Variable Rate Deposit Accounts
changes effective April 3, 2008
|
|
Account Type
|
Minimum Opening Deposit
|
Interest Rate
|
APY***
|
|
Savings
|
$100.00 ($25 for students 18 years old or younger)
|
.50%
|
.50%
|
|
Bartow Best Checking Account
|
$100.00
|
0.25%
|
0.25%
|
|
Fifty Something Checking Account
|
$100.00
|
0.25%
|
0.25%
|
|
Prestige Money Market Account
|
$100.00 (interest rate tiers listed below)<$1,000
|
0.20%
|
0.20%
|
|
|
$1,000-$9,999.99
|
.75%
|
.75%
|
|
|
$10,000-$24,999.99
|
1.74%
|
1.75%
|
|
|
$25,000-$49,999.99
|
1.98%
|
2.00%
|
|
|
$50,000 +
|
2.07%
|
2.10%
|
|
Platinum Money Market Account
|
$100.00 (interest rate tiers listed below)
|
|
|
|
|
<$100,000.00
|
0.20%
|
0.20%
|
|
|
$100,000.00-$499,999.
|
2.27%
|
2.30%
|
|
|
$500,000 +
|
2.47%
|
2.50%
|
|
Christmas Club
|
$0
|
.50%
|
.50%
|
***APY= Annual Percentage Yield assumed if funds on deposit for one year.
Rates subject to change without notice
|
CD: Certificate of Deposit
Changes effective January 31, 2008
|
|
Maturity
|
Minimum Opening Deposit
|
Interest Rate
|
APY***
|
|
1-3 Months *
|
$1,000.00
|
2.72%
|
2.75%
|
|
6 Months*
|
$1,000.00
|
3.72%
|
3.75%
|
|
1 Year*
|
$1,000.00
|
2.97%
|
3.00%
|
|
2 Years*
|
$1,000.00
|
2.97%
|
3.00%
|
|
3 Years
|
$1,000.00
|
2.97%
|
3.00%
|
|
4 Years
|
$1,000.00
|
2.97%
|
3.00%
|
|
5 Years
|
$1,000.00
|
2.97%
|
3.00%
|
* PENALTY FOR EARLY WITHDRAWAL
* Minor CD minimum deposit $500.00
Rates subject to change without notice.
***APY= Annual Percentage Yield assumed if funds on deposit for one year.
|
|
Certificate of Deposit
|
|
Maturity
|
Minimum Opening Deposit
|
Interest Rate
|
APY***
|
* PENALTY FOR EARLY WITHDRAWAL
* Minor CD minimum deposit $500.00
Rates subject to change without notice.
***APY = Annual Percentage Yield assumed if funds on deposit for one year.
|
IRA: Individual Retirement Account
Changes effective January 31, 2008
|
|
Maturity
|
Minimum Opening Deposit
|
Interest Rate
|
APY***
|
|
1 Year Fixed *
|
$500.00
|
2.97%
|
3.00%
|
|
2 Year Fixed *
|
$500.00
|
2.97%
|
3.00%
|
|
3 Year Fixed *
|
$500.00
|
2.97%
|
3.00%
|
|
4 Year Fixed *
|
$500.00
|
2.97%
|
3.00%
|
|
5 Year Fixed *
|
$500.00
|
2.97%
|
3.00%
|
|
Money Market IRA
|
$100.00
|
0.25%
|
0.25%
|
|
6 Mths Fixed*
|
$500.00
|
3.72%
|
3.75%
|
* PENALTY FOR EARLY WITHDRAWAL
Rates subject to change without notice.
***APY = Annual Percentage Yield assumed if funds on deposit for one year.
|
|
IRA: Individual Retirement Account
|
|
Maturity
|
Minimum Opening Deposit
|
Interest Rate
|
APY***
|
* PENALTY FOR EARLY WITHDRAWAL
Rates subject to change without notice.
***APY = Annual Percentage Yield assumed if funds on deposit for one year.
|
|
 |