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5-Month Rainmaker CD

5-Month Rainmaker CD

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*APY = Annual percentage yield. 5-month CD, $1,000 minimum deposit. Rates offered as of publication date of rain report on climate.com for intersection of W Moore Street and S Main St, Moulton, TX. The interest rate will be increased at the end of each month by 0.05% for each daily rainfall total of one inch or more according to climate.com official gauge. The rate will be adjusted at the end of each month and the adjusted rate will be applied until the next adjustment or until maturity if no other adjustments are made. All interest will be paid at maturity. If the total rainfall for any day is greater than one and a half inches, the total will be rounded up to 2 inches and the interest rate will be increased by 0.10% (2 x 0.05%). Certificate must be open and active on the date the rainfall is reported. At maturity the CD will automatically convert to a 6-month maturity CD. For additional details or to open account, visit any branch location. Penalty for early withdrawal. Limited time offer, valid through 12/31/22.

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