Deposit Rates
Effective: Wednesday, February 1, 2011
Time
Certificate of Deposit/IRA Rates
(see footnotes 3, 4, 5 & 6) |
|
LENGTH OR TERM |
INTEREST RATE |
Annual Percentage Yield |
Opening Minimum Deposit |
| 3 Months |
0.15% |
0.15% |
$500 |
| 6 Months |
0.35% |
0.35% |
$500 |
| 12 -23 Months |
0.50% |
0.50% |
$500 |
| 24 -35 Months |
0.80% |
0.80% |
$500 |
| 36 -47 Months |
1.00% |
1.00% |
$500 |
| 48 -59 Months |
1.24% |
1.25% |
$500 |
| 60 -99 Months |
1.49% |
1.50% |
$500 |
Personal
Money Market Rates
(see footnotes 1, 2 & 7) |
| LOW |
HIGH |
INTEREST RATE |
Annual Percentage Yield |
| 0.00 |
24,999.99 |
0.15% |
0.15% |
| 25,000.00 |
99,999.99 |
0.30% |
0.30% |
| 100,000.00 |
249,999.99 |
0.35% |
0.35% |
| 250,000.00 |
499,999.99 |
0.40% |
0.40% |
| 500,000.00 |
999,999.99 |
0.45% |
0.45% |
| 1,000,000.00+ |
|
0.45% |
0.45% |
|
Minimum balance to open $100. A minimum balance $1,000 required to
waive monthly maintenance fee.
Savings & Interest
Checking
(see footnotes 1, 2 & 7) |
| |
INTEREST RATE |
Annual Percentage Yield |
| Standard Interest Checking |
0.10% |
0.10% |
| Personal and Business Savings |
0.20% |
0.20% |
Minimum balance to open $100. A minimum balance $1,000 required to waive
monthly maintenance fee on Standard Interest Checking. A minimum
balance $300 required to waive monthly maintenance fee for Personal and
Business Savings.
|
| |
Disclosures: |
| 1 |
Rates on these accounts may change at any time
without notice. |
| 2 |
Fees assessed on these accounts could reduce your
earnings and APY |
| 3 |
All Time Certificates of Deposits and IRAs are
subject to early withdrawal penalties. |
| 4 |
Annual percentage yield (APY) assumes interest
remains on deposit until the maturity date. |
| 5 |
A withdrawal will reduce earnings |
| 6 |
IRA early withdrawals may also trigger IRS penalties
and additional Federal Tax liability. |
| 7 |
Interest calculated on the daily ledger balance. |
|
|
