|
RATES
|
|
|
|
Rates Effective as of July 28,2010
|
|
Certificates of Deposit
|
|
Term
|
Minimum Balance
|
Interest Rate
|
Annual Percentage Yield
|
|
30 Day
|
$1,000
|
.200%
|
.200%
|
|
6 Month
|
$1,000
|
.450%
|
.450%
|
|
1 Year
|
$1,000
|
.800%
|
.800%
|
|
2 Year
|
$1,000
|
1.21%
|
1.21%
|
|
5 Year
|
$1,000
|
2.20%
|
2.20%
|
Other terms and rates are available for more information please call: 865-483-9444.
Penalty for early withdrawal.
|
|
IRAs
|
|
Term
|
Minimum Balance
|
Interest Rate
|
Annual Percentage Yield
|
|
1 Year Fixed
|
$500
|
1.000%
|
1.000%
|
|
2 Year Fixed
|
$500
|
1.290%
|
1.300%
|
|
2 Year Variable
|
$100
|
1.000%
|
1.000%
|
Penalty for early withdrawal.
|
|
Money Market Accounts
|
|
Minimum Balance
|
Interest Rate
|
Annual Percentage Yield
|
|
$2,500
|
.100%
|
.100%
|
|
$10,000
|
.200%
|
.200%
|
|
$50,000
|
.300%
|
.300%
|
If the balance falls below $2,500, interest will be paid at the Interest checking rate.
Fees may reduce earnings on the account.
Rates may change after the account is opened.
|
|
Non-profit Accounts
|
|
Type
|
Minimum Balance
|
Interest Rate
|
Annual Percentage Yield
|
|
Money Market
|
$10,000
|
.250%
|
.250%
|
|
Checking
|
$100
|
.025%
|
0.03%
|
|
Checking
|
$25,000 and Above
|
.250%
|
.250%
|
If the balance of the non-profit Money Market account falls below $10,000, interest will be paid at the regular MMA rate.
Fees may reduce earnings on the account.
Rates may change after the account is opened.
|
|
Savings and Checking
|
|
Savings and Checking
|
Minimum Balance
|
Interest Rate
|
Annual Percentage Yield
|
|
Regular Savings
|
$100 to open
|
.250%
|
.250%
|
|
Christmas Club
|
$5.00 to open
|
.250%
|
.250%
|
|
Simplified Checking
|
$100 to open
|
----
|
----
|
|
Interest Checking
|
$100 to open
|
.01%
|
.01%
|
|
Interest Checking Plus
|
$100 to open
|
.01%
|
.01%
|
|
Gold Checking
|
$100 to open
|
.03%
|
.03%
|
|
Gold Checking Plus
|
$100 to open
|
.02%
|
.02%
|
Fees may reduce earnings on the account.
Rates may change after the account is opened.
|
|
 |
