Grace period for penalty-free withdrawals after maturity Terms of 1 year or less: 3 months simple interest on the amount withdrawn Terms more than 1 year to 3 years: 6 months simple interest on the amount withdrawn Terms more than 3 years: 12 months simple interest on the amount withdrawn Jumbo CDs: 2-Year, 3-Year, 4-Year and 5-Year Short-term CDs: 6-Month, 13-Month, 18-Month, 1-Year, 2-Year, 3-Year, 4-Year and 5-Year
