What is the penalty to close my CD early?

Closing a CD before maturity may reduce your interest or principal. Penalties vary based on the CD term:

• Up to 12 months: Penalty equals interest for the full term
• 12–24 months: Penalty equals one year of interest
• 24 months or more: Penalty equals two years of interest

For complete details, please refer to the Quontic Bank Disclosure Required by Federal Law, which outlines the full penalty terms and conditions.