|Term||Interest Rate||APY Disclosure
The Annual Percentage Yield (APY) for a Certificate of Deposit (CD) account is effective as of 05/05/2017 and subject to change without notice. There is a $10,000 minimum opening account deposit and balance requirement. APY assumes principal and interest remain on deposit until maturity. A penalty will be imposed for early withdrawal. Fees may reduce earnings on the account.
|Principal Balance Disclosure
This estimated amount includes the initial deposit and the interest earned at the end of the CD term, is based on the interest rate and assumes principal and interest remain on deposit until maturity. A penalty will be imposed for early withdrawal. Interest earned may vary and fees may reduce aggregate balance on the account.
All Popular Direct deposit products are offered by, and will be opened through, Banco Popular North America (“BPNA”). BPNA is a Member FDIC institution and a New York state chartered bank. Processing services for all Popular Direct deposit products are provided by BPNA. All deposits with BPNA (including deposits through Popular Direct deposit products) are insured by the FDIC up to the applicable maximum amount allowed by law for each deposit ownership category. All balances for Popular Direct and BPNA deposits would be combined for purposes of determining FDIC coverage eligibility. For more information about FDIC Insurance coverage of deposit accounts, visit https://www.fdic.gov/deposit/deposits
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