 Bank CD early withdrawal penalty

I3 Bank
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.

Personal time certificates of deposit

i3 Bank’s personal CD page states a penalty equal to one month of interest when the original term is one year or less, and three months when the original term exceeds one year. Certificates automatically renew, with 10 calendar days after maturity to withdraw without penalty. The page describes available terms from three to 60 months.

This summary covers the time-certificate section, not tax penalties or exceptions in the separate IRA discussion. A daily balance interest method does not establish the conversion of penalty months or whether a shortfall reduces principal. Confirm the specific product and opening or renewal agreement; the page does not provide a complete numerical penalty model.

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 I3 Bank 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.

I3 BankCD early withdrawal penalty

Published terms reviewed; calculation inputs still required

Personal time certificates of deposit

What would closing your CD cost?

Located source pages

I3 Bank
CD early withdrawal penalty