 |
Savings Accounts
Rates Effective: October 8, 2008
| 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 |
0.50 % |
0.500 % |
| Money Market |
Variable |
$2,500.00 |
$10.00 |
1.00 % |
1.000 % |
| |
|
|
|
|
|
| Advantage Savings |
Variable |
$25,000.00 |
$25,000.00 |
2.50 % |
2.470 % |
| $50,000.00 |
2.75 % |
2.715 % |
| Statement Savings |
Money Market Savings |
- Minimum balance to avoid service charge $50
- Interest continuously compounded and credited monthly
- Monthly statements
- Variable rate
|
- Minimum balance to avoid service charge $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.
- 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
*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.
**These are the APYs currently offered and they may change at any time. Fees could reduce earnings. 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).
|
|
