GMAC Bank 1 Year CD Rate
You can open a CD online here or by calling GMAC Bank Customer Care at 1-866-246-BANK (1-866-246-2265).
Requirements to open a CD account
GMAC Penalty for Early Withdrawal of a Certificate of Deposit
The penalty is equal to 90 days of interest that has been or would be earned on a certificate with a term of less than or equal to one year. For certificate of deposits over 1 year the penalty is equal to 180 days of interest that has been or would be earned on a certificate with a term of more than one year.
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