|
Sound Bank Interest Rate Sheet |
| Effective Date: August 20,
2010 |
| |
| |
| |
Interest Rate |
Annual Percentage
Yield |
| Certificates of Deposit-
(Requires an opening deposit of $500.00) |
|
|
3 Months |
0.50% |
0.50% |
| 6 Months |
0.60% |
0.60% |
| 6-9 Month Special CD (Requires an
opening deposit of $1,000.00) |
0.75% |
0.75%
**requires a checking relationship |
| 9 Months |
0.80% |
0.80% |
| 1 Year |
0.80% |
0.80% |
| 12-15 Month Special CD (Requires an
opening deposit of $1,000.00) |
1.00% |
1.00%
**requires a checking relationship |
| 18 Months |
1.00% |
1.00% |
| 18-24 Month Special CD (Requires an
opening deposit of $1,000.00) |
1.24% |
1.25%
**requires a checking relationship |
| 2 Years |
1.24% |
1.25% |
| 2.5 Years |
1.24% |
1.25% |
| 24-36Month Special CD (Requires an
opening deposit of $1,000.00) |
1.49% |
1.50%
**requires a checking relationship |
| |
|
|
| 3 Years |
1.24% |
1.25% |
| 4 Years |
1.24% |
1.25% |
| 5 Years |
1.24% |
1.25% |
|
Early withdraw penalties may be assessed |
| |
| Premier Money Market
Accounts (accounts must be opened with new funds) |
| Balances > $50,000 |
1.00% |
1.00% |
| Less than $10,000 > $49,999 |
0.50% |
0.50% |
| Balances < $9,999 |
0.10% |
0.10% |
| |
| Personal and Business
Money Market Investment Accounts (Requires an opening
deposit of $100.00) |
| Balances > $500,000 |
1.00% |
1.00% |
| Less than $500,000 > $200,000 |
1.00% |
1.00% |
| Less than $200,000 > $100,000 |
0.60% |
0.60% |
| Less than $100,000 > $50,000 |
0.50% |
0.50% |
| Less than $50,000 > $10,000 |
0.25% |
0.25% |
| Less than $10,000 > $1,000 |
0.10% |
0.10% |
| Balances < $1,000 |
0.10% |
0.10% |
| |
| Savings Deposits (Requires an
opening deposit of $100.00 for a Regular Savings Account and
an opening deposit of $10.00 for a Minor Savings Account) |
0.25% |
0.25% |
| |
|
|
| Sound Advantage Checking
(Requires an opening deposit of $100.00) |
|
|
| Balances > $100,000 |
0.50% |
0.50% |
| Less than $99,999 > $50,000 |
0.25% |
0.25% |
| Less than $49,999 > $10,000 |
0.15% |
0.15% |
| Less than $9,999 > $1,000 |
0.10% |
0.10% |
| Balances < $1,000 |
0.00% |
0.00% |
| |
| Fees may reduce
earnings. Annual Percentage Yield assumes interest remains
on deposit. Interest Rates are subject to change at the
discretion of Sound Bank with no advance notice. |
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