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Deposit Rates
 

Rates accurate as of 06/26/09

Deposit Account***

Deposit Type APY* Dividend Rate
Savings 0.50% 0.50%
Escrow 0.50% 0.50%
Savings IRA 0.50% 0.50%
Club 0.50% 0.50%
Checking 0.75% 0.75%


Money Market***

Minimum Balance APY* Dividend Rate
$2,500-$24,999.99 0.80% 0.80%
$25,000-$99,999.99 0.90% 0.90%
$100,000-$349,999.99 1.10% 1.09%
$350,000 and more 1.20% 1.19%


Certificate of Deposit**,***

Deposit Type APY* Dividend Rate
3 mo. 0.85% 0.850%
6 mo. 1.05% 1.045%
12 mo. 1.30% 1.290%
18 mo. 1.55% 1.540%
24 mo. 2.00% 1.980%
30 mo. 2.05% 2.030%
36 mo. 2.20% 2.180%
48 mo. 2.55% 2.520%
60 mo. 2.80% 2.760%


Jumbo Certificates of Deposit - $100,000 minimum deposit required.  Jumbo CDs earn a 0.25% APY above standard CD APY.

Dividend Rate - An annualized rate of interest paid the same on all similar type accounts.

APY (Annual Percentage Yield) - Expressed as a percentage; reflects the total amount of interest that would be received on a deposit, based on the dividend rate and the frequency of compounding for a 365-day period.

APYE (Annual Percentage Yield Earned) - Expressed as a percentage; reflects the relationship between the dollar amount of dividends actually earned on the account and the actual average daily balance for that period.

 
 

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