Finally, A Rate Hike You Can Smile About

APY = Annual Percentage Yield. APY is accurate as of 10/9/2024. Offer is open to existing or new customers. 10-month CD, 2 tiers: (1) $10,000 minimum at an interest rate of 4.140% and 4.200% APY, and (2) $100,000 minimum at an interest rate of 4.380% and 4.450% APY. Minimum balances to earn APY must be new money (defined as funds not on deposit with C&N at the time of account opening.) Existing customers may add existing C&N liquid funds (no waived penalties on existing time deposits) to new accounts but must bring in a minimum of $10,000 or $100,000 new funds to qualify. CD automatically renews to a 12-month CD upon maturity at the interest rate and APY of the 12-month term at that time. No additional deposits, withdrawals of principal, or withdrawals of uncredited interest are allowed. Withdrawals outside of the ten-day grace period at maturity will result in the account being closed and forfeiture of 90 days' interest. Offer not available to Municipal accounts or deposit brokers. $2,000,000 limit per account. Offer may be withdrawn at any time.