온라인 Promo Plus 정기예금

• 6 Months
• 8 Months
• 12 Months

• Interest will not be compounded.
• Accrual of interest begins on the business day you deposit noncash items (i.e. checks).
• The daily balance method is used to calculate the interest on your account. This method applies a daily periodic rate (annual interest rate divided by 365, or 366 in a leap year) to the principal in the account each day.
• Interest will be credited to your account at maturity.
• If you close your account before interest is credited, you will receive the accrued interest.

• Interest rate is fixed for the term.
• The minimum balance of $10,000.00 is required to obtain the stated Annual Percentage Yield (APY) and maintain the account.
• The APY assumes that interest remains on deposit until maturity. A withdrawal will reduce earnings.
• The interest rate and APY indicated below are accurate as of 11/07/2022.
• The interest rate is 3.65% with an APY of 3.68% for 6 Month term.
• The interest rate is 3.90% with an APY of 3.93% for 8 Month term.
• The interest rate is 4.15% with an APY of 4.15% for 12 Month term.

• You may not make any deposits into your account during the term.
• You may not make any partial withdrawals during the term.
• The accrued interest during a term may be withdrawn on the day it is credited to the account.
• You may make a deposit or withdrawal, or change the length of the term, once during the grace period. If you take one of these actions, the grace period ends on that day. Your grace period is ten (10) calendar days from the maturity date and it begins on the first day after the maturity date.

• An early withdrawal penalty may be imposed for withdrawals made prior to maturity.
• If your account has a term of six (6) months, the early withdrawal penalty will be the amount equal to 30 days simple interest.
• If your account has a term of eight (8) or twelve (12) months, the early withdrawal penalty will be the amount equal to 60 days simple interest.

Automatic Renewal:

This account will automatically renew as Online Certificate of Deposit on the maturity date. If you choose not to renew this account, simply withdraw the funds at maturity or provide written notice within the grace period (ten calendar days). Bank of Hope may also choose not to renew the account by mailing a written notice at least 30 days prior to maturity. If the account is not renewed, interest will not accrue after the final maturity