30 day CDs
| |
Rate |
APY |
| 30-day CDs |
0.40% |
0.40% |
- Interest will be compounded quarterly and credited to the account at maturity.
- The penalty for early withdrawal will be equal to the amount of interest you actually earned.
- Interest rate and APY are subject to change without notice.
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Nintey Day CDs
| |
Rate |
APY |
| 90 day CDs |
.60% |
.60% |
- Interest will be compounded quarterly and credited to the account at maturity.
- The penalty for early withdrawal will equal 31 days simple interest on the amount withdrawn.
- Interest rate and APY are subject to change without notice.
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Longer Term CDs
| |
Rate |
APY |
| Six month CDs |
1.00% |
1.00% |
| One-year CDs |
1.14% |
1.15% |
| 18 month CDs |
1.34% |
1.35% |
| Two-year CDs |
1.49% |
1.50% |
| Three-year CDs |
1.93% |
1.95% |
| Four year CDs |
1.93% |
1.95% |
- Interest will be compounded quarterly and credited to the account quarterly.
- The penalty for early withdrawal will equal 6-months simple interest on the amount withdrawn.
- Interest rate and APY are subject to change without notice.
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Additional Information for all Certificates of Deposit
- Free 24-hour information line (1-866-578-4378)
- Minimum deposit $1,000.00
- The annual percentage yield (APY) assumes interest remains on deposit until maturity. A withdrawal will reduce earnings.
- The interest rate and annual percentage yield will not change, and will be in effect until the account matures.
- We use the daily balance method to calculate interest on your account. This method applies a daily rate to the principal in the account each day.
- Interest begins to accrue on the business day you deposit noncash items (for example checks)
- We may impose a penalty if you withdraw any of the principal before the maturity date.
- At maturity the principal amount and all earned interest that has not been withdrawn will automatically renew for an identical period of time as the original item.
- You will have ten (10) calendar days after the maturity date to withdraw funds without penalty.
- There are no service charges.
- CDs are non-negotiable and non-transferable.
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Rate Schedule
The interest is paid on current collected balances as follows:
| |
Rate |
APY |
| Passbook Savings Account |
|
|
| 0-$199 |
0 |
0 |
| $200-$4,999 |
.30% |
.30% |
| $5,000-$24,999 |
.50% |
.50% |
| $25,000-$49,999 |
.70% |
.70% |
| $50,000 + |
1.00% |
1.00% |
- The interest rate and the annual percentage yield are in effect as of 6/03/10. Rates are subject to change without notice.
- For additional fee information, see the Schedule of Transaction Fees
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