Rates & Fees
The following rates are effective
March 7th, 2014.
Time Certificate of Deposits (CD's) and IRA's
|Account Type||Interest Rate||Annual Percentage Yield|
|3 Month CD||0.10%||0.10%|
|6 Month CD||0.25%||0.25%|
|12 Month CD||0.37%||0.37%|
|12 Month Accumulator CD||0.37%||0.37%|
|18 Month CD||0.40%||0.40%|
|24 Month CD||0.45%||0.45%|
|30 Month CD||0.60%||0.60%|
|36 Month CD||0.65%||0.65%|
|48 Month CD||1.10%||1.10%|
|12 Month Accumulator IRA||0.52%||0.52%|
|18 Month IRA||0.55%||0.55%|
|24 Month IRA CD||0.60%||0.60%|
|30 Month IRA CD||0.75%||0.75%|
|36 Month IRA CD||0.80%||0.80%|
A SUBSTANTIAL PENALTY IS IMPOSED ON EARLY WITHDRAWALS.
Interest Rates on NOW account and Money Market Checking Accounts
|Account||Interest Rate||Account Value||Annual Percentage Yield|
|NOW Checking||0.08%||Any Value||0.08%|
|Money Market Checking||0.00%||($0 to $999.99)||0.00%|
|0.15%||($1,000 to $19,999.99)||0.15%|
|0.20%||($20,000 to 49,999.99)||0.20%|
|0.20%||($50,000 to $99,999.99)||0.20%|
|0.25%||($100,000 and above)||0.25%|
THE ABOVE REFERENCED ANNUAL PERCENTAGE YIELD ASSUMES MONTHLY COMPOUNDING OF INTEREST AND A MONTHLY CREDITING FREQUENCY.
FEES MAY AFFECT EARNINGS ON THE ACCOUNT.
Savings Account Information
|Account||Interest Rate||Annual Percentage Yield|
THE ANNUAL PERCENTAGE YIELD ON SAVINGS ASSUMES QUARTERLY COMPOUNDING OF INTEREST AND A QUARTERLY CREDITING FREQUENCY.
ADDITIONAL FEES RELATED TO VARIOUS BANKING ACTIVITIES
The following fees may be assessed against your account and the following transaction limitations, if any, apply to your account.
|Check Printing||fee depends on style of check ordered|
|Overdraft (each debit or check paid)||$24.00|
|Non-sufficient funds (NSF) item (each)||$24.00|
|Account Research||$25.00 per hour|
|Account balancing assistance||$25.00 per hour|
|Return item charge||$5.00 each|
|Telephone transfer from savings to checking (less than $50.00)||$2.00|
|Telephone transfer from savings to savings (less than $50.00)||$2.00|
|Telephone transfer from savings to loan (less than $50.00)||$2.00|
|Telephone transfer from checking to savings (less than $50.00)||$2.00|
|Telephone transfer from checking to checking (less than $50.00)||$2.00|
|Telephone payment from checking to loan (less than $50.00)||$2.00|
|Stop payments good for six months - all items||$24.00|
|Photocopies||$0.25 per item|
|Verification of deposit and credit ratings||$5.00|
|Non-customer check cashing (per check)||the greater of $35.00 or 2% of check|
|Travelers Checks (non-customer)||$2.00 per $100|
|Collections - Incoming (Payee bank processing fees may also apply)||$20.00|
|Collections - Outgoing (Payee bank processing fees may also apply)||$20.00|
|Fax - Outgoing||$5.00 first page|
|(additional pages)||$1 per page|
An account is dormant if for one year you have made no deposits or withdrawals to the account and you have had no communication with us about your account(s).
Dormant account fee for DDA with balance less than $100.00
This fee is charged each month.
Dormant account fee for Savings account with balance less than $50.00
This fee is charged each quarter.
|Accounts closed in first 90 days||$35.00|
|Safe Deposit Box Drilling||$200.00|
|Safe Deposit Key Replacement||$15.00 each|
|We may require not less than 7 days notice in writing before each withdrawal from an interest bearing account other than a time deposit, or from any other savings account as defined by Regulation D. Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawals.|
|Check Copy Mailed or Faxed||$5.00|
|Check copy mailed to Merchant||$7.00|
|Overnight Carrier Delivery Charge per item||$15.00|
|Special/Custom Report charge||$25.00|
|Research fee for items over 8 months old||$25.00|