If approved, you will not be charged an early withdrawal penalty on the dollar amount requested above the certificate minimum of $1,000. If the dollar amount request brings your balance below the minimum $1,000, your certificate will be closed at no cost. You must keep your certificate open to qualified for a one-time catch-up deposit. A one-time catch-up deposit will be allowed to the certificate that funds were withdrawn from. One time deposit will be accepted within 12 months from the date of withdrawal or the term of your certificate, whichever is less. South Bay Credit Union has the right to deny a request to waive penalties at their discretion.