|
Certificates of Deposit (CD's)
|
|
Term
|
Minimum Deposit to Open
|
Rate
|
APY*
|
|
3 Months
|
$1,000
|
2.15%
|
2.17%
|
|
6 Months
|
$1000
|
2.25%
|
2.26%
|
|
12 Months (Additions Permitted)
|
$500
|
3.00%
|
3.00%
|
|
18 Months
|
$500
|
3.00%
|
3.00%
|
|
24 Months
|
$500
|
3.00%
|
3.00%
|
|
30 Months
|
$500
|
3.00%
|
3.00%
|
|
36 Months
(Option-Up Feature)
|
$500
|
3.00%
|
3.00%
|
|
48 Months
(Option-Up Feature)
|
$500
|
3.05%
|
3.05%
|
|
60 Months
(Option-Up Feature)
|
$500
|
3.15%
|
3.15%
|
- *APY = Annual Percentage Yield
- Rates are effective as of August 18, 2008
- There is a penalty for early withdrawal of CD's.
- All CD’s on annual compounding except quarterly compounding on 3 month CD’s and semi-annual compounding on 6 month CD’s
|
|
CD Specials
|
|
Term
|
Minimum Deposit to Open
|
Rate
|
APY*
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- *APY = Annual Percentage Yield
- Rates are effective as of August 18, 2008
- There is a penalty for early withdrawal of CD's.
- All CD’s on annual compounding except quarterly compounding on 3 month CD’s and semi-annual compounding on 6 month CD’s
|
|
Prime Money Market Account
|
|
Tiers
|
Rate
|
APY*
|
|
$50,000 and above
|
2.00%
|
2.02%
|
|
$25,000 to 49,999
|
2.00%
|
2.02%
|
|
$5,000 to 24,999
|
2.00%
|
2.02%
|
|
0 to $4,999
|
0.50%
|
0.50%
|
- *APY = Annual Percentage Yield
- Rates are effective as of August 18, 2008
- Fees may reduce earnings.
- Prime Money Market based on monthly compounding.
|
|
Checking & Savings Accounts
|
|
Account Types
|
Minimum Deposit to Open
|
Rate
|
APY*
|
|
Interest Bearing Checking
|
|
0.25%
|
0.25%
|
|
Regular Savings
|
|
0.50%
|
0.50%
|
|
Christmas Club
|
|
1.00%
|
1.00%
|
|
Pay Yourself First
|
|
=Regular Savings + .25%
|
|
|
|
Balance over $5,000
|
=1 Year CD Rate
|
|
|
|
Balance over $10,000
|
=2 Year CD Rate
|
|
- *APY = Annual Percentage Yield
- Rates are effective as of August 18, 2008
- Rates may change after the account is opened.
- Fees may reduce earnings.
- Interest Bearing based on monthly compounding and Regular Savings based on quarterly compounding.
|
|
