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- $1,000 minimum deposit to open account.
- Interest will be computed by the daily balance method, which
is determined by the application of a daily periodic rate to the
full principal in the account each day.
- Interest will be paid to your account quarterly.
- After the account is opened, you may not make any deposits into
or withdrawals from the principal in the account until the maturity
date.
- The annual percentage yield (APY) disclosed assumes that interest
remains on deposit until maturity.
- Early withdrawal penalties apply.
Grand Bank of Texas provides IRA Certificate of Deposit services.
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