Rates valid from August 15, 2008 through August 20, 2008.
Savings Accounts
Account Type
| Interest Rate |
APY* |
Minimum Deposit |
Minimum Balance for APY |
| Savings Accounts |
1.500% |
1.508% |
$100 |
$0.01 |
Interest on the above account is compounded quarterly.
N.O.W. Plus Accounts
| Tier |
Interest Rate |
APY* |
Minimum Deposit |
Minimum Balance for APY |
$0.00 -
$2,499.99 |
0.500% |
0.501% |
$1,000 |
$0.01 |
Over
$2,500.00 |
1.100% |
1.106% |
|
$2,500 |
Interest on the above account is compounded monthly.
Money Market Account
| Tier |
Interest Rate |
APY* |
Minimum Deposit |
Minimum Balance for APY |
Less than
$9,999.99 |
1.800% |
1.815% |
$1,500 |
$0.01 |
$10,000.00 -
$24,999.99 |
2.500% |
2.529% |
|
$10,000 |
$25,000.00 -
$74,999.99 |
2.700% |
2.734% |
|
$25,000 |
$75,000.00 -
$249,999.99 |
2.900% |
2.939% |
|
$75,000 |
$250,000.00
& Over |
3.100% |
3.144% |
|
$250,000 |
Interest on the above account is compounded monthly.
RATES SUBJECT TO CHANGE WITHOUT NOTICE.
****Fees may reduce the earnings on the above accounts.****
Certificates of Deposit and I.R.A.'s
| Tier |
Interest Rate |
APY* |
Minimum Deposit |
Minimum Balance for APY |
| 91 days or less |
2.400% |
2.422% |
$500 |
$500 |
| 182 Days |
2.750% |
2.778% |
$500 |
$500 |
| One Year |
3.300% |
3.341% |
$500 |
$500 |
| Two Years |
3.450% |
3.495% |
$500 |
$500 |
| Three Years |
3.500% |
3.549% |
$500 |
$500 |
| Four Years |
3.600% |
3.649% |
$500 |
$500 |
| Five Years |
3.650% |
3.700% |
$500 |
$500 |
If interest is paid monthly, the above interest rates
will be reduced by 0.20%. This applies to certificates
of deposit and I.R.A.'S only.
RATES SUBJECT TO CHANGE WITHOUT NOTICE. MEMBER F.D.I.C.
Penalties for early withdrawal.
Certificates of Deposit must not exceed $100,000.00
Rates are compounded quarterly. Rates may change without notice.
*APY = Annual Percentage Yield
CDARS - Deposits insured up to $30 million
See any Officer or Employee for further details about rates or fees.
