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CD Interest Penalty

Amount to withdraw $
Interest Rate    %
Original Term


 
As a general rule, CDs with a term of less than 1 year have a penalty of 90 days interest on the funds withdrawn prior to maturity. CDs with a term of more than 1 year have a penalty of 180 days interest on the funds withdrawn prior to maturity . The penalty amount will be deducted from your accrued interest and then from principal if necessary. There is a minimum $25.00 penalty.

These results are just estimates and in many cases there are unique factors that cause significant adjustments to these numbers.

Penalty calculations were changed on 06/30/2014. If your CD was created before this date the calculator will not reflect the proper penalty. Please contact LANB for accurate penalty amounts if you own a CD created before 06/30/2014. 1 (800) 684-5262 or (505) 662-5171.

Interest Rates

90 Day CD
0.050% IR : 0.050% APY

12 Month CD Plus
0.250% IR : 0.250% APY

12 Month Senior CD
0.300% IR : 0.300% APY

View Rates