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CD Early Withdrawal Survey: Houston

CD Rates » CD Penalty Chart » Houston

Bankrate.com's 2015 CD Early Withdrawal Penalty Survey collected data in Houston and other cities for 5 of the most common CD maturities being sold today. This chart gives you an easy way to compare CD offerings by institution, metropolitan area and maturity using the survey data we collected in October of this year.

Compare Houston CD rates

Houston

TermInstitutionMinimum depositYieldPenalty for early withdrawalReduction in principal if accrued and unpaid interest is less than the penalty?Grace period on automatically renewable CDsAre early withdrawal penalties the same for retirement CDs
3-monthAmegy Bank$1,0000.05%30 days' simple interest on amount withdrawnYes10 daysYes
3-monthBank of America$1,0000.03%90 days' interest on the amount withdrawnYes7 daysNot offered
3-monthBBVA Compass$5000.05%$25, plus 1% of amount withdrawnYes10 daysYes
3-monthBeal Bank$1,0000.36%Greater of 1% of amount withdrawn or half of the interest that would have been earned on amount withdrawn during entire termYes10 daysNot offered
3-monthChase Bank$1,0000.01%1% of amount withdrawn but not more than total interest earned during current term of CDNo10 daysYes
3-monthIntegrity Bank$1,0000.25%All interest earnedNo10 daysYes
3-monthPreferred Bank$1,0000.25%1.5% of CD valueNo7 daysYes
3-monthThird Coast Bank$1,0000.25%30 days' interestYes7 daysNot offered
3-monthWells Fargo Bank$2,5000.01%3 months' interest, minimum $25Yes7 daysYes
6-monthAmegy Bank$1,0000.1%30 days' simple interest on amount withdrawnYes10 daysYes
6-monthBank of America$1,0000.03%90 days' interest on the amount withdrawnYes7 daysYes
6-monthBBVA Compass$5000.1%$25, plus 1% of amount withdrawnYes10 daysYes
6-monthBeal Bank$1,0000.51%Greater of 1% of amount withdrawn or half of the interest that would have been earned on amount withdrawn during entire termYes10 daysNot offered
6-monthChase Bank$1,0000.01%1% of amount withdrawn but not more than total interest earned during current term of CDNo10 daysYes
6-monthIntegrity Bank$1,0000.4%3 months' interestYes10 daysYes
6-monthPreferred Bank$1,0000.35%1.5% of CD valueNo7 daysYes
6-monthSpirit of Texas Bank$1,0000.61%90 days' interestYes10 daysNot offered
6-monthThird Coast Bank$1,0000.4%30 days' interestYes7 daysYes
6-monthWells Fargo Bank$2,5000.01%3 months' interest, minimum $25Yes7 daysYes
1-yearAmegy Bank$1,0000.1%90 days' simple interest on amount withdrawnYes10 daysYes
1-yearBank of America$1,0000.05%180 days' interest on the amount withdrawnYes7 daysYes
1-yearBBVA Compass$5000.1%$25, plus 1% of amount withdrawnYes10 daysYes
1-yearBeal Bank$1,0000.66%Greater of 1% of amount withdrawn or half of the interest that would have been earned on amount withdrawn during entire termYes10 daysYes
1-yearChase Bank$1,0000.01%1% of amount withdrawn but not more than total interest earned during current term of CDNo10 daysYes
1-yearIntegrity Bank$1,0000.6%6 months' interestYes10 daysYes
1-yearPreferred Bank$1,0000.4%2.5% of CD valueNo7 daysYes
1-yearSpirit of Texas Bank$1,0000.91%120 days' interestYes10 daysYes
1-yearThird Coast Bank$1,0000.55%90 days' interestYes7 daysYes
1-yearWells Fargo Bank$2,5000.05%3 months' interest, minimum $25Yes7 daysYes
2-yearAmegy Bank$1,0000.15%180 days' simple interest on the amount withdrawnYes10 daysYes
2-yearBank of America$1,0000.1%180 days' interest on the amount withdrawnYes7 daysYes
2-yearBBVA Compass$5000.3%$25, plus 1% of amount withdrawnYes10 daysYes
2-yearBeal Bank$1,0000.81%Greater of 1% of the amount withdrawn or replacement cost of amount withdrawnYes10 daysYes
2-yearChase Bank$1,0000.05%2% of amount withdrawn but not more than total interest earned during current term of CDNo10 daysYes
2-yearIntegrity Bank$1,0001%6 months' interestYes10 daysYes
2-yearPreferred Bank$1,0000.5%2.5% of CD valueNo7 daysYes
2-yearSpirit of Texas Bank$1,0001.36%180 days' interestYes10 daysYes
2-yearThird Coast Bank$1,0000.8%90 days' interestYes7 daysYes
2-yearWells Fargo Bank$2,5000.15%6 months' interest, minimum $25Yes7 daysYes
5-yearAmegy Bank$1,0001%180 days' simple interest on the amount withdrawnYes10 daysYes
5-yearBank of America$1,0000.15%12 months' interest on the amount withdrawnYes7 daysYes
5-yearBBVA Compass$5000.5%$25, plus 1% of amount withdrawnYes10 daysYes
5-yearBeal Bank$1,0001.25%Greater of 1% of the amount withdrawn or replacement cost of amount withdrawnYes10 daysYes
5-yearChase Bank$1,0000.25%2% of amount withdrawn but not more than total interest earned during current term of CDNo10 daysYes
5-yearIntegrity Bank$1,0001.6%6 months' interestYes10 daysNot offered
5-yearPreferred Bank$1,0001.1%3.5% of CD valueNo7 daysYes
5-yearSpirit of Texas Bank$1,0001.76%180 days' interestYes10 daysNot offered
5-yearThird Coast Bank, SSB$1,0001.5%12 months' interestYes7 daysYes
5-yearWells Fargo Bank$2,5000.35%12 months' interest, minimum $25Yes7 daysYes

Bankrate.com's CD Early Withdrawal Penalty Survey studied 100 banks and thrifts from the top 10 metropolitan markets Oct. 1-13, 2015. Included were the top 5 banks and the top 5 thrifts by deposit size in each market. The top 5 credit unions from across the country by assets also were surveyed. In some instances, the institution did not offer all maturity periods.

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