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#1859764 - 10/09/13 01:54 PM Qwick Rate
Golfer9 Offline
100 Club
Joined: Sep 2007
Posts: 199
Oklahoma
If anyone uses Qwick Rate, can you give me an idea of what you do about CD penalties - we are getting ready to start this program and have no idea how stiff CD penalties are for this type of CD? Thanks in advance!

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#1860084 - 10/09/13 07:20 PM Re: Qwick Rate Golfer9
Doug Hendrickson Offline
Power Poster
Doug Hendrickson
Joined: Oct 2009
Posts: 3,927
Our contracts state that "Early withdrawals are not permitted", therefore we don't have any wording regarding penalties for such. None of the Banks/CUs with whom we've worked have ever asked for their funds prior to maturity.
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I hear and I forget. I see and I remember. I do and I understand.--Confucius

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