I am trying to find out what most banks charge as an early withdrawal penalty on CDs. Do most banks charge 3 months interest for CDs under six months and 6 months interest for 1 year and greater?

Our ploicy is 1 month on < 1yr term
and 3 months on 1yr & >.

We charge 90 days on CD's 12 months or less and 180 days on 13 months and up.

I think that you will find that there is no real "standard" for these fees. (Though I have been on your end of the conversation when I was asked "what do other banks do?")

I think Andy pointed this out in a previous post. Be careful what you are asking for from your competitors and how you use that for product pricing/penalties, you don't want to get into a price fixing, collusion, anti-trust situation.

Yes I did.