What are the transaction limits for ECAB Certificate of Deposits?
The following limitations apply: Fixed CD – After your account is opened, you may not make additional deposits or withdrawals until maturity. Withdrawals are subject to an early withdrawal fee except at maturity. Flex CD – Additional deposits of $2,000 or more can be made at any time after the account is opened. You may withdraw up to 25% of the original balance providing that the CD balance does not fall below the required minimum balance of $5,000. Withdrawals are restricted to 1, 2 and 4 withdrawal allowances on the 3, 6 and 12 month Flex CDs respectively before a penalty applies.