September 2019 by Jerry Gantar
WARNING - DON’T PURCHASE A CD FROM NORTHERN BANK AND TRUST! I purchased a 3-year CD from this bank and assumed I’d have to pay a SMALL penalty fee should I ever need to cash it in before the CD matured. Boy was I mistaken… Less than a year later, because of unexpected house repairs, I had to cash in that $12,000 CD and was charged a HUGE early penalty withdrawal fee of $580. So, before buying a CD from this bank. MAKE SURE THAT YOU CAREFULLY READ ALL THE FINE PRINT and don’t get ripped off like I did.
