Interest Rates
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Member FDIC
This page was last updated: May 14, 2013
These Rates in Effect
From: Wednesday, May 15, 2013
Through: Tuesday, May 21, 2013
We do our best to keep these rates up to date and available for you, but please realize they are subject to change. When in doubt, please contact the bank.
Checking
| |
Interest Rate |
APY* |
| Choice Checking |
| First & Classic Choice |
0.01% |
0.01% |
| First & Classic Choice PLUS |
0.05% |
0.05% |
| Money Management Checking |
| $0.00 - $1,499.99 |
0.01% |
0.01% |
| $1,500.00 - $9,999.99 |
0.01% |
0.01% |
| $10,000.00 - $24,999.99 |
0.01% |
0.01% |
| $25,000.00 - & Over |
0.01% |
0.01% |
| Money Management Checking Service Charge: $10.00 fee & .20 ¢ per check charge if monthly average balance falls below $1,500.00 |
| Checking Accounts are Variable Rate Accounts: Interest rates are subject to change at any time and fees could reduce earnings. |
*APY equals Annual Percentage Yield or the compounded rate
Savings
| |
Interest Rate |
APY* |
| Statement Savings |
| Any Amount |
0.05% |
0.05% |
| Service Charge: $2.00 if monthly average balance falls below $200.00 |
| Christmas Club |
| Any amount |
.25% |
.25% |
| Choice Money Market Savings |
| $0.00 - $2,499.99 |
0.05% |
0.05% |
| $2,500.00 - $24,999.99 |
0.10% |
0.10% |
| $25,000.00 - $99,999.99 |
0.10% |
0.10% |
| $100,000.00 - & Over |
0.13% |
0.13% |
| Variable Rate Account |
| Service Charge $10.00 fee if balance falls below $2,500.00 |
| Savings Accounts are Variable Rate Accounts: Interest rates are subject to change at any time and fees could reduce earnings. |
*APY equals Annual Percentage Yield or the compounded rate
Borrowing against your savings or CD is an option which ensures you a very low loan rate while preserving the growth of your deposit account for future use.
Certificate of Deposit / IRA
| Term |
Minimum |
Interest Rate |
APY* |
| 32 to 90 Day |
$1,000.00 |
0.05% |
0.05% |
| 3 Month |
$1,000.00 |
0.05% |
0.05% |
| $25,000.00 |
0.05% |
0.05% |
| 6 Month |
$1,000.00 |
0.10% |
0.10% |
| $25,000.00 |
0.10% |
0.10% |
| 12 Month |
$500.00 |
0.20% |
0.20% |
| $25,000.00 |
0.20% |
0.20% |
| 18 Month |
$500.00 |
0.25% |
0.25% |
| $25,000.00 |
0.25% |
0.25% |
| 24 Month |
$500.00 |
0.25% |
0.25% |
| $25,000.00 |
0.25% |
0.25% |
| 30 Month |
$500.00 |
0.30% |
0.30% |
| $25,000.00 |
0.30% |
0.30% |
| 36 Month |
$500.00 |
0.49% |
0.50% |
| $25,000.00 |
0.49% |
0.50% |
| 48 Month |
$500.00 |
0.84% |
0.85% |
| $25,000.00 |
0.84% |
0.85% |
| 60 Month |
$500.00 |
0.99% |
1.00% |
| $25,000.00 |
0.99% |
1.00% |
Penalty for Early Withdrawal:
3 months' interest on CD's with terms of 1 year or less
6 months' interest on CD's with terms of greater than 1 year
(The penalty is assessed on the amount withdrawn)
*APY equals Annual Percentage Yield or the compounded rate