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Deposit Rates |
Last Update
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| As of July 21, 2008 |
Please inquire about our current rates. Rates subject to change without notice. |
Savings Accounts*
|
|
Account |
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Deposit to Open |
Minimum Daily Collected Balance to Obtain APY |
| Savings Account |
0.40% |
0.40% |
$50 |
$0 |
Money Market Investment Account*
|
| Account |
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Deposit to Open |
Minimum Daily Collected Balance to Obtain APY |
|
Amounts up to $9,999 |
0.40% |
0.40% |
$1,000 |
$0 |
|
$10,000 -
$49,999 |
0.60% |
0.60% |
$1,000 |
$10,000 |
|
$50,000 -
$99,999 |
0.60% |
0.60% |
$1,000 |
$50,000 |
|
$100,000 -
$149,999 |
0.75% |
0.75% |
$1,000 |
$100,000 |
|
$150,000 -
$249,999 |
0.75% |
0.75% |
$1,000 |
$150,000 |
|
$250,000 -
$499,999 |
0.75% |
0.75% |
$1,000 |
$250,000 |
|
$500,000 -
$999,999 |
1.00% |
1.00% |
$1,000 |
$500,000 |
|
$1,000,000+ |
1.00% |
1.00% |
$1,000 |
$1,000,000 |
Checking with Interest*
|
|
Account |
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Deposit to Open |
Minimum Daily Collected Balance to Obtain APY |
Premium Checking
|
0.10% |
0.10% |
$100 |
$1,000 |
Patriot Checking
|
0.10% |
0.10% |
$100 |
$1,000 |
Five Star Checking
|
0.20% |
0.20% |
$100 |
$1,000 |
* Fees may reduce earnings on this account. |
Certificates of Deposit
|
| Account |
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Deposit to Open |
Minimum Daily Collected Balance to Obtain APY |
| 30 Days |
1.00% |
1.00% |
$1,000 |
$1,000 |
| 60 Days |
1.00% |
1.00% |
$1,000 |
$1,000 |
| 90 Days |
1.49% |
1.50% |
$1,000 |
$1,000 |
| 120 Days |
1.49% |
1.50% |
$1,000 |
$1,000 |
| 180 Days |
1.74% |
1.75% |
$1,000 |
$1,000 |
| One Year |
1.74% |
1.75% |
$1,000 |
$1,000 |
| 18 Months |
1.84% |
1.85% |
$1,000 |
$1,000 |
| Two Year |
1.99% |
2.00% |
$1,000 |
$1,000 |
| Three Year |
1.99% |
2.00% |
$1,000 |
$1,000 |
| Four Year |
1.99% |
2.00% |
$1,000 |
$1,000 |
| Five Year |
1.99% |
2.00% |
$1,000 |
$1,000 |
| Terms 1 year or greater - interest is compounded quarterly. |
Individual Retirement Accounts/SEPPs
|
| Account |
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Deposit to Open |
Minimum Daily Collected Balance to Obtain APY |
| Variable - 18 Months* |
1.84% |
1.85% |
$100 |
$100 |
| Money Market IRA* |
0.75% |
0.75% |
$2,000 |
$0 |
| Fixed Rate |
|
|
|
|
| One Year |
1.74% |
1.75% |
$1,000 |
$1,000 |
| 18 Months |
1.84% |
1.85% |
$1,000 |
$1,000 |
| Two Year |
1.99% |
2.00% |
$1,000 |
$1,000 |
| Three Year |
1.99% |
2.00% |
$1,000 |
$1,000 |
| Four Year |
1.99% |
2.00% |
$1,000 |
$1,000 |
| Five Year |
1.99% |
2.00% |
$1,000 |
$1,000 |
*The rate on these accounts may change after the account is opened.
Substantial interest penalty is required for early withdrawal on all Certificates of Deposit and IRAs.
Deposit rates are expressed as an Annual Percentage Yield (APY) and assume that interest is received at least annually.
Fees or other conditions could reduce the earnings on the accounts. This is not a full disclosure. Disclosures are available upon request.
|
Jumbo Certificate of Deposit Rates
|
| Account |
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Deposit to Open |
Minimum Daily Collected Balance to Obtain APY |
| 30 Days |
1.00% |
1.00% |
$90,000 |
$1,000 |
| 60 Days |
1.00% |
1.00% |
$90,000 |
$1,000 |
| 90 Days |
1.49% |
1.50% |
$90,000 |
$1,000 |
| 120 Days |
1.49% |
1.50% |
$90,000 |
$1,000 |
| 180 Days |
1.74% |
1.75% |
$90,000 |
$1,000 |
| One Year |
1.74% |
1.75% |
$90,000 |
$1,000 |
| 18 Months |
1.84% |
1.85% |
$90,000 |
$1,000 |
| Two Year |
1.99% |
2.00% |
$90,000 |
$1,000 |
| Three Year |
1.99% |
2.00% |
$90,000 |
$1,000 |
| Four Year |
1.99% |
2.00% |
$90,000 |
$1,000 |
| Five Year |
1.99% |
2.00% |
$90,000 |
$1,000 |
| Terms 1 year or greater - interest is compounded quarterly. |
Jumbo IRA/SEPP Rates
|
| Account |
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Deposit to Open |
Minimum Daily Collected Balance to Obtain APY |
| One Year |
1.74% |
1.75% |
$90,000 |
| |