Eloan.com has Online Savings account and CD rate with 5 year maturity terms.
Eary withdrawal penalty: 3 months interest for 1 year or shorter term and 6 months for over 1 year term
Grace period: 10 calendar days
No interest is paid past the maturity date on accounts closed during the grace period
Interest is compounded daily and credited monthly
Linked account can be your E-LOAN savings account
Option is available to transfer interest monthly by ACH from CD to linked account
At maturity, you can instruct E-LOAN via the secure message system to close the CD and transfer money back to your linked account
All deposit products offered through E-LOAN will be opened through Banco Popular North America (BPNA), a New York state chartered bank insured by the FDIC that is the direct parent company of E-LOAN. For more information call 888-533-5333.
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