Common use of Term of Deposit Clause in Contracts

Term of Deposit. The term of your certificate of deposit (CD) maybe reflected on the face of the CD. You are required to maintain your CD with the Bank for that period of time. CDs generally have terms of a few months to several years. CDs with very short or very long terms may be issued at the Bank’s discretion.

Appears in 6 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

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