Savings Rates
Your Board of Directors has approved the schedule
below in determining your
4th Quarter dividends for 2008.
TIERED SAVINGS RATES
Effective October 20, 2008
Deposit |
Rate |
APY |
|---|---|---|
$50 to $5,000.00 |
1.25% |
1.26% |
$5,000.01 to $10,000.00 |
1.50% |
1.51% |
$10,000.01 & up |
1.75% |
1.76% |
(Example of how tiered rates work: if you have $8,000, your rate will be 1.50% on the first $5000 and 1.75% on the remaining $3,000)
SHARE CERTIFICATE RATES
Effective October 20, 2008
| Term | Rate | APY |
|---|---|---|
| 6 months | 2.50% | 2.53% |
| 12 months | 3.25% | 3.30% |
| 18 months | 2.75% | 2.79% |
| 24 months | 2.85% | 2.89% |
$500 Minimum. Subject to penalty for early withdrawal.