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IRA Rates

Traditional, Roth and Education IRA Certificates

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Annual Percentage Yield

$500 minimum balance
12 month maturity  2.50%
24 month maturity (Traditional & Roth only) 2.60%
36 month maturity (Traditional & Roth only) 2.70%
48 month maturity (Traditional & Roth only) 2.75%
60 month maturity (Traditional & Roth only) 3.00%

Variable Rate IRA Certificates

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Annual Percentage Yield

$500 minimum balance

Variable Rate Traditional and Roth  IRA (Index** +1.00%)

2.42%

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*The Annual Percentage Yield is the rate that is earned if the funds are left to compound for ONE Year. All dividends are paid monthly based on a daily average balance. A penalty may be imposed for early withdrawal.  Rates effective 05/01/08. Dividend Rates are reviewed periodically and are subject to change without notice.  

** The "index" is the 13-Week Treasury Bill rate posted in the "Money Rates" in the Wall Street Journal on the last business day of the month. As of April 30, 2008 the rate is 1.420%.

 


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