Effective 5/1/2013
What is the insurance limit?
Deposits in checking accounts, savings accounts, money market savings accounts and Certificates of Deposit (CDs) are insured up to $250,000 per depositor under the FDIC's general deposit insurance rules. Deposits in bank individual retirement accounts (IRAs) are separately insured up to $250,000 per owner.
For more information about FDIC insurance coverage, visit www.fdic.gov. To learn more, contact the FDIC toll-free at 1.877.ASK.FDIC (1.877.275.3342) or visit www.fdic.gov.
Serving the Needs of the Community
Since 1873
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Certificates of Deposit
($1,000 minimum)
(Penalty may be imposed for early withdrawal)
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Term
|
Interest Rate
|
Annual
Percentage
Yield
|
|
4 - 6 months
|
0.25%
|
0.25%
|
|
7 - 12 months
|
0.40%
|
0.40%
|
|
13 - 24 months
|
0.45%
|
0.45%
|
|
25 - 42 months
|
0.80%
|
0.80%
|
|
36 month
(bump-up)
|
0.75%
|
0.75%
|
|
43 - 59 months
|
1.00%
|
1.00%
|
|
60 months
|
1.24%
|
1.25%
|
Dividends Compounded Daily, credited monthly
Substantial penalty for early withdrawal
*Annual Percentage Yield assumes funds remain on deposit for one year or the term of the certificate if greater
|
|
|
Interest Rate
|
Annual
Percentage
Yield
|
|
Statement Savings
|
0.10%
|
0.10%
|
|
($50.00 Minimum)
|
|
|
| Now Checking |
0.05%
|
0.05%
|
| Business Checking |
0.10%
|
0.10%
|
| IRA Statement |
0.35%
|
0.35%
|
| Money Market |
|
|
| ($2,500 Minimum) |
0.15%
|
0.15%
|
| ($10,000 Minimum) |
0.20%
|
0.20%
|
| ($25,000 Minimum) |
0.25%
|
0.25%
|
| ($50,000 Minimum) |
0.35% |
0.35% |
1. Fees or other conditions could reduce
the earnings. (See separate disclosure for
full details of minimum deposit requirements,
fees and applicable charges.
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