|
|
 |
Money Market and Certificate Rates
|
|
Money
Market
|
  |
Annual
Percentage Yield
|
$2,000 minimum balance
|
| $100,000
and over |
1.50% |
| $50,000.00
to $99,999.99 |
1.00% |
| $25,000.00
to $49,999.99 |
0.75% |
| $2,000.00
to $24,999.99 |
0.50% |
Share
Certificates
|
|
|
Annual
Percentage Yield |
| $500
minimum balance |
|
6
month maturity |
1.50% |
| 12
month maturity |
1.75% |
| 24
month maturity |
2.25% |
| 36
month maturity |
2.50% |
| 48
month maturity |
3.65% |
| 60
month maturity |
3.75% |
Variable
Rate Share Certificates
|
|
|
Annual
Percentage Yield
|
|
$500
minimum balance |
| 24
month maturity (Index**
+1.00%) |
2.00% |
|
|
Rates
effective 07/01/09.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 the daily
average balance. A penalty may be imposed for
early withdrawal on certificates. 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 June 30, 2009
the rate is 0.195%.
The minimum floor for variable rate certificates
is 2.00% APY.
|
| |
|
|
|
