DEPOSIT ACCOUNT RATES
As of October 1, 2012
Certificates of Deposit
CD Special
|
Term
|
Simple Interest Rate
|
Annual Percentage Yield
|
|
24 Month Step-Up CD1
|
0.55%
|
0.55%
|
|
Consumer accounts only. $1,000 minimum deposit.
Interest must be compounded on the Step-Up CD.
Customer may elect to change the rate on this account only once during the term.
|
| |
Monthly Term
|
Simple Interest Rate
|
Annual Percentage Yield
|
| Certificates1, 2 |
3 Month
|
0.10%
|
0.10%
|
| |
6 Month
|
0.20%
|
0.20%
|
| |
12 Month
|
0.35%
|
0.35%
|
| |
18 Month
|
0.40%
|
0.40%
|
| |
24 Month
|
0.55%
|
0.55%
|
| |
30 Month
|
0.70%
|
0.70%
|
| |
36 Month
|
0.90%
|
0.90%
|
| |
48 Month
|
1.14%
|
1.15%
|
| |
60 Month
|
1.29%
|
1.30%
|
1 A penalty may be imposed for early withdrawal. Interest will be credited annually or more frequently.
2 $100 minimum deposit required for CD terms.
Interest-Bearing Checking
| |
Simple Interest Rate
|
Annual Percentage Yield
|
NOW Account3, 4
$1,000 minimum opening balance (details)
|
0.05%
|
0.05%
|
Super NOW Account3, 4
$2,500 minimum opening balance (details)
|
0.10%
|
0.10%
|
3 The rate may change daily.
4 Fees may reduce the earnings on the account.
Savings
| |
Daily Balance
|
Simple Interest Rate
|
Annual Percentage Yield
|
Statement Savings3
$10 minimum opening balance (details)
|
|
0.15%
|
0.15%
|
|
Money Market Savings Account3, 4
$2,500 minimum opening balance (details)
|
|
0.10%
|
0.10%
|
Money Market Gold Account3, 4, 5
$10,000 minimum opening balance (details)
|
$0 to $9,999.99
|
0.05%
|
0.05%
|
| |
$10,000 to $24,999.99
|
0.10%
|
0.10%
|
| |
$25,000 to $49,999.99
|
0.15%
|
0.15%
|
| |
$50,000 and above
|
0.20%
|
0.20%
|
3 The rate may change daily.
4 Fees may reduce the earnings on the account.
5 MSB pays on the full balance in the account at the stated interest rate that corresponds to the applicable deposit tier.
IRAs (Individual Retirement Accounts)
| |
Simple Interest Rate
|
Annual Percentage Yield
|
Traditional IRA Savings3, 4
$50 minimum opening balance (details)
|
1.15%
|
1.15%
|
Roth IRA3, 4
$50 minimum opening balance (details) |
1.15%
|
1.15%
|
Coverdell Education3, 4
$10 minimum opening balance (details) |
1.15%
|
1.15%
|
Simplified Employee Pension3, 4
$50 minimum opening balance (details) |
1.15%
|
1.15%
|
3 The rate may change daily.
4 Fees may reduce the earnings on the account.
|
