Common use of Early Withdrawals Clause in Contracts

Early Withdrawals. Your certificate has a maturity date. Any withdrawals before the maturity date require Sun East’s consent. Unless otherwise noted in the Account Schedule, there is a penalty for withdrawing funds from your certificate before the maturity date. Penalties are listed in the table below: Penalty pertains to the amount withdrawn and may result in a reduction of principal. Partial withdrawals are not permitted.

Early Withdrawals. Your certificate has a maturity date. Any withdrawals before the maturity date require Sun East’s consent. Unless otherwise noted in the Account Schedule, there is a penalty for withdrawing funds from your certificate before the maturity date. Penalties Certificate penalties are listed in the table below: Penalty pertains Certificate penalties pertain to the amount withdrawn and may result in a reduction of principal. Partial withdrawals are not permitted.