|
| Current
Rates |
Effective
Date: 07/07/2008 |
Certificate of
Deposit
(Fixed Rate) |
TERM |
$500
to $24,999 |
$25,000
to $99,999 |
$100,000
+ |
90
Days or less
APY |
2.47%
*2.50% |
2.47%
*2.50% |
2.47%
*2.50% |
91
Days to 181 Days APY |
2.71%
*2.75% |
2.71%
*2.75% |
2.71%
*2.75% |
182
Days to 364 Days
APY |
2.96%
*3.00% |
2.96%
*3.00% |
2.96%
*3.00% |
1
Year to < 2 Years
APY |
3.20%
*3.25% |
3.20%
*3.25% |
3.20%
*3.25% |
2
Years to < 3 Years
APY |
3.44%
*3.50% |
3.44%
*3.50% |
3.44%
*3.50% |
3
Years to < 4 Years
APY |
4.16%
*4.25% |
4.16%
*4.25% |
4.16%
*4.25% |
4
Years to < 5 Years
APY |
4.40%
*4.50% |
4.40%
*4.50% |
4.40%
*4.50% |
5
years or more
APY ** |
4.64%
*4.75% |
4.64%
*4.75% |
4.64%
*4.75% |
*These
rates and the APYs are subject to change on a weekly
basis.
** Applies to Individuals and Business Customers Only
Rates and APYs on Certificate of Deposits (CDs) are
fixed
(not adjustable) during the term of the CD until the
maturity date.
APYs (Annual Percentage
Yield) assume: (1) that the interest rate will not
change for one (1) year, (2) that the interest credited
to your account will remain on deposit in the account
for a one (1) year, (3) that the minimum daily balance
requirement will be maintained for one (1) year. Interest
on these accounts is accrued (earned) on the actual
daily balance based on a 365-day calendar year (actual/365
day method). Interest
begins to accrue from the day of deposit whether or
not the deposit is cash or a non-cash item, i.e., check.
Interest is compounded daily. |
|
Money
Market |
| |
Less than
$1,500 |
$1,500
to
$24,999 |
$25,000
to
$49,999 |
$50,000
to
$74,999 |
$75,000
to
$99,999 |
$100,000
or more |
Money
Market |
N/A |
1.00%
*1.00% |
1.95%
*1.97% |
2.20%
*2.22% |
2.45%
*2.48% |
2.70%
*2.73% |
We reserve the right to change interest rates and
the Annual Percentage
Yield (A.P.Y.) on a weekly basis, without prior notice. |
|
|
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