| Interest Bearing Deposits |
|
Balance |
NOW Checking |
Money Market |
Savings |
Interest
Rate |
Annual
Percentage
Yield |
Interest
Rate |
Annual
Percentage
Yield |
Interest
Rate |
Annual
Percentage
Yield |
| $0.01 to $4,999.99 |
0.010% | 0.01% |
0.010% | 0.01% |
0.010% | 0.01% |
| $5,000 to $24,999.99 |
0.010% | 0.01% |
0.010% | 0.01% |
0.010% | 0.01% |
| $25,000 to $99,999.99 |
0.050% | 0.05% |
0.050% | 0.05% |
0.050% | 0.05% |
| $100,000 to $499,999.99 |
0.050% | 0.05% |
0.100% | 0.10% |
0.100% | 0.10% |
| $500,000 and Above |
0.100% | 0.10% |
0.200% | 0.20% |
0.200% | 0.20% |
|
Interest on the above accounts is compounded daily, credited monthly, and
calculated on the basis of a 365 day year.
The minimum to open any of the above accounts is $1,000.
|
|
| Certificates of Deposit |
|
Maturity |
$0.01 to $24,999.99 |
$25,000 to $99,999.99 |
$100,000 to $249,999.99 |
$250,000 and Above |
Interest
Rate |
Annual
Percentage
Yield |
Interest
Rate |
Annual
Percentage
Yield |
Interest
Rate |
Annual
Percentage
Yield |
Interest
Rate |
Annual
Percentage
Yield |
| 7 day |
0.000% | 0.00% |
0.000% | 0.00% |
0.150% | 0.15% |
0.250% | 0.25% |
| 30 day |
0.000% | 0.00% |
0.200% | 0.20% |
0.300% | 0.30% |
0.400% | 0.41% |
| 90 day |
0.150% | 0.15% |
0.250% | 0.25% |
0.350% | 0.36% |
0.450% | 0.46% |
| 180 day |
0.200% | 0.20% |
0.300% | 0.30% |
0.400% | 0.41% |
0.500% | 0.51% |
| 1 Year |
0.300% | 0.30% |
0.400% | 0.41% |
0.500% | 0.51% |
0.600% | 0.61% |
| 2 Year |
0.800% | 0.81% |
0.900% | 0.91% |
1.000% | 1.01% |
1.100% | 1.12% |
| 3 Year |
1.500% | 1.52% |
1.600% | 1.62% |
1.700% | 1.72% |
1.800% | 1.83% |
| 5 Year |
1.700% | 1.72% |
1.800% | 1.83% |
1.900% | 1.93% |
2.000% | 2.03% |
|
Interest on certificates of deposit is calculated using simple interest based
on a 360 day year.
Interest is paid at maturity for certificates of deposit with maturities up to
and including one year.
Interest is paid by check annually for certificates of deposit with maturities
in excess of one year.
The minimum to open, maintain, or renew a certificate of deposit is $2,000.
Penalties will be imposed for early withdrawals from certificates of deposit.
Rates are effective as of
01/05/09
. All Interest Rates are subject to change without notice.
|
|