Rates Effective
04/18/2006
|
|
Minimum Opening Deposit +
|
Minimum Balance To Obtain
APY*
|
Interest Rate**
|
Annual Percentage Yield***
|
| Advantage Money Market |
$100.00
|
$0.01
|
4.60%
|
4.70%
|
| Regular Money Market |
$100.00
|
$0.01
|
1.39%
|
1.40%
|
| Statement / Passbook Savings |
$100.00
|
$0.01
|
1.00%
|
1.00%
|
| Interest Checking (Personal/Business) |
$100.00
|
$0.01
|
0.50%
|
0.50%
|
| Escrow/Earnest Money Account |
$0.00
|
$0.01
|
0.50%
|
0.50%
|
CERTIFICATES OF DEPOSIT
|
|
Regular Certificates
Minimum Balance to Open
$1,000.00
|
Jumbo Certificates
Minimum Balance to Open
$100,000.00
|
|
TERMS
|
BALANCES FROM
$1,000.00 - $99,999.99
|
BALANCES FROM
$100,000.00 and over
|
|
|
Interest
Rates
|
Annual
Percentage Yield***
|
Interest
Rates
|
Annual
Percentage Yield***
|
|
36 MONTHS
|
4.09%
|
4.15%
|
|
|
|
24 MONTHS
|
4.09%
|
4.15%
|
|
|
|
12 MONTHS
|
3.89%
|
3.95%
|
3.95%
|
3.95%
|
11 MONTHS^ |
3.94% |
3.95% |
3.94% |
3.95% |
|
7 MONTHS^
|
4.75%
|
4.75%
|
4.75%
|
4.75%
|
|
6 MONTHS
|
3.72%
|
3.75%
|
3.72%
|
3.75%
|
|
3 MONTHS
|
1.84%
|
1.85%
|
1.84%
|
1.85%
|
|
2 MONTHS
|
1.44%
|
1.45%
|
1.44%
|
1.45%
|
|
1 MONTHS
|
1.44%
|
1.45%
|
1.44%
|
1.45%
|
 |
13 Month Special++ |
|
5.00%
|
5.00%
|
|
|
 |
7 Month Special^ |
|
4.75%
|
4.75%
|
|
|
| |
18 Month Special^^ |
|
5.15%
|
5.25%
|
|
|
Earnings Credit on Business Accounts is currently
4.51%
Call our 24 hour Bank by
Phone at 866-727-5628 for current Interest rates
Important
Note: This document is to be used in conjunction
with other disclosure information about your accounts.
Annual Percentage Yield (APY) is a percentage rate
reflecting the total amount of interest paid on
an account, based on the Interest rate and the frequency
of compounding for a 365 day period. Additional
Certificate of Deposit terms, corresponding APY's
and interest rates are available upon request.
+The stated "Minimum to Open" an account
may not meet the minimum balance to waive monthly
service charges
*The minimum balance to obtain the APY is determined
using the daily balance method. That is,in order to
earn the stated rate, the balance amount indicated
must be maintained each day during the Interest payment
period. **All accounts listed except Certificates
are variable rate accounts. As such, the Interest
rate may change at any time. Fees could reduce the
earnings on these accounts.
***The APY assumes that interest will remain on deposit
until maturity. If interest is withdrawn prior to
maturity, earnings will be reduced.
For regular Certificates with maturities of less
than 1 year, interest is compounded at maturity
and paid at maturity.
For regular Certificates with maturities of 1 year
or longer, interest is compounded quarterly and paid
quarterly and at maturity.
For all Jumbo Certificates with terms of 12 months
or less, interest is compounded at maturity and paid
at maturity.
For all Jumbo Certificates with terms of more than
12 months, interest is compounded annually and paid
annually at maturity
For all Certificates, a substantial penalty will be
applied if funds are withdrawn prior to maturity.
^CD will renew at
the regular 12-month term and 12-month interest rate and APY. Substantial penalty for early withdrawal
of funds. Interest is compounded and paid at maturity. All other certificate terms and
conditions apply. Offer applies to new money only.
++CD will renew at
the regular 12-month term and 12-month interest rate and APY. Substantial penalty for early withdrawal
of funds. Interest is compounded and paid annually and at maturity. All other certificate terms and
conditions apply. Offer applies to new money only.
For information on business checking accounts and rates on merchant account credit card services, click here.
^^ New money only. CD will renew at the 12-month term and the correlating 12-month interest rate
and APY. $1,000 minimum deposit to open and earn APY. Interest is compounded and paid quarterly and
at maturity. All other certificate terms and conditions apply. This offer is subject to change without
notice.