Certificates of Deposit
Rates Effective: October 8, 2008
| Account Type |
|
Minimum Deposit
to Open Account |
Minimum Balance
to Obtain APY* |
Annual Percentage
Yield (APY)** |
Interest Rate |
| Six Months |
Fixed |
$100.00 |
$100.00 |
3.25 % |
3.200 % |
| One Year |
Fixed |
$100.00 |
$100.00 |
3.75 % |
3.680 % |
| Thirteen Months |
Fixed |
$100.00 |
$100.00 |
3.75 % |
3.680 % |
| Eighteen Months |
Fixed |
$100.00 |
$100.00 |
4.00 % |
3.920 % |
| Two Year |
Fixed |
$100.00 |
$100.00 |
4.12 % |
4.040 % |
| Thirty Months |
Variable*** |
$100.00 |
$100.00 |
4.25 % |
4.160 % |
| Thirty-One Months |
Variable*** |
$100.00 |
$100.00 |
4.25 % |
4.160 % |
| Three Year |
Variable*** |
$100.00 |
$100.00 |
4.35 % |
4.260 % |
| Four Year |
Variable*** |
$100.00 |
$100.00 |
4.40 % |
4.310 % |
| Five Year |
Variable***
|
$100.00
|
$100.00
|
4.50 %
|
4.400 %
|
| Six Year |
Fixed
|
$100.00
|
$100.00
|
4.50 %
|
4.400 %
|
| 9 Month Neighborhood |
Fixed
|
$100.00
|
$100.00
|
3.50 %
|
3.440 %
|
| 15 Month Neighborhood |
Fixed
|
$100.00
|
$100.00
|
3.85 %
|
3.780 %
|
| 21 Month Neighborhood |
Fixed |
$100.00 |
$100.00 |
4.12 % |
4.040 % |
| Certificates of Deposit |
|
|
- Terms 6 months to 72 months
- One time interest rate upgrade per term on 30 months to 60 months
- Interest continuously compounded and credited monthly
- Interest checks and transfers available
- Penalty for early withdrawal
- Neighborhood CDs are available with a Good Neighbor NOW Account Plus $5000 Relationship or our Platinum (Senior) NOW Account
|
Earnings credited to this account may be withdrawn without penalty at any time during the term in which it is earned.
*Daily Balance, if your daily balance is at least this amount the quoted APY will be obtained. However other charges may apply as contained in the account disclosure for each type of account.
**This APYassumes that all interest remains on deposit until maturity. Any withdrawal of interest will reduce the earnings and APY on this account. These are the APYs currently offered and they may change at any time. For more information or for up to the minute annual percentage yields, please call us at 410.539.1313 (Main Office), 410.465.5445 (Ellicott City), or 410.628.7809 (Cockeysville).
*** These accounts are disclosed as variable rate because they have our Flexible Plan Feature, which allows the customer an option to bump the rate one time during each term to take advantage of rising interest rates.
|
