Fraternity Federal - Savings Accounts
Fraternity Federal
 
 
Savings Accounts

Rates Effective: July 28, 2010
 
Account Type   Minimum Deposit
to Open Account
Minimum Balance
to Obtain APY
Annual Percentage
Yield (APY)
Interest Rate
 Statement Savings Variable $50.00  $50.00  0.20 % 0.200 %
 Money Market Variable $2,500.00  $10.00  0.25 % 0.250 %
     
 Advantage Savings Variable $25,000.00 $25,000.00  0.75% 0.750%
$50,000.00  1.00% 1.000%

Statement Savings Money Market Savings
  • Minimum balance to avoid service charge $50 
  • A service charge of $3.00 will only be assessed if minimum balance falls below $50.
  • Interest continuously compounded and credited monthly
  • Monthly statements
  • Variable rate

 

 

  • Minimum balance to avoid service charge $2500
  • A service charge of $10.00 will only be assessed if the minimum balance falls below $2500.
  • Interest continuously compounded and credited monthly
  • Variable Rate may change after account is opened 

 

   
Advantage Savings
  • Minimum balance to earn interest is $25,000.
  • Minimum balance to avoid service charge $25,000.
  • A service charge of$10.00 will only be assessed if the minimum balance falls below $25,000
  • Interest continuously compounded and credited monthly
  • One withdrawal per month permitted. Each additional withdrawal within the month incurs a $25 service fee.
  • Monthly statements
  • Variable Rate 

 

 

Click to calculate savings

Average 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.

Your Interest Rate and APY may change after Opening.

Fees may reduce earnings.

FOR MORE INFORMATION PLEASE SEE ONE OF OUR NEW ACCOUNT REPRESENTATIVES AT ANY OF OUR 4 LOCATIONS!!!