Town North Bank

Put your money to work in one of Town North's savings and investment options.

	Statement Savings	Money Market Account	Certificates of Deposit (CDs)	Triple Bonus CD	Individual Retirement Accounts (IRAs)
Description	A basic account for those just starting to save or with less to invest	If you need access to the funds you have to invest, you'll find our money market account to be very rewarding!	A CD is a safe, secure investment for the funds you want to protect from market fluctuations. Terms range from 14 days to 42 months.	Get bonus benefits with this exclusive Town North CD! 19- or 30-month terms.	Its never too early-or too late-to save for retirement with a Town North 18-month or 30-month IRA.
Deposits and withdrawals	$100 minimum to open Two withdrawals allowed per month, with additional withdrawals $2.00 each Transfers from this account to another account or to third parties by preauthorized, automatic, telephone or ATM transfer are limited to six per month.	$100 minimum to open Transfers from this account to another account or to third parties by preauthorized, automatic, telephone or ATM transfer are limited to six per month, with no more than three by check, draft, debit card, or similar order to third parties. Additional debits are $10 each.	Opening minimum varies from $1,000 for regular CDs, to $50,000 for mini-jumbo CDs, to $100,000 for jumbo CDs Withdrawals only permitted at maturity without substantial penalty	$5,000 minimum to open One additional deposit is allowed during the term of the CD Withdrawals only permitted at maturity without substantial penalty	$100 to open Minimum additional deposits of $100, up to the annual maximum allowed by law Mandatory distributions are made as required by law
Interest	Calculated daily, compounded and paid quarterly	Calculated daily, compounded and paid monthly Five tiers reward higher balances: $0.01 - $9,999 $10,000 - $49,999 $50,000 - $499,999 $500,000 - $999,999 $1,000,000 and above	Fixed-rate Calculated and compounded daily Payment options vary, including monthly, quarterly, semiannually, annually, or at maturity	Fixed-rate One rate increase is allowed during the term of the CD Calculated and compounded daily Payment options vary, including monthly, quarterly, semiannually, annually, or at maturity	Fixed- and variable-rate available Calculated daily, compounded and paid quarterly
Balance requirements and other fees	With a minimum daily balance of $300, we will waive your $9 quarterly maintenance fee. This fee is waived for minors, under 18 years of age.	With an average daily balance of $2,500, we will waive your $12 monthly fee.