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| Account |
(annualized) Interest Rate |
Annual Percentage Yield (APY)1 |
Minimum Balance to Open |
Minimum Balance or Range to
Earn APY |
| 3 month CD |
0.25% |
0.25% |
$500 |
$500 |
| 6 month CD |
0.40% |
0.40% |
$500 |
$500 |
| 12-17 month CD |
0.75% |
0.75% |
$500 |
$500 |
| 18-23 month CD |
0.90% |
0.90% |
$500 |
$500 |
| 2 Year Step-Up CD2 |
0.90% |
0.90% |
$500 |
$500 |
| 3 Year Double Play CD3 |
1.39% |
1.40% |
$2,000 |
$2,000 |
| 36-47 month CD |
1.49% |
1.50% |
$500 |
$500 |
| 48 month CD |
1.74% |
1.75% |
$500 |
$500 |
| 60 month CD |
1.98% |
2.00% |
$500 |
$500 |
| Eagle T- Account*4 (Tier) |
|
|
$1,000 |
$10.00 |
1 |
0.15% |
0.50%-0.24% |
|
$25,000.00 or more |
2 |
0.50% |
0.50%-0.50% |
|
$15,000.00 to $24,999.99 |
3 |
0.50% |
0.50%-0.50% |
|
$5,000.00 to $14,999.99 |
4 |
0.50% |
0.50% |
|
$10.00 to $4,999.99 |
*Signature Banking required. This account earns variable interest, which means the rate may change after the account is opened.
We may change the interest rate on Tier 2, Tier 3 and Tier 4 at any time. The interest rate for Tier 1 is equal to the 13-week Treasury Bill. The maximum APY is based on a balance of $100,000.00 |
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1APY is accurate as of
9/2/10. Rates subject to change without notice. A penalty
may be imposed for early withdrawal. Other terms and rates
available.
2With the current step-up
feature, customers have the option to change the rate on their account
on one occasion during the original term of the certificate of
deposit. If you decide to exercise this option, the rate will change
to the current rate. The current rate is defined as the rate being
offered by the bank (at the time you exercise your option) on the
CDs with the same term as the orignal term of your account. If you
renew your account, you may retain the "step-up" option for the renewed account at the term identified above, only if the "step-up" feature
is being offered on that particular term account at the time of
renewal. Minimum deposit
to open the CD and obtain the APY is $500.
3With the current double-play step-up
feature, customers have the option to change the rate on their account
on two occasions during the original term of the certificate of
deposit. If you decide to exercise this option, the rate will change
to the current rate. The current rate is defined as the rate being
offered by the bank (at the time you exercise your option) on the
CDs with the same term as the orignal term of your account. If you
renew your account, you may retain the "step-up" option for the renewed account at the term identified above, only if the "step-up" feature
is being offered on that particular term account at the time of
renewal. Minimum deposit
to open the CD and obtain the APY is $2,000.
4Tier 1 - An interest rate of 0.15% will be paid only for that portion of your daily balance that is equal to or greater than $25,000. The annual percentage yield for this tier will range from 0.50% to 0.24% depending on the balance in the account.
Tier 2 - An interest rate of 0.50% will be paid only for that portion of your daily balance that is greater than $14,999.99, but less that $25,000. The annual percentage yield for this tier will range from 0.50% to 0.50%, depending on the balance in the account.
Tier 3 - An interest rate of 0.50% will be paid only for that portion of your daily balance that is greater than $4,999.99, but less than $15,000. The annual percentage yield for this tier will range from 0.50% to 0.50% depending on the balance in the account.
Tier 4 - An interest rate of 0.50% will be paid only for that portion of your daily balance that is greater than $9.99, but less that $5,000. The annual percentage yield for this tier will range from 0.50%. |
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