We keep our rates posted as a convenience for customers
making financial decisions. We do our best to keep them current
but rates are subject to change without notice. If you have any
questions, please contact a
Personal Banker.
Account
Type
Annual
Percentage
Yield (APY)
Interest
Rate
Compounding
& Payment
of Interest
Minimum
Deposit to
Open Account
Minimum
Balance to
Obtain APY
7-31 day
1.00%
0.991%
simple @
maturity
$20,000
$20,000
91 day
1.00%
0.992%
simple
@
maturity
$2,500
$2,500
6 month
1.10%
1.093%
simple @
maturity
$2,500
$2,500
1
year**
1.20%
1.190%
quarterly
$1,000
$1,000
18 month**
1.25%
1.240%
quarterly
$1,000
$1,000
2 year
1.50%
1.487%
quarterly
$1,000
$1,000
3 year
2.00%
1.981%
quarterly
$1,000
$1,000
4 year
2.50%
2.472%
quarterly
$1,000
$1,000
5 year
3.00%
2.962%
quarterly
$1,000
$1,000
Promotional CD -
New Money Only*
6 month
5.00%
4.935%
simple
@
maturity
$5,000
$5,000
-Rates
are current as of
August 27, 2007
Terms
and Conditions **Individual
Retirement Accounts (IRAs) This account can be opened as an IRA. The minimum balance
to obtain the stated APY is $100.
Disclosure For Certificates Of Deposit: The stated rate will be paid until the first maturity date of the Certificate. The annual percentage yield assumes that interest remains on deposit until maturity. A withdrawal may reduce earnings. Interest begins to accrue on the business day you deposit any
non cash item (for example, checks).
Early Withdrawal Penalty: You may not withdraw any principal from this Certificate before maturity without our consent (which may be withheld), and if we permit such a withdrawal you will have to pay a penalty as follows:
(A) Where the original maturity of the account is one year or less, the penalty will be forfeiture of three month’s interest earned or to be earned, on the amount withdrawn, to the scheduled maturity date at the nominal (simple interest) rate in effect during the term.
(B) Where the original maturity of the account is more than one year, the penalty will be forfeiture of six month’s interest on the amount withdrawn at the nominal (simple interest) rate in effect during the term.
Renewal Policy - Automatic Renewal: Certificates of Deposit will automatically renew on the maturity date. Unless you notify us in writing either before the maturity date or within a grace period of 10 calendar days after the maturity date (within a grace period of 3 calendar days for CD terms of 31 days or less), this deposit will renew for a new term as long as the original term and at the rate then in effect at this bank for similarly issued certificates of like term. If you prevent automatic renewal, no interest will accrue after the maturity date. We can also prevent automatic renewal if we notify you in writing 30 days before a maturity date that we do not intend to renew this account. You must withdraw the funds within the grace period to avoid being charged a penalty.
*Disclosure For Promotional Certificates Of Deposit: NEW MONEY ONLY. $5,000 minimum
deposit required to earn annual percentage yield (APY). There is a penalty for early
withdrawal. A withdrawal will reduce earnings. Fees may
reduce earnings. Rates are subject to change.
See account
disclosure for terms and conditions. Rate and annual percentage
yield are subject to change.
Member F.D.I.C.
