Individual Retirement Accounts
Rates Effective: July 28, 2010
| Account Type |
|
Minimum Deposit
to Open Account |
Minimum Balance
to Obtain APY |
Annual Percentage
Yield (APY) |
Interest Rate |
| IRA Statement Savings |
Variable |
$50.00 |
$50.00 |
0.20 % |
0.200 % |
| IRA Certificates of Deposit |
|
|
|
|
| One Year |
Fixed |
$100.00 |
$100.00 |
0.87% |
0.870% |
| Thirteen Month |
Fixed |
$100.00 |
$100.00 |
0.87 % |
0.870% |
| Eighteen Month |
Fixed |
$100.00 |
$100.00 |
1.00% |
1.000% |
| Eighteen Month |
Variable |
$100.00 |
$100.00 |
0.41% |
0.400% |
| Two Year |
Fixed |
$100.00 |
$100.00 |
1.13% |
1.125% |
| Thirty Month |
Variable |
$100.00 |
$100.00 |
1.25% |
1.240% |
| Three Year |
Variable |
$100.00 |
$100.00 |
2.25% |
2.230% |
| Four Year |
Variable |
$100.00 |
$100.00 |
2.38% |
2.350% |
| Five Year |
Variable |
$100.00 |
$100.00 |
2.50% |
2.470% |
| Six Year |
Fixed |
$100.00 |
$100.00 |
2.75% |
2.710% |
| Individual Retirement Accounts |
|
|
- Terms 12 months to 72 months
- One-time interest rate upgrade per term on 30 months to 60 months
- Variable statement savings and 18 month certificate of deposit available
- Interest continuously compounded and credited monthly
- Interest checks and transfers available
- Statements mailed 3 times a year
- Distribution checks - monthly, quarterly, semi-annually or annually
- Penalty for early withdrawals
- Early distribution penalties may apply
|
The Annual Percentage Yields (APYs) are subject to change at any time without notice.
Variable Rates: The interest rate may change after the account is opened. Any Variable CD product is a flexible plan which allows the customer an option to bump the rate one time during each term.
Fees may reduce earnings.
A penalty may be imposed for early withdrawals.
Refer to account disclosures and fee schedule for additional account requirements.
FOR MORE INFORMATION PLEASE SEE ONE OF OUR NEW ACCOUNT REPRESENTATIVES AT ANY OF OUR 4 LOCATIONS!!!
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