---
# System prepended metadata

title: 1.101 IRA Pre-Ren Fixed (Over 1 Year)
tags: [IRA]

---

---
tags: IRA
---
# 1.101 IRA Pre-Ren Fixed (Over 1 Year)
# notice_IRTDIR

@{
    var throwError=true;
    var jsonHelper = Model.GetJsonHelper(Model.Sequence.Data, throwError);
    
}


### Individual Retirement Account Pre-renewal notice

Dear @jsonHelper.GetValue("party.nameOne"),<br/>,

Choice Financial Group<br/>
@jsonHelper.GetValue("branchname")<br/>
@jsonHelper.GetValue("branchaddress1")<br/>
@jsonHelper.GetValue("branchaddress3")<br/>

<br/>                      

Your Individual Retirement Account @jsonHelper.GetValue("?") will mature on @jsonHelper.GetValue("maturedate").<br/>

This account will be automatically renewed.<br/> 

The interest rate and annual percentage yield have not been determined. They will be available on @jsonHelper.GetValue("avaldate").<br/>

<br/>



| Current Rate     | @jsonHelper.GetValue("?) |
| ---------------- | -----------------------: |
| Term             | @jsonHelper.GetValue("?) |
| Current Balance  | @jsonHelper.GetValue("?) |
| Maturity Balance | @jsonHelper.GetValue("?) |
| Next Maturity    | @jsonHelper.GetValue("?) |

<br/>

For more information, please contact your nearest Choice Financial location.

The IRA certificate of deposit will automatically renew for @jsonHelper.GetValue("?) unless presented to us within 10 days after the renewal date of @jsonHelper.GetValue("?).<br/>

If an early withdrawal is made from this IRA, a substantial penalty equivalent to @jsonHelper.GetValue("?) interest will be charged.<br/>

The minimum balance required to open this account is $100.00.<br/>
The new interest rate will be paid until the next maturity date of
 @jsonHelper.GetValue("?).<br/>

We use the daily balance method to calculate interest on this account. This method applies a daily periodic rate to the balance in the account each day. Interest will be compounded and credited at a minimum annually and at the next maturity date of @jsonHelper.GetValue("?).<br/>
 
We will add the interest to this certificate, mail you an interest check, or deposit the interest in an account you designate.<br/>

The annual percentage yield assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings. Interest begins to accrue no later than the business day you deposit any non-cash item (for example a check).<br/>

You may make deposits to this account during the term (other than credited interest). You cannot withdraw principal from this account without consent, except on or after the next maturity date of @jsonHelper.GetValue("?).<br/>

If we consent to a request for an early withdrawal that is otherwise not permitted, you may have to pay a penalty. There are certain circumstances,  such as the death or incompetence of an owner, where we may reduce the  penalty.<br/>

You must notify us in writing or present the original certificate of deposit  to us before or within a **ten** day grace period after the renewal date of @jsonHelper.GetValue("?), if you do not want this certificate to  automatically renew. We reserve the right to stop automatic renewal by written notice before maturity.<br/>

If this certificate is not automatically renewed, then no interest will  accrue after maturity.<br/>

See your IRA plan disclosure for additional terms specific to this account.<br/>
<br/>
Thank you,<br/>
**Choice Financial Customer Service Team**
**701-549-3761**
[help@bankwithchoice.com](mailto:help@bankwithchoice.com)
<br/>

**CFIRTDIR**
