Alliance Bank CD early withdrawal penalty

Alliance 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.

Regular CDs — fixed fee plus interest forfeiture

Alliance Bank’s regular-CD page says withdrawing principal before maturity may incur a $100 charge plus the loss of two, six, or 12 months of interest earned, depending on the original term. The page lists regular terms of 6, 12, 16, 24, 36, and 48 months, but does not map each term to an interest-forfeiture tier. It also says additional deposits or withdrawals are not allowed before maturity.

The fixed $100 component is explicit, but the missing tier-to-term mapping prevents a reliable automatic penalty calculation. Do not choose a tier from the list by assumption. Obtain confirmation that early withdrawal will be allowed, the applicable interest component, and any effect on principal. Older or specially negotiated CD contracts may differ from this current product description.

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 Alliance 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.

Alliance BankCD early withdrawal penalty

Published terms reviewed; calculation inputs still required

Regular CDs — fixed fee plus interest forfeiture

What would closing your CD cost?

Located source pages

Alliance Bank
CD early withdrawal penalty