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RATES
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Rates Effective as of May 10,2013
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Certificates of Deposit
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Term
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Minimum Balance to Open Account
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Interest Rate
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Annual Percentage Yield
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Minimum Balance to Obtain Stated APY
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30 Day
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$1,000.00
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.100%
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.100%
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$1,000.00
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6 Month
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$1,000.00
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.150%
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.150%
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$1,000.00
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1 Year
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$1,000.00
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.31%
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.31%
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$1,000.00
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2 Year
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$1,000.00
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.460%
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.460%
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$1,000.00
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5 Year
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$1,000.00
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1.350%
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1.350%
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$1,000.00
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Other terms and rates are available for more information please call: 865-483-9444.
Penalty for early withdrawal.
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IRAs
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Term
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Minimum Balance to Open Account
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Interest Rate
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Annual Percentage Yield
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Minimum Balance to Obtain Stated APY
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1 Year Fixed
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$500.00
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.350%
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.350%
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$500.00
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2 Year Fixed
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$500.00
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.500%
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.500%
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$500.00
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2 Year Variable
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$500.00
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.400%
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.400%
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$500.00
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Penalty for early withdrawal.
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Money Market Accounts
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Minimum Balance to Open Account
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Interest Rate
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Annual Percentage Yield
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Minimum Balance to Obtain Stated APY
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$2,500.00
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.050%
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.050%
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$2,500.00
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$10,000.00
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.100%
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.100%
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$10,000.00
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$50,000.00
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.250%
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.250%
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$50.000.00
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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.
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Non-profit Accounts
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Type
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Minimum Balance to Open Account
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Interest Rate
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Annual Percentage Yield
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Minimum Balance to Obtain Stated APY
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Money Market
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$10,000.00
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.150%
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.150%
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$10,000.00
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Checking
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$100.00
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.020%
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0.020%
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$100.00
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Checking
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$25,000.00 and Above
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.150%
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.150%
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$25,000.00
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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.
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Savings and Checking
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Savings and Checking
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Minimum Balance to Open Account
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Interest Rate
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Annual Percentage Yield
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Minimum Balance to Obtain Stated APY
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Regular Savings
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$100.00 to open
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.150%
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.150%
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$0.01
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Christmas Club
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$5.00 to open
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.150%
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.150%
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$0.01
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Gold Checking
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$100.00 to open
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.030%
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.030%
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$0.01
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Business Bronze
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$100.00 to open
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.100%
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.100%
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$0.01
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Business Silver
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$500.00 to open
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.250%
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.250%
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$0.01
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Business Gold
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$500.00 to open
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.400%
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.400%
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$0.01
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Fees may reduce earnings on the account.
Rates may change after the account is opened.
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