Ken's Overviews

SamFam | Sep 25, 2024 | 34 posts since 2020

Is it still possible to see Ken's old overviews on financial institutions? I am trying to find his overview of Advancial but can't find anything. Have they taken all his reviews down?

Does anyone know if the 365 day EWP on their 5 year CD is on the accrued interest, or if it goes into the principal? I was not able to get a concrete answer over the phone but they lean towards the penalty going into the principal.

Thank you.

Post an answer

Answers

premmer | Sep 25, 2024 | 26 posts since 2018

If you have a CD account at Advancial, request they provide you a copy of your CD Truth in Savings Document. EWP terms/conditions are covered in detail.

Kirkland | Sep 25, 2024 | 374 posts since 2014

Early withdrawal penalties will be imposed regardless of whether dividends equal to the amount of penalty have been earned at the time of the withdrawal. If the dividends in the certificate at the time of withdrawal are insufficient to pay the entire penalty assessed, the penalty will be assessed against principal. For 5 year certificates, the penalty will be equal to 365 days dividends when any amount of the principal is withdrawn. In addition, you will not receive any portion of the accrued dividends for the dividend period in which you make an early withdrawal from any certificate.

SamFam | Sep 25, 2024 | 34 posts since 2020

Thank you, everyone.

As far as Ken's reviews, have they been removed?? :-(

mariafalter | Sep 25, 2024 | 167 posts since 2010

I think this is the latest review:
https://www.depositaccounts.com/banks/advancial-cu/offers/#

According to the post, “If the dividends in the Savings Certificate at the time of withdrawal are insufficient to pay the entire penalty assessed, the penalty will be assessed against principal.”

SamFam | Sep 25, 2024 | 34 posts since 2020

Thank you!! How did you land on this? I searched for Advancial but what I got did not have this review.

mariafalter | Sep 25, 2024 | 167 posts since 2010

You search for a bank/cu, scroll down a little to “View all posts from:”, select a year and go from there.

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.