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Rates
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Interest Rates effective as of December 31, 2008
Certificate Rates
|
| Certificate of Deposit |
Rate |
Annual Percentage Yield |
| One Month |
0.30% |
0.30% |
| Three Months |
1.20% |
1.21% |
| Six Months |
1.30% |
1.31% |
| Twelve Months |
1.50% |
1.51% |
| Eighteen Months |
1.60% |
1.61% |
| Twenty-Four Months |
1.75% |
1.76% |
| Thirty Six Months |
2.10% |
2.12% |
| Forty-Eight Months |
2.50% |
2.53% |
| Sixty Months |
2.75% |
2.78% |
Individual Retirement Account Rates
|
| |
Rate |
Annual Percentage |
| Twelve Months |
1.50% |
1.51% |
| Twenty-Four Months |
1.75% |
1.76% |
| Thirty-Six Months |
2.10% |
2.12% |
| Forty-Eight Months |
2.50% |
2.53% |
| Sixty Months |
2.75% |
2.78% |
| Variable Rate IRA |
0.73% |
0.73% |
| A penalty may be imposed for early withdrawal. |
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| APY assumes interest remains on deposit until maturity. |
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| Rates are current as of above date and are subject to change. |
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| Minimum required to open a Certificate of Deposit is $1,000.00. |
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| Miniumum required to open an Individual Retirement Account is $500.00. |
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| Early withdrawal penalty may affect your APY. |
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Deposit Rates
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| Deposit Accounts |
Rate |
Annual Percentage Yield |
| NOW (Money Market) Checking* |
0.25% |
0.25% |
| Money Market Savings (tiered)** |
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| $0.01-$2,499.99 |
0.25% |
0.25% |
| $2,500.00-$24,999.99 |
0.25% |
0.25% |
| $25,000.00-$49,999.99 |
0.35% |
0.35% |
| $50,000.00-$74,999.99 |
0.45% |
0.45% |
| $75,000.00-$99,999.99 |
0.48% |
0.48% |
| $100,000.00 & Over |
0.51% |
0.51% |
| Passbook Savings*** |
0.30% |
0.30% |
| Christmas/Vacation Club |
0.25% |
0.25% |
| The interest rate and annual percentage yield may change after account opening. |
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| Average daily balance. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. |
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| Fees could reduce the earnings on the account. |
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| For current rate information call (620) 251-5500. |
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| *Balance required to open-$1,000.00 |
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| **Balance required to open- $2,500.00. |
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| ***Balance required to open-$100.00. |
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