|
Rates effective as of 06/19/2013
DEPOSIT ACCOUNTS
|
ACCOUNT TYPE
|
INTEREST RATE
|
APY
|
MINIMUM BALANCE TO OPEN ACCOUNT
|
MINIMUM DAILY BALANCE TO OBTAIN APY
|
MINIMUM BALANCE TO AVOID SERVICE CHARGE
|
SERVICE CHARGE IF BALANCE FALLS BELOW MINIMUM
|
| Basic Checking |
n/a
|
n/a
|
$100.00
|
n/a
|
$250.00
|
$5.00 per month
|
| Advantage Checking |
0.05%
0.10%
|
0.05%
0.10%
|
$500.00
|
$1,000.00 - $24,999,99
$25,000.00 and above
|
$250.00
|
$5.00 per month
|
| Passbook Savings |
0.10%
|
0.10%
|
$50.00
|
$100.00
|
$100.00
|
$3.00 per month
|
| Statement Savings |
0.10%
|
0.10%
|
$50.00
|
$100.00
|
$100.00
|
$5.00 per month
|
| Money Market Deposit Account |
0.10%
0.20%
0.30%
|
0.10%
0.20%
0.30%
|
$2,500.00
|
$.01 - $24,999.99
$25,000.00 - $99,999.99
$100,000.00 and above
|
$1,000.00
|
$5.00 per month
|
| Business Checking |
n/a
|
n/a
|
$100.00
|
n/a
|
$500.00
|
$10.00 per month
|
APY = ANNUAL PERCENTAGE YIELD
INTEREST COMPOUNDED DAILY AND POSTED MONTHLY ON DEPOSIT ACCOUNTS
INTEREST RATES AND APY'S ON DEPOSIT ACCOUNTS ARE SUBJECT TO CHANGE
DEPOSIT ACCOUNTS ARE SUBJECT TO MONTHLY DORMANT FEES AFTER 12 MONTHS OF INACTIVITY AS FOLLOWS: PASSBOOK SAVINGS = $5 PER MONTH; OTHER ACCOUNTS = $10 PER MONTH
FEES ASSESSED TO DEPOSIT ACCOUNTS MAY REDUCE EARNINGS
CERTIFICATES OF DEPOSIT
|
CERTIFICATE TERM
|
INTEREST RATE
|
APY
|
MINIMUM BALANCE TO OPEN ACCOUNT
|
MINIMUM DAILY BALANCE TO OBTAIN APY
|
EARLY WITHDRAWAL PENALTY
|
|
3 Month
|
0.25%
|
0.25%
|
$500.00
|
$500.00
|
3 Months
|
|
6 Month
|
0.30%
|
0.30%
|
$500.00
|
$500.00
|
3 Months
|
|
9 Month
|
0.35%
|
0.35%
|
$500.00
|
$500.00
|
3 Months
|
|
1 Year
|
0.40%
|
0.40%
|
$500.00
|
$500.00
|
3 Months
|
|
14 Month
|
0.40%
|
0.40%
|
$500.00
|
$500.00
|
6 Months
|
|
18 Month
|
0.50%
|
0.50%
|
$500.00
|
$500.00
|
6 Months
|
|
2 Year
|
0.60%
|
0.60%
|
$500.00
|
$500.00
|
6 Months
|
|
30 Month
|
0.70%
|
0.70%
|
$500.00
|
$500.00
|
6 Months
|
|
3 Year
|
0.75%
|
0.75%
|
$500.00
|
$500.00
|
6 Months
|
|
4 Year
|
0.90%
|
0.90%
|
$500.00
|
$500.00
|
6 Months
|
|
5 Year
|
1.10%
|
1.10%
|
$500.00
|
$500.00
|
6 Months
|
APY = ANNUAL PERCENTAGE YIELD
3 MONTH AND 6 MONTH TERMS ARE ACTUALLY 91 DAYS AND 182 DAYS, RESPECTIVELY
INTEREST COMPOUNDED QUARTERLY AND POSTED QUARTERLY ON REGULAR CERTIFICATES
INTEREST RATES AND APY'S ARE FIXED FOR TERM OF THE CERTIFICATE
A PENALTY FOR EARLY WITHDRAWAL, AS SHOWN, WILL BE IMPOSED ON ANY NON-IRA CERTIFICATE, OR PORTION THEREOF, WITHDRAWN PRIOR TO THE MATURITY DATE.
APY'S ASSUME INTEREST WILL ACCUMULATE FOR THE TERM OF THE CERTIFICATE
INDIVIDUAL RETIREMENT ACCOUNTS
| ACCOUNT TYPE |
INTEREST RATE |
APY |
MINIMUM BALANCE TO OPEN ACCOUNT |
MINIMUM DAILY BALANCE
TO OBTAIN APY |
EARLY WITHDRAWAL PENALTY |
| 18 Month IRA |
0.75% |
0.75% |
$1.00 |
$1.00 |
6 Months |
INTEREST COMPOUNDED DAILY AND POSTED QUARTERLY ON IRA CERTIFICATES
INTEREST RATES AND APY'S ARE FIXED FOR THE TERM OF THE CERTIFICATE
FLEXIBLE NO-PENALTY WITHDRAWAL AFTER AGE 59 1/2
APY'S ASSUME INTEREST WILL ACCUMULATE FOR THE TERM OF THE CERTIFICATE
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