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I have an accumulator certificate that will mature in 7/08. What is the penalty for early cash-out?

April 26, 2017accumulator cash-out Certificate early Mature penalty

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I have an accumulator certificate that will mature in 7/08. What is the penalty for early cash-out?

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There is no set penalty for early withdrawals on accumulators and certificates. The early withdrawal penalty is an dividend penalty based on how much is being withdrawn and how much interest it would have accrued had it not been withdrawn early. If you came into a branch or called the contact center we could tell you how much the penalty would be before proceeding with the withdrawal.