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CD Early Withdrawal Survey: San Francisco

CD Rates » CD Penalty Chart » San Francisco

Bankrate.com's 2015 CD Early Withdrawal Penalty Survey collected data in San Francisco 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 San Francisco CD rates

San Francisco

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-monthBank of America$1,0000.03%90 days' interest on the amount withdrawnYes7 daysNot offered
3-monthBeal Bank$1,0000.41%Greater of 1% of amount withdrawn or half of the interest that would have been earned on amount withdrawn during entire termYes10 daysYes
3-monthChase Bank$1,0000.01%1% of amount withdrawn but not more than total interest earned during current term of CDNo10 daysYes
3-monthCitibank$1,0000.05%90 days' interest on amount withdrawnYes7 daysYes
3-monthFirst Federal Savings & Loan of San Rafael$1,0000.1%1 month of interestYes7 daysYes
3-monthFirst Republic Bank$10,0000.05%6 months' interestYes7 daysYes
3-monthGateway Bank$1,0000.05%30 days' interestYes7 daysNot offered
3-monthLuther Burbank Savings$1,0000.1%90 days' interestYes10 daysYes
3-monthSterling Bank & Trust$5000.2%30 days' interest on amount withdrawnYes7 daysYes
3-monthWells Fargo Bank$2,5000.01%3 months' interest, minimum $25Yes7 daysYes
6-monthBank of America$1,0000.03%90 days' interest on the amount withdrawnYes7 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6-monthBeal Bank$1,0000.51%Greater of 1% of amount withdrawn or half of the interest that would have been earned on amount withdrawn during entire termYes10 daysYes
6-monthChase Bank$1,0000.01%1% of amount withdrawn but not more than total interest earned during current term of CDNo10 daysYes
6-monthCitibank$5000.07%90 days' interest on amount withdrawnYes7 daysYes
6-monthFirst Federal Savings & Loan of San Rafael$1,0000.15%3 months' interestYes7 daysYes
6-monthFirst Republic Bank$10,0000.35%180 days' interestYes7 daysYes
6-monthGateway Bank FSB$1,0000.05%30 days' interestYes7 daysNot offered
6-monthLuther Burbank Savings$1,0000.15%90 days' interestYes10 daysYes
6-monthSterling Bank and Trust$5000.4%90 days' interest on amount withdrawnYes7 daysYes
6-monthWells Fargo Bank$2,5000.01%3 months' interest, minimum $25Yes7 daysYes
1-yearBank of America$1,0000.05%180 days' interest on the amount withdrawnYes7 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-yearCitibank$5000.15%180 days' interest on amount withdrawnYes7 daysYes
1-yearFirst Federal Savings & Loan of San Rafael$1,0000.4%6 months' interestYes7 daysYes
1-yearFirst Republic Bank$10,0000.5%180 days' interestYes7 daysYes
1-yearGateway Bank$1,0000.1%90 days' interestYes7 daysYes
1-yearLuther Burbank Savings$1,0000.25%180 days' interestYes10 daysYes
1-yearSterling Bank & Trust$5000.65%180 days' interest on amount withdrawnYes7 daysYes
1-yearWells Fargo Bank$2,5000.05%3 months' interest, minimum $25Yes7 daysYes
2-yearBank of America$1,0000.1%180 days' interest on the amount withdrawnYes7 daysYes
2-yearBeal Bank$1,0000.71%Greater of 1% of 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-yearCitibank$5000.25%180 days' interest on the amount withdrawnYes7 daysYes
2-yearFirst Federal Savings & Loan of San Rafael$1,0000.75%9 months' interestYes7 daysYes
2-yearFirst Republic Bank$10,0001.25%15 months' interestYes7 daysYes
2-yearGateway Bank$1,0000.1%120 days' interestYes7 daysNot offered
2-yearLuther Burbank Savings$1,0000.75%12 months' interestYes10 daysYes
2-yearSterling Bank & Trust$5000.9%360 days' interest on the amount withdrawnYes7 daysYes
2-yearWells Fargo Bank$2,5000.15%6 months' interest, minimum $25Yes7 daysYes
5-yearBank of America$1,0000.15%12 months' interest on the amount withdrawnYes7 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-yearCitibank$5000.5%180 days' interest on the amount withdrawnYes7 daysYes
5-yearFirst Federal Savings & Loan of San Rafael$1,0001.65%12 months' interestYes7 daysYes
5-yearFirst Republic Bank$10,0002%15 months' interestYes7 daysYes
5-yearGateway Bank$1,0000.1%180 days' interestYes7 daysNot offered
5-yearLuther Burbank Savings$1,0001.85%12 months' interestYes10 daysYes
5-yearSterling Bank and Trust$5001.85%360 days' interest on the amount withdrawnYes7 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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