| Certificates of Deposit-Rates current as of 07-09-08 | |||
|
CD Term
|
Minimum Deposit
|
Rate
|
APY
|
|
90 Day
|
$5,000.00
|
2.23%
|
2.25%
|
|
180 Day
|
$1,000.00
|
2.48%
|
2.50%
|
|
12 Month
|
$1,000.00
|
2.67%
|
2.70%
|
|
18 Month
|
$1,000.00
|
2.67%
|
2.70%
|
|
24 Month
|
$1,000.00
|
2.97%
|
3.00%
|
|
36 Month
|
$1,000.00
|
3.11%
|
3.15%
|
|
48 Month
|
$1,000.00
|
3.41%
|
3.45%
|
|
7 MONTH SPECIAL
|
$1,000.00
|
2.83%
|
2.85%
|
|
Rates may Change at Bank's Discretion Penalty for Early Withdrawal: CD term 1 year or less - 3 months interest penalty, CD term more than 1 year - 6 months interest penalty. Early withdrawal penalty may change the effective annual percentage yield. Fees may change the effective annual percentage yield. APY - Annual Percentage Yield: Yield on Certificartes of Deposit are based on quarterly compounding for 12 month. |
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| Money Market, Checking and IRA CD Accounts-Rates current as of 07-09-08 | |||||
|
Account
|
Minimum to Open
|
Minimum Balance
|
Rate
|
APY
|
Fees
|
|
Money Market *
|
|||||
|
$2,500-$9,999
|
$2500.00
|
$2500.00
|
1.045%
|
1.05%
|
$10.00 under $2500 minimum balance
|
|
$10,000 and up
|
1.39%
|
1.40%
|
|||
|
Premier Money Market
|
|
|
|||
|
$2,500 to $24,999
|
$2500
|
$2500
|
1.045%
|
1.05%
|
$10.00 under $2500 min
|
|
$25,000 and UP
|
1.54%
|
1.55%
|
|||
|
Prime Money Market
|
|||||
|
$2500 to $74,999
|
$2500
|
$2500
|
1.00%
|
1.00%
|
$10.00 under $2500 min
|
|
$75,000 & UP
|
2.00%
|
2.02%
|
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|
Checking Accounts
|
|||||
|
Personal NOW
|
$500.00*
|
.75%
|
.75%
|
*to avoid $7.50 fee
|
|
|
Check Return
|
$500.00*
|
.75%
|
.75%
|
*to avoid $10.00 fee
|
|
|
Regular Checking*
|
No Minimum
|
Loan, Deposits, Direct Deposit
|
Non-Interest
|
*Relationship needed to waive $5.00 fee
|
|
|
Regular Checking
|
No Minimum
|
No Minimum
|
Non-Interest
|
$5.00 monthly fee
|
|
|
Plus Checking (55+)
|
No Minimum
|
No Minimum
|
Non-Interest
|
No Fee
|
|
|
Savings Accounts
|
|||||
|
Regular Savings
|
$100.00
|
$300.00
|
1.00%
|
1.00%
|
|
|
Minor Savings
|
$25.00
|
$5.00
|
1.00%
|
1.00%
|
|
|
Golden Passbook
|
$2500.00
|
$2500.00
|
1.24%
|
1.25%
|
|
|
IRA CD Account
|
|||||
|
2 Year Variable Rate
|
$100.00
|
$50.00
|
2.50%
|
2.52%**
|
Rate Changes Quarterly
|
|
HEALTH SAVINGS ACCOUNT
|
No Minimum
|
No Minimum
|
1.24%
|
1.25%
|
$0.50 per check fee
|
|
**APY - Annual Percentage Yield IRA CD rate based on quarterly compounding, annual yield. All of the deposit products listed are FDIC insured. *Money Market Account - interest will not be paid if funds are withdrawn before the last day of the month. Limited to 3 checks per month and 3 telephone transfers. Fees may change the effective annual percentage yield. |
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| Commercial Deposit Accounts-Rates current as of 07-09-08 | |||||
|
Account Type
|
Minimum to Open
|
Minimum Balance
|
Rate
|
APY
|
Fee
|
|
Business NOW
|
$1,000.00
|
0.75%
|
Limited Availability
|
||
|
Corporate Checking
|
No Minimum
|
No Minimum
|
Non-Interest Bearing
|
Cancelled checks not returned
|
$1.00 Monthly Fee/ $0.10 per check fee
|
|
Regular Business Savings
|
$100 to avoid fee/$300 to earn interest
|
1.00%
|
1.00%
|
$5.00 if under $100.00 average monthly balance
|
|
|
Business Money Market
|
$5000
|
$5000
|
|
$10.00 fee under $5000 min
|
|
|
$5000-$24,999.99
|
|
1.045%
|
1.05%
|
||
|
$25,000 and UP
|
1.39%
|
1.40%
|
|||
|
No fee Corporate
|
Checking with a
|
Business Money Market
|
with $5,000 minimum
|
balance.
|
|
|
Business Money Market Account - Interest will not be paid if funds are withdrawn before the last day of the month. Fees and penalty may change effective annual percentage yield. Limited to 3 checks and 3 telephone transfers per statement cycle. APY - Annual Percentage Yield - on above Commercial checking accounts, Money Market accounts and Golden Passbook savings accounts, yield is based on interest compounded monthly to account. Fees may change the effective annual percentage yield. Regular Business Savings is compounded quarterly. All accounts FDIC insured up to $100,000.00. Call 906.265.5131 for more information. |
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