*Annual Percentage Yield (APY) assumes principal and interest remain on deposit for the 13-month and 25- month terms of the certificate as applicable. $500.00 minimum opening balance up to a maximum of $1,000,000.00. If the standard published rate applicable for the certificate’s term goes up as a result of another promotion, you may elect to bump up or exchange the rate on your account for the higher rate which will be paid for the remainder of the initial term. Option to bump up rate is one time only during the initial term and requires you to visit a Howard Bank branch to redeem before the certificate’s maturity date. Interest is compounded daily and credited monthly. Penalties will be imposed for early withdrawal, which is 180 days interest, and could reduce the initial principal invested. Consult your tax or legal advisor on your specific situation. The advertised promotional rate is the current rate as of 06/22/2018. Offer good for the initial term only and the certificate is automatically renewed at the same term, 13-months or 25-months as applicable, at our standard published rate listed at HowardBank.com. Advertised promotional rate and APY are offered at the Bank’s discretion and may change daily. This is a limited time offer.