- Designed for Those Individuals or Businesses Who Don't Participate
in a Pension Plan or 401(K) plan.
- Contributions to This Plan are Set for An Annual One Time Contribution
into Time Certificates of Deposit for 12, 18 or 24 months (or
More depending on your choice) for a fixed term.
- The Bank Acts As a Custodian of Funds.
Account Information:
| Minimum Opening Deposit
|
$500.00 |
| Annual Fee |
$20.00 |
| Penalty for early withdrawal
for original terms of one year or less |
31 days |
| Penalty for early withdrawal
for original terms of over one year |
90 days |
| Automatically Renewable
|
Optional |
| Keogh close-out fee (rollovers
or transfers to other institutions) |
$15.00 |
*Note: Substantial tax penalties will be imposed by federal and
state taxing authorities if cashed before age 59 ½ years of age.
You should consult your CPA or tax advisor for further details.
*Note: A penalty for early withdrawal will be assessed even if
it requires the reduction of the principal amount. You may withdraw
your Keough deposit within 7 days of original deposit.
Please see your disclosure statement provided at the time of the
account opening for further details governing your account, or speak
with your Private Banker.
To Open
an Account:
|
