Rates for Certificates of Deposit and
Interest Bearing Accounts

Disclosed Annual Percentage Yield accurate as of July 1, 2008

Certificates of Deposit Under $100,000
Minimum to open: $1,000

Term Compounding
Frequency
APY* Interest Rate
30 days none 0.75% 0.75%
90 days At maturity 1.26% 1.25%
180 days Quarterly 1.96% 1.95%
270 days Quarterly 1.96% 1.95%
365 days Quarterly 2.52% 2.50%
18 months Quarterly 2.57% 2.55%
2 years Quarterly 2.57% 2.55%
3 years Quarterly 2.57% 2.55%
4 years Quarterly 2.57% 2.55%
5 years Quarterly 2.57% 2.55%

 

Certificates of Deposit $100,000 and Over
Minimum to open: $100,000

Number of Days Compounding
Frequency
APY* Interest Rate
7-29 None 0.75% 0.75%
30-59 None 1.00% 1.00%
60-89 None 1.00% 1.00%
90-119 Quarterly 1.51% 1.50%
120-149 Quarterly 1.51% 1.50%
150-179 Quarterly 1.51% 1.50%
180-209 Quarterly 2.27% 2.25%
210-269 Quarterly 2.27% 2.25%
270-364 Quarterly 2.27% 2.25%
365 Quarterly 2.78% 2.75%

 

Interest Bearing Deposit Accounts
 

Compounding
Frequency
APY* Interest Rate
NOW Account (minimum to open is $100.00)
Under $1,499.99 No interest earned .00% .00%
$1,500+ Monthly .50% .50%

Business Checking with Interest (minimum to open is $500.00)

Under $2,499.99 No interest earned .00% .00%
$2500.00 + Monthly .50% .50%
Money Market Accounts (minimum to open is $100.00)
Under $2,500 No interest earned .00% .00%
$2,500-$49,999.99 Monthly 0.86% 0.85%
$50,000-$89,999.99 Monthly 1.06% 1.05%
$90,000- + Monthly 1.21% 1.20%
       
Prime Star Account (minimum to open is $100.00)
$.01-$49,999.99 Monthly 1.02% 1.00%
$50,000-$99,999.99 Monthly 1.253% 1.25%
$100,000-$249,999.99 Monthly 2.53% 2.50%
$250,000+ Monthly 2.784% 2.75%
Savings (minimum to open is $50.00)
$0-$9,999.99 Quarterly .50% .50%
$10,000-$24,999.99 Quarterly
.70%
.70%
 
$25,000-$49,999.99 Quarterly
0.81%
0.80%
 
$50,000+ Quarterly
1.06%
1.05%
Advantage Checking (minimum to open is $100)
$0.00 - $1,499.99 No interest earned .00% .00%
$1500.00+ Monthly .40% .40%
 
Holiday Savings (minimum to open is $20.00)

$20.00+

Simple

1.77%

1.75%

       
Account Analysis Earnings Credit Rate 1.89%
Federal Funds Rate     2.10%
Discount Rate     2.25%
Prime Rate     5.00%
Penalties for early withdrawal. Interest rates are subject to change without notice. APY* disclosed assumes interest remains on deposit until maturity. Interest rates may change after the account is opened.  Fees could reduce earnings.

*Annual Percentage Yield