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Website Rotater Hudson CD MM (with 2 stars)

 

 *Annual Percentage Yield (APY) is accurate as of 03/1/2017. Certificate of Deposit (CD) term is 36 months.

APY offer is dependent on establishing or having a qualifying Kasasa checking account that is active (recurring debits and credits) and (qualified for Kasasa rewards for the 3 cycles immediately following the opening of the CD) and in good standing (positive overnight balance at least once every 30 calendar days) with Cortland Bank. The CD rate will be reduced to the standard 36 month rate at the time it is determined that the customer has not qualified (as of 3/1/2017, 0.55% APY).

$5,000 minimum, opening balance of new money required to earn APY. New money is defined as money not currently on deposit at Cortland Bank. Offer valid up to maximum balance of $250,000. CD interest is compounded and paid quarterly. APY applicable to initial term only. At maturity, CD will automatically renew for the same term as the initial term, and will earn the interest rate and APY for regular CD for that term, unless the Bank has notified you otherwise. Upon renewal of a regular CD at 36 months, interest will be compounded quarterly. Early withdrawal penalties apply. Not valid with any other offer. This offer may be withdrawn at any time. Rate subject to change. Fees may reduce your earnings on your account. Promo Code: HudsonCD17

 

**Annual Percentage Yield (APY) of 1.10% is accurate as of 3/1/2017 for the first 90 days (‘initial term’) of account opening.

APY offer dependent on establishing or having a checking account with Cortland Bank that is active (recurring debits and credits), and is in good standing (positive overnight balance at least once every 30 calendar days) through the entire promotional rate period.

 

$5,000 minimum, opening balance of new money required to earn APY. New money is defined as money not currently on deposit at Cortland Bank. Offer valid up to maximum balance of $250,000. CD interest is compounded and paid quarterly. APY of 1.10% is applicable to ‘initial term’ only. After the ‘initial term’ the APY will be variable based on the standard Cortland Bank offering for money market accounts. As of 3/1/2017: Balances up to $24,999.99 earn .020% APY, Balances $25,000-$49,999.99 earn .070% APY, Balances $50,000-$99,999.99 earn .120% APY, Balances $100,000 or over earn .170% APY. If account qualifications are not met the standard rate will apply. Rates are subject to change. Fees may reduce your earnings on your account.

 

Federal regulation prohibits you from making more than a total of six transfers each month to other accounts from a savings or money market account (including transfers to another account for overdraft protection) or to third parties each month by check, through point-of-sale purchase transactions with a banking card, by preauthorize or automatic agreements, telephone, or online. See your account agreement for more information. Other limits may apply to your account. Excessive transactions may result in changing your money market accounts to a non-interest bearing checking account.

Promo Code: HudsonMM17

 Questions: call 330.637.8040 or cbinfo@cortlandbank.com.