4 ms·
> Note that in the case that you withdraw the CD before 10 years, the penalty would reduce the principal value of the CD.
by screamingninja 3y ago
> Note that in the case that you withdraw the CD before 10 years, the penalty would reduce the principal value of the CD.
- mlyle 3y agoGuessing at what you're trying to say and responding accordingly: You don't get an early withdrawal penalty from your bank failing. It's only if you electively withdraw the funds.