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RATES
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Rates Effective as of November 24th, 2009
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Certificates of Deposit
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Term
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Minimum Balance
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Interest Rate
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Annual Percentage Yield
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30 Day
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$1,000
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.500%
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.500%
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6 Month
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$1,000
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.900%
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.900%
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1 Year
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$1,000
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1.30%
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1.30%
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2 Year
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$1,000
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1.80%
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1.80%
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5 Year
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$1,000
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2.500%
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2.500%
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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
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Interest Rate
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Annual Percentage Yield
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1 Year Fixed
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$500
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1.390%
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1.400%
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2 Year Fixed
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$500
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1.790%
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1.800%
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2 Year Variable
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$100
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1.490%
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1.500%
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Penalty for early withdrawal.
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Money Market Accounts
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Minimum Balance
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Interest Rate
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Annual Percentage Yield
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$2,500
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.200%
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.200%
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$10,000
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.300%
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.300%
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$50,000
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.550%
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.550%
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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
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Interest Rate
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Annual Percentage Yield
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Money Market
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$10,000
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.300%
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.300%
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Checking
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$100
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.050%
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0.050%
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Checking
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$25,000 and Above
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.300%
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.300%
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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
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Interest Rate
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Annual Percentage Yield
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Regular Savings
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$100 to open
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.300%
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.300%
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Christmas Club
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$5.00 to open
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.300%
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.300%
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Simplified Checking
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$100 to open
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----
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----
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Interest Checking
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$100 to open
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.003%
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.003%
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Interest Checking Plus
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$100 to open
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.002%
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.002%
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Gold Checking
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$100 to open
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.005%
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.005%
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Gold Checking Plus
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$100 to open
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.002%
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.002%
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Fees may reduce earnings on the account.
Rates may change after the account is opened.
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