Withdrawal Form

Download Withdrawal Form.  Complete this form, and send it the Extension Loan Fund via fax at 405-526-5011 or via email at elfinfo@iphc.org.  In order to complete your request please include your phone number on the form that we may verify the request by phone.

Please reload

Long Term Investment

Short Term Investment

Please be aware that a penalty may be enforced on redemptions prior to the maturity date of the certificate. The penalty for early withdrawal on fixed-rate certificates is a surrender of earned interest as stated below:

Penalties do not apply to Savings Certificates.

For 6 and 12 month Fixed-Rate Certificates the
adjusted penalty is the surrender of three
months earned interest.

Withdrawal Amount X Interest Rate / 4

Example

A $10,000.00 withdrawal on a certificate
earning 3.21% would involve
a penalty of $80.25

For 24, 36, & 60 month Fixed-Rate Certificates the adjusted penalty is the surrender of six
months earned interest.

Withdrawal Amount X Interest Rate / 2

Example

A $10,000.00 withdrawal on a certificate
earning 3.21% would involve
a penalty of $160.50

How to calculate the penalty for early withdrawal