Business Rate Sheet
effective through 08/20/2008 - Print this Page
SAVINGS ACCOUNTS |
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| Account Type | Daily Collected Balance | Annual Percentage Yield | Interest Rate |
| Money Market Savings ($2,500 minimum) |
$2,500 to $9,999 | 1.10% | 1.09% |
| $10,000 to $24,999 | 1.60% | 1.59% | |
| $25,000 to $49,999 | 1.70% | 1.69% | |
| $50,000 to $99,999 | 1.75% | 1.74% | |
| Over $100,000 | 1.80% | 1.79% | |
| Statement Savings* ($250 minimum) |
$0 and above | 1.00% | 1.00% |
*Interest calculated daily, credited quarterly
Rates and annual percentage yield on all savings accounts are variable and subject to change at the bank's discretion. A monthly service charge will be assessed on all savings accounts, except EcoKids®, if the balance falls below the daily minimum requirement, the account will continue to earn interest. Assessment of fees can reduce principal and earnings.
IRA ACCOUNTS |
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| Account Type | APY | Interest Rate |
|
1-Year IRA ($250 to open) |
2.57% | 2.55% |
| 3-Year IRA ($1,000 to open) |
3.46% | 3.42% |
| 5-Year Fixed-Rate IRA ($2,000 to open) |
4.01% | 3.95% |
| 5-Year Variable Rate IRA** ($2,000 to open) |
3.03% | 3.00% |
All of our IRA products allow for additional deposits. Penalties will be imposed for early withdrawal. Assessment of penalties can reduce principal and earnings.
**Variable rate CD with a 3% floor. If the balance falls below the minimum opening deposit the account will continue to earn interest.
CERTIFICATES OF DEPOSIT |
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| Term | Annual Percentage Yield | Interest Rate | ||||
| For Balances | <$2,500 | <$10,000 | >$10,000 | <$2,500 | <$10,000 | >$10,000 |
| 6 month* ($500 to open) | 1.48% | 2.43% | 2.64% | 1.47% | 2.42% | 2.62% |
| 1 Year ($500 to open) | 1.86% | 2.57% | 2.78% | 1.85% | 2.55% | 2.75% |
| 2 Year ($500 to open) | 2.25% | 3.01% | 3.22% | 2.23% | 2.98% | 3.18% |
| 3 Year ($500 to open) | 2.70% | 3.46% | 3.72% | 2.67% | 3.42% | 3.67% |
| 4 Year ($500 to open) | 2.95% | 3.72% | 3.98% | 2.92% | 3.67% | 3.92% |
| 5 Year ($500 to open) | 3.14% | 4.06% | 4.27% | 3.10% | 4.00% | 4.20% |
*Simple interest paid at maturity. Penalties will be imposed for early withdrawal. Assessment of penalties can reduce principal and earnings.