A target market determination can be obtained here. To decide if a product is appropriate for you, please carefully read the relevant product terms & conditions or disclosure statement. Use the funds to pay any of your bills by BPAY® Have the full amount of your term deposit paid to any of your other accounts with Auswide Transfer your investment to a different term depositĭeposit to or withdraw from the term deposit Alternatively at the end of your term, should you wish to modify your Term Deposit, you may notify us 2 calendar days before but no later than 7 calendar days after the maturity date and: If you are experiencing hardship and need to withdraw your funds on less than 31 days notice, please contact us immediately.
Maturities range from 90 days to four years, and interest is fixed for the term of the Certificate of Deposit. They offer a higher yield with minimum risk. Any withdrawal of part or all funds prior to maturity will be subject to 31 days' notice. A Heritage Bank of Schaumburg Certificate of Deposit is perfect for any customer who would like to invest a larger dollar amount for a specific time frame. When your funds are renewed for the same fixed term as before, the applicable interest rate may be higher or lower than the interest rate that you received in the previous term due to the rates we offer changing from time to time.
Upon maturity, unless you provide us with new instructions, your Term Deposit will automatically roll over for an identical term at the current interest rate applicable to that term.