Certificates of Deposit Disclosure
Today’s date is Monday, March 31, 2025
This disclosure contains the rules, which govern your deposit account. The interest rate and annual percentage yield stated below are accurate as of the date printed above. If you would like more current interest rate and yield information, please call us at 502-584-3600 or toll free, 1-888-584-3600. This time deposit is not transferable.
RATE & MINIMUM BALANCE INFORMATION
The interest rate and APY for your account is below. We will pay this rate until first maturity.
NOTE: In this disclosure, Annual Percentage Yield is abbreviated as “APY”.
| Term | Rate | APY* | |
|---|---|---|---|
| 6 Month | 4.21% | 4.30% | Apply Now |
| 11 Month | 3.92% | 4.00% | Apply Now |
| 12 Month | 3.20% | 3.25% | Apply Now |
| 15 Month | 2.96% | 3.00% | |
| 18 Month | 2.62% | 2.65% | |
| 24 Month | 2.71% | 2.75% | |
| 36 Month | 3.44% | 3.50% | |
| 48 Month | 3.59% | 3.65% | |
| 60 Month | 3.92% | 4.00% | Apply Now |
| Term | Rate | APY* | |
|---|---|---|---|
| 6 Month | 4.16% | 4.25% | Apply Now |
| 11 Month | 3.92% | 4.00% | Apply Now |
| 12 Month | 3.20% | 3.25% | Apply Now |
| 15 Month | 2.96% | 3.00% | |
| 18 Month | 2.62% | 2.65% | |
| 24 Month | 2.71% | 2.75% | |
| 36 Month | 3.44% | 3.50% | |
| 48 Month | 3.59% | 3.65% | |
| 60 Month | 3.92% | 4.00% | Apply Now |
Minimum Balance To Open Account: $1,000.00
INTEREST DISTRIBUTION METHOD
Interest will be paid – select one below
[ ] Monthly or [ ] Quarterly or [ ] Semi-annually or [ ] Annually
Payment Method: Capitalize
If you close your account before interest is credited, you will receive the accrued interest. The choice to withdraw rather than redeposit the interest reduces the annual percentage yield and earnings on the account.
BALANCE/ACCRUAL COMPUTATION METHOD
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest is compounded daily.
ACCRUAL ON NON-CASH DEPOSITS
Interest begins to accrue on the business day you deposit non-cash items (for example, checks).
TIME REQUIREMENTS
The maturity date for your account is listed below.
| Term | Maturity Date |
|---|---|
| 6 Month | 6 Months |
| 11 Month | 11 Months |
| 12 Month | 12 Months |
| 15 Month | 15 Months |
| 18 Month | 18 Months |
| 24 Month | 24 Months |
| 36 Month | 36 Months |
| 48 Month | 48 Months |
| 60 Month | 60 Months |
TIME DEPOSIT LIMITATIONS FOR 6, 11, 15, 18, 24, 36, 48 AND 60 MONTH CD
After the Account is opened, you may not make deposits to the Account. Partial withdrawals may be made in amounts equal to or greater than $1,000, so long as the remaining balance at least equals the balance required to open the Account. An Early Withdrawal Penalty will be imposed on the amount withdrawn. Special withdrawal limitation rules apply to Individual Retirement Accounts (IRAs).
TIME DEPOSIT LIMITATIONS FOR 12 MONTH CD
After the Account is opened, you may not make deposits to the Account. Any withdrawal must be for the full Current Balance and will close the Account. Partial withdrawals are not allowed.
EARLY WITHDRAWAL PENALTY FOR 6, 11, 15, 18, 24, 36, 48 AND 60 MONTH CD
A fee equal to 5% of account balance will be imposed.
We will permit an early withdrawal without imposing this penalty if this is an IRA account and the request for early withdrawal is made within seven days of establishing the account. However, the amount of interest earned on the amount withdrawn will be forfeited.
EARLY WITHDRAWAL PENALTY FOR 12 MONTH CD
A penalty equal to seven (7) days interest on the Accounts Current Balance will be imposed if you withdraw the full Current Balance and close the Account within the first seven (7) calendar days from the date of the initial opening deposit.
RENEWAL POLICY AND TERMS
This account will automatically renew at maturity. You will have ten (10) calendar days after the maturity date to redeem certificate without penalty. Interest that accrues during this grace period will not be paid unless certificate is renewed.
Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same as we offer on new time deposits on the maturity date which have the same term, minimum balance (if any) and other features as the standard Republic CD of the same maturity term.
ADDITIONAL DISCLOSURE TERMS
Limit of $2,000,000 maximum deposit per CD or IRA product ($100,000 maximum when opening online).