Home Savings/Checking Rates
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Certificates of Deposit
(Interest Rates as of 07-22-08) | Term | Rate / APY** | Minimum To Earn APY** | | 1 Month CD | 1.93/1.95 | $5,000 | | $5,000 to open | 2.03/2.05 | $10,000 | | | | | | 2 Month CD | 1.93/1.95 | $5,000 | | $5,000 to open | 2.03/2.05 | $10,000 | | | | | | 3 Month CD | 1.94/1.95 | $5,000 | | $5,000 to open | 2.03/2.05 | $10,000 | | | | | 6 Month CD | 1.18/1.20 | $500 | $500 to open | 1.72/1.75 | $10,000 | | | 2.11/2.15 | $25,000 | | | | | 18 Month CD | 3.01/3.10 | $5,000 | $5,000 to open | | | | | | | | 1 Year CD | 1.96/2.00 | $500 | $500 to open | 2.25/2.30 | $10,000 | | | 2.39/2.45 | $25,000 | | | | | 2 Year CD | 2.15/2.20 | $500 | | $500 to open | 2.44/2.50 | $10,000 | | | 2.49/2.55 | $25,000 | | | | | | 3D-CD Special (30 Months) | 2.97/3.00 | $1,000 | | $1,000 to open | 3.46/3.50 | $25,000 | | | | | 3 Year CD | 3.17/3.25 | $1,000 | | $1,000 to open | | | | | | | 4 Year CD | 2.49/2.55 | $500 | | $500 to open | 2.83/2.90 | $10,000 | | | 2.88/2.95 | $25,000 | | ** - APY = annual percentage yield. APY is based on quarterly compounding and assumes interest remains on deposit. APY is determined based on the current rate and minimum deposit required to open account. Withdrawal of interest will reduce earnings. There may be a penalty for early withdrawal. |
Individual Retirement Accounts (Interest Rates as of 07-22-08) | Term | Rate/APY** | Minimum to earn APY** | 18 Month Fixed | 2.48/2.55 | $500 | | $500 to open | | | | | | | 3 Year Fixed | 2.54/2.60 | $2,000 | | $2,000 to open | | | | | | | 5 Year Roth | 2.54/2.60 | $500 | | $500 to open | | | | ** - APY = annual percentage yield. APY is based on quarterly compounding and assumes interest remains on deposit. APY is determined based on the current rate and minimum deposit required to open account. Withdrawal of interest will reduce earnings. There may be a penalty for early withdrawal. |
Savings Accounts (Interest Rates as of 07-22-08) | | Product | Rate/APY** | Minimum to earn APY** | Statement Savings | 0.40/0.40 | $100 | | $100 to open | 0.65/0.65 | $2,500 | | | | | Future Savers | 0.40/0.40 | $100 | $10 to open | 0.65/0.65 | $2,500 | | | | | Holiday Savings | 0.40/0.40 | $100 | $10 to open | 0.65/0.65 | $2,500 | | ** - APY = annual percentage yield. APY is based on quarterly compounding and assumes interest remains on deposit. APY is determined based on the current rate and minimum deposit required to open account. Withdrawal of interest will reduce earnings. Fees may reduce earnings. Rates may change after account is opened. |
Checking Accounts (Interest Rates as of 07-22-08) | | Product | Rate/APY** | Minimum to earn APY** | | Advantage Check | 0.15/0.15 | $500 | $0 to open | | | | | | | Charitable Money Market Account | 0.10/0.10 | $0 | $500 to open | 0.50/0.50 | $5,000 | | | 1.74/1.75 | $10,000 | | | 1.98/2.00 | $50,000 | | 2.13/2.15 | $100,000 | | | | | Health Savings Account | 0.15/0.15 | $0 | | $10 to open | 0.90/0.90 | $2,500 | | | | | | Non-Profit Check | 0.20/0.20 | $0 | | $0 to open | | | | | | | | Municipal Checking | 0.10/0.10 | $0 | | $0 to open | 0.25/0.25 | $10,000 | | | 1.24/1.25 | $50,000 | | Rates subject to change without notice. Savings rates could change after the account is open. Checking rates could change after the account is open. There may be fees incurred with checking accounts; these fees may reduce earnings. Withdrawal of interest will reduce earnings. APY=Annual Percentage Yield. Amounts shown are minimums required to earn APY. APY for Savings Accounts, Individual Retirement Accounts, and Certificates of Deposit is based on quarterly compounding and assumes interest remains on deposit. APY for Checking Accounts is based on monthly compounding and assumes interest remains on deposit. APY is determined based on the current rate and minimum deposit required to open account. Contact Marshfield Savings Bank with any questions on interest rates and annual percentage yield (APY). |
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