| Interest Rates for Certificates of Deposits and Interest Bearing Deposit Accounts for Businesses and for Consumers are listed and effective as of
03/3/2010.
Rates are subject to change without
notice. Certificates of Deposit Under
$100,000.00
Minimum Balance to open and obtain Annual
Percentage Yield is $5,000.
| Term |
Interest Rate |
Annual Percentage Yield |
| 30 Days |
(1 Mth) |
(a) |
.95%(c) |
.95% |
| 60 Days |
(2 Mths) |
(a) |
.95%(c) |
.95% |
| 90 Days |
(3 Mths) |
(a) |
1.09% (c) |
1.10% |
| 120 Days |
(4 Mths) |
(a) |
1.09%(c) |
1.10% |
| 150 Days |
(5 Mths) |
(a) |
1.09% (c) |
1.10% |
| 180 Days |
(6 Mths) |
(a) |
1.14% (c) |
1.15% |
| 210 Days |
(7 Mths) |
(a) |
1.14% (c) |
1.15% |
| 240 Days |
(8 Mths) |
(a) |
1.14% (c) |
1.15% |
| 270 Days |
(9 Mths) |
(a) |
1.39% (c) |
1.40% |
| 300 Days |
(10 Mths) |
(a) |
1.39% (c) |
1.40% |
| 330 Days |
(11 Mths) |
(a) |
1.39% (c) |
1.40% |
| 365 Days |
(12 Mths) |
(a) |
1.49% (c) |
1.50% |
| 2 Years |
(24 Mths) |
(a) |
1.98% (c) |
2.00% |
Certificates of Deposit $100,000.00 and
Over
Minimum Balance to open and obtain Annual
Percentage Yield is $100,000.
| Term |
Interest Rate |
Annual Percentage Yield |
| 30 Days |
(1 Mth) |
(a) |
.95% (c) |
.95% |
| 60 Days |
(2 Mths) |
(a) |
.95% (c) |
.95% |
| 90 Days |
(3 Mths) |
(a) |
1.09% (c) |
1.10% |
| 120 Days |
(4 Mths) |
(a) |
1.09% (c) |
1.10% |
| 150 Days |
(5 Mths) |
(a) |
1.09% (c) |
1.10% |
| 180 Days |
(6 Mths) |
(a) |
1.19% (c) |
1.20% |
| 210 Days |
(7 Mths) |
(a) |
1.19% (c) |
1.20% |
| 240 Days |
(8 Mths) |
(a) |
1.19% (c) |
1.20% |
| 270 Days |
(9 Mths) |
(a) |
1.39% (c) |
1.40% |
| 300 Days |
(10 Mths) |
(a) |
1.39% (c) |
1.40% |
| 330 Days |
(11 Mths) |
(a) |
1.39% (c) |
1.40% |
| 365 Days |
(12 Mths) |
(a) |
1.54% (c) |
1.55% |
| 2 Years |
(24 Mths) |
(a) |
1.98% (c) |
2.00% |
Individual Retirement Accounts
Minimum Balance to open and obtain Annual
Percentage Yield is $100.
| Term |
Interest Rate |
Annual Percentage Yield |
| Roth |
(a) |
1.49% (c) |
1.50% |
| IRA Education |
(a) |
0.35% (c) |
0.35% |
| IRA 365 Days |
(a) |
1.49% (c) |
1.50% |
| IRA 18 Months |
(a) |
1.49% (c) |
1.50% |
Interest calculated on the average daily collected balance and may
be paid or compounded monthly, quarterly, semi-annually, annually
or at maturity. If the term is greater than 1 year, interest must be paid at
least annually.
(a) A penalty will be imposed for early withdrawal.
(c) Daily Balance. The amount of the principal in the account each day.
Business Accounts
| Product
|
Interest Rate |
Annual Percentage Yield |
Business Now (b)
Average Daily Balances of:
$1,500.00 - $999,999.99
|
0.35% |
0.35% |
| Minimum Balance to open is $100. Minimum Balance to obtain
Annual Percentage Yield is $1,500. (d) |
Business Prime Money Market (b)
Average Daily Balances of: |
|
|
|
| $2,500. – 99,999.99 |
|
0.75% |
0.75% |
| $100,000. – 249,999.99 |
|
1.04% |
1.05% |
| $250,000. – 499,999.99 |
|
1.09% |
1.10% |
| $500,000. – 999,999.99 |
|
1.14% |
1.15% |
| $1,000,000. – and up |
|
1.19% |
1.20% |
| Minimum Balance to open and obtain Annual Percentage Yield is $2,500. (d) |
Business Classic Savings (b)
Average Daily Balances of: |
|
|
|
|
$500. – 9,999,999.99 |
|
0.35% |
.035% |
| Minimum Balance to open and obtain Annual Percentage Yield is $500. (d) (b) The interest rate and annual percentage yield may change after
account opening.
(c) Daily balance. The amount of the principal in the account each day.
(d) Average daily balance. Calculated by adding the principal in the
account for each day of the period and dividing the figure by the
number of days in the period.
Fees could reduce the earnings on the account. Refer to Fee Schedule.1
|
| Consumer Accounts |
| Product
|
Interest Rate |
Annual Percentage Yield |
| Classis Interest Checking (NOW) (b)
Average Daily Balances of: |
|
|
|
|
$1,500 – 999,999.9999 |
|
0.35% (c) |
0.35% |
| Minimum Balance to open and obtain Annual Percentage Yield
is $1,500. (d) |
Platinum Advantage Plus (b)
Average Daily Balances of: |
|
|
|
| $1,500 – 24,999.99 |
|
0.85% |
0.85% |
| $25,000 – 49,999.99 |
|
0.85% |
0.85% |
| $50,000 – 99,999.99 |
|
0.85% |
0.85% |
| $100,000– 249,999.99 |
|
0.85% |
0.85% |
| $250,000 and up |
|
0.85% |
0.85% |
| Minimum Balance to obtain Annual Percentage Yield is $1,500. (d) |
Platinum Advantage – Regular (b)
Average Daily Balances of: |
|
|
|
|
$2,500.00 – 9,999,999.00 |
|
0.35% |
0.35% |
| Minimum Balance to obtain Annual Percentage Yield is $2,500. (d) |
Prime Money Market (Personal Money Market) (b)
Average Daily Balances of: |
|
|
|
| $2,500.00 – 24,999.99 |
|
0.55% |
0.55% |
| $25,000.00 – 49,999.99 |
|
0.75% |
0.75% |
| $50,000.00 – 99,999.99 |
|
0.80% |
0.80% |
| $100,000.00 – 499,999.99 |
|
1.04% |
1.05% |
| $500,000.00 – and up |
|
1.14% |
1.15% |
| Minimum Balance to open and obtain Annual Percentage Yield is $2,500. (d) |
Classic Savings (Personal Regular Savings) (b)
Average Daily Balances of: |
|
|
|
|
$500 – 9,999,999.00 |
|
0.35% |
0.35% |
| Minimum Balance to open is $100 and minimum to obtain Annual Percentage Yield is $500. |
(b) The interest rate and annual percentage yield may change after
account opening.
(d) Average daily balance. 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.
Fees could reduce the earnings on the account. Refer to Fee Schedule.
|
