IRA Rates
We keep our rates posted online as a convenience to our
customers when making financial decisions. Feel free to use our financial calculators to help you weigh your options, and
you can apply online for accounts
and credit. Realize rates are subject to change, so when in doubt, please contact us.
| Checking Rates | Savings Rates | Money Market & Health Savings Account Rates |
| Investor Account Rates |
IRA Rates | CD Rates |
Rates and Annual Percentage Yields (APY) are accurate as of 11/7/2012.
|
ACCOUNT TERM
|
12 MONTH
|
24 MONTH
|
36 MONTH
|
IRA SAVINGS
|
|
Minimum Balance to Obtain APY
|
|
|
|
|
|
Annual Percentage Yield
|
$1,000.00 |
.41 |
.72 |
.61 |
.32 |
| $100,000.00 |
.46 |
.72 |
.69 |
|
Current Interest Rate
|
$1,000.00 |
.41 |
.72 |
.61 |
.32 |
|
$100,000.00 |
.46 |
.72 |
.69 |
|
Fixed or Variable Interest Rate
|
Fixed
|
Fixed
|
Fixed
|
Variable
|
|
Frequency:
|
|
Interest Compounding
|
Annual
|
Annual
|
Annual
|
Quarterly
|
|
Interest Crediting
|
Annual
|
Annual
|
Annual
|
Quarterly
|
|
Statement Cycles
|
Annual
|
Annual
|
Annual
|
Quarterly
|
|
Interest Rate Changes
|
Weekly
|
Weekly
|
Weekly
|
Weekly
|
|
Early Withdrawal Penalty
|
3 Month
|
9 Month
|
18 Month
|
NONE
|
|
Minimum Deposit to Open Account
|
$1,000
|
$1,000
|
$1,000
|
$100
|
|
Monthly Fall Below Fee if balance falls below $200.00
daily minimum balance.
|
NONE
|
NONE
|
NONE
|
$2.00
|
|
Debit Item Fee, for each debit in excess of six(6) during each calendar month.
|
NONE
|
NONE
|
NONE
|
$5.00
|
|
|
Fees may reduce earnings. Closing fee of $50. A $50 transfer request applies to
transfers/withdrawals resulting in a remaining balance below $1,000, excluding RMDs.
These accounts are insured by the FDIC for up to $250,000 per depositor. Early withdrawal penalties
apply (A penalty will be imposed for withdrawals before maturity). The interest
rate we will use to calculate this early withdrawal penalty will be the interest
rate in effect at the time of the withdrawal. In certain circumstances, such as
death or incompetence of an account owner, the law permits, or in some cases requires,
the waiver of the early withdrawal penalty. Please contact us with any questions.
|
