|
|
DEPOSIT
RATES
See "Disclosure of Account Terms" for details of particular program
type.
Rates effective as of August 4, 2008
CERTIFICATEs OF DEPOSIT (4,5,6,8,9)
|
| TERM |
INTEREST RATE |
ANNUAL PERCENTAGE YIELD (3) |
|
INTEREST RATE |
ANNUAL PERCENTAGE YIELD (3) |
|
| 3 Months |
1.50% |
1.50% |
5 Month Special (12) |
2.62% |
2.65% |
|
| 6 Months |
1.99% |
2.00% |
|
|
|
|
| 9 Months |
3.11% |
3.15% |
|
|
|
|
| 12 Months |
2.24% |
2.25% |
|
|
|
|
| 15 Months |
2.68% |
2.70% |
|
|
|
|
| 18 Months |
2.68% |
2.70% |
|
|
|
|
| 24 Months |
3.71% |
3.75% |
|
|
|
|
| 30 Months |
2.73% |
2.75% |
|
|
|
|
| 48 Months |
3.46% |
3.50% |
|
|
|
|
| 60 - 120 Months |
4.05% |
4.10% |
|
|
|
|
SAVINGS PROGRAMS
|
| REGULAR PASSBOOK SAVINGS (1,2,6) |
| Account Balance |
Interest Rate |
Annual Percentage Yield (APY)(3) |
Minimum to Open |
Minimum to Earn Interest |
|
|
| $0-49.99 |
0.00% |
0.00% |
$50 |
$50 |
|
|
| $50-999.99 |
0.25% |
0.25% |
- |
- |
|
|
| $1,000 - 4,999.99 |
0.25% |
0.25% |
- |
- |
|
|
| $5,000 + |
0.50% |
0.50% |
- |
- |
|
|
PREFERRED SAVINGS - PASSBOOK (1,2,6)
|
| Account Balance |
Interest Rate |
Annual Percentage Yield (APY)(3) |
Minimum to Open |
Minimum to Earn Interest |
|
|
| $0-2,499.99 |
0.00% |
0.00% |
1,000 |
2,500 |
|
|
| $2,500-4,999.99 |
0.25% |
0.25% |
- |
- |
|
|
| $5,000-24,999.99 |
0.50% |
0.50% |
- |
- |
|
|
| $25,000-49,999.99 |
0.75% |
0.75% |
- |
- |
|
|
| $50,000.00 |
1.24% |
1.25% |
- |
- |
|
|
STATEMENT SAVINGS (1,2,7)
|
| Account Balance |
Interest Rate |
Annual Percentage Yield (APY)(3) |
Minimum to Open |
Minimum to Earn Interest |
|
|
| $0-49.99 |
0.00% |
0.00% |
$50 |
$50 |
|
|
| $50-999.99 |
0.25% |
0.25% |
- |
- |
|
|
| $1,000-4,999.99 |
0.25% |
0.25% |
- |
- |
|
|
| $5,000+ |
0.50% |
0.50% |
- |
- |
|
|
INTEREST PLUS SAVINGS (1,2,7)
|
| Account Balance |
Interest Rate |
Annual Percentage Yield (APY)(3) |
Minimum to Open |
Minimum to Earn Interest |
|
|
| $0-2,499.99 |
0.00% |
0.00% |
2,500 |
2,500 |
|
|
| 2,500-24,999.99 |
1.00% |
1.00% |
- |
- |
|
|
| 25,000+ |
1.79% |
1.80% |
- |
- |
|
|
MONEY MARKET SAVINGS (1,2,6)
Existing accounts only; No new accounts
|
| Account Balance |
Interest Rate |
Annual Percentage Yield (APY)(3) |
Minimum to Open |
Minimum to Earn Interest |
|
|
| $0-49.99 |
0.00% |
0.00% |
- |
50 |
|
|
| $50-999.99 |
0.25% |
0.25% |
- |
- |
|
|
| $1,000+ |
0.50% |
0.50% |
- |
- |
|
|
CHRISTMAS CLUB SAVINGS(1,10)
|
| Account Balance |
Interest Rate |
Annual Percentage Yield (APY)(3) |
Minimum to Open |
Minimum to Earn Interest |
|
|
|
1.00% |
1.00% |
1 |
1 |
|
|
CHECKING PROGRAMS
|
| PERSONAL CHECKING(1,2,7) |
| Account Balance |
Interest Rate |
Annual Percentage Yield (APY)(3) |
Minimum to Open |
Minimum to Earn Interest |
|
|
|
0.00% |
0.00% |
None |
- |
|
|
PREFERRED CHECKING(1,2,7)
|
| Account Balance |
Interest Rate |
Annual Percentage Yield (APY)(3) |
Minimum to Open |
Minimum to Earn Interest |
|
|
| 0 - 999.99 |
0.00% |
0.00% |
1,000 |
1,000 |
|
|
| 1,000 - 4,999.99 |
0.25% |
0.25% |
- |
- |
|
|
| 5,000 - 24,999.99 |
0.50% |
0.50% |
- |
- |
|
|
| 25,000 - 49,999.99 |
0.75% |
0.75% |
- |
- |
|
|
| 50,000+ |
1.24% |
1.25% |
- |
- |
|
|
BUSINESS: PROFESSIONAL CHECKING (52-image)(1,7)
|
| Account Balance |
Interest Rate |
Annual Percentage Yield (APY)(3) |
Minimum to Open |
Minimum to Earn Interest |
|
|
|
1.00% |
1.00% |
100 |
1,000 |
|
|
BUSINESS: CORPORATE CHECKING (11)
|
| Account Balance |
Interest Rate |
Annual Percentage Yield (APY)(3) |
Minimum to Open |
Minimum to Earn Interest |
|
|
|
0.00% |
0.00% |
100 |
n/a |
|
|
I R A s (Individual Retirement Accounts)
|
| Any CDs' term/rates shown above may be applied to an IRA, except the 3 month term or any Special CDs |
| 18 Month Variable-rate IRA 2.23% interest rate yielding 2.25% Annual Percentage Rate (effective 4/1/08) (Variable rate-changes quarterly) |
(1) Variable rate; subject to change
|
| (2) Daily interest earned on collected balance for number of days balance falls within the various tiers at the corresponding rates |
| (3) Earned interest must be left in account to compound to earn APY. Any fees would reduce an account's APY. |
| (4) CD Penalties for early withdrawal: equal to the one-half the original term's interest (earned or unearned) |
| (5) Certificates earn a fixed interest rate; no additions can be made until maturity |
| (6) Compounds/credits quarterly; Monthly checks available on CDs except 3 month CD, which credits interest to account at maturity only |
| (7) Compounds/credits monthly |
| (8) All Certificates minimum balance to open = $500.00 |
| (9) Certificates automatically renew at the current rate paid on the particular term; a grace period of ten (10) days is granted |
| (10) No withdrawals permitted until mid October when checks are issued; simple interest earned |
| (11) Earnings credit earned to reduce monthly service fees |
| (12) At maturity, special 5 month CD rolls into and becomes a 6 month certificate at the rate then offered for a six month term |
| MEMBER FDIC |
|
