 |
Updated 08-18-10
|
Account Type
|
Interest Rate
|
Annual % Yield
|
Minimum Balance To Open Acc't
|
Minimum Balance to Obtain A.P.Y.
|
|
N.O.W.
|
0.500%
|
0.50%
|
$200.00
|
$1.00
|
|
Money Market
|
0.750%
|
0.75%
|
$2,500.00
|
$2,500.00 Ave. Bal.
|
|
Passbook Savings
|
0.650%
|
0.65%
|
$1.00
|
$1.00
|
|
91 Day CD
|
0.750%
|
0.75%
|
$2,500.00
|
$2,500.00
|
|
182 Day CD
|
1.050%
|
1.05%
|
$2,500.00
|
$2,500.00
|
|
12 Month CD
|
1.300%
|
1.31%
|
$1,000.00
|
$1,000.00
|
|
18 Month CD
|
1.400%
|
1.41%
|
$1,000.00
|
$1,000.00
|
|
24 Month CD
|
1.550%
|
1.56%
|
$1,000.00
|
$1,000.00
|
|
36 Month CD
|
2.050%
|
2.07%
|
$1,000.00
|
$1,000.00
|
|
48 Month CD
|
2.350%
|
2.38%
|
$1,000.00
|
$1,000.00
|
|
18 Month I.R.A.
|
2.350%
|
2.38%
|
$200.00
|
$200.00
|
| |
|
|
|
|
** Rates may change at any time.** Contact our office for current rates.
*APR = Annual Percentage Rate
*APY = Annual Percentage Yield
Certificates of Deposit:
|
Length of Time
|
Minimum Balance
|
|
91 Day
|
$2,500.00
|
|
182 Day
|
$2,500.00
|
Interest rate is guaranteed during each term. Interest may be
mailed at maturity or added to the C.D. balance for another term. |
|
Length of Time
|
Minimum Balance
|
|
12 Month
|
$1,000.00
|
|
18 Month
|
$1,000.00
|
|
24 Month
|
|
|
|
|
Interest rate is guaranteed during each term. Interest may be
compounded to the account monthly or credited and mailed monthly (if account balance is $10,000 or over), quarterly, semi-annually, or annually. There is a substantial penalty for early withdrawal. |
Individual Retirement Accounts
|
Type
|
Length of Term
|
Minimum Balance
|
|
Traditional IRA
|
18 Month
|
$200
|
|
Roth IRA
|
18 Month
|
$200
|
|
Educational IRA
|
18 Month
|
$200
|
| All of the above listed certificates automatically renew for a similar term at the interest rate then posted in our office. Initial rates may change at any time and there is a substantial penalty for early withdrawal. |
|
|
