|
Sound Bank Interest Rate Sheet |
| Effective Date: January 4,
2013 |
| |
| |
| |
Interest Rate |
Annual Percentage
Yield |
| Certificates of Deposit-
(Requires an opening deposit of $500.00) |
|
|
3 Months |
0.100% |
0.100% |
| 6 Months |
0.149% |
0.150% |
| 6 Month Special CD (Requires an
opening deposit of $5,000.00) |
0.199% |
0.200% |
| 9 Months |
0.199% |
0.200% |
| 1 Year |
0.249% |
0.250% |
| 12 Month Special CD (Requires an
opening deposit of $5,000.00) |
0.349% |
0.350% |
| 18 Months |
0.349% |
0.350% |
| 15 - 36 Month PICK YOUR TERM (Requires an
opening deposit of $1,000.00) |
0.599% |
0.600% |
| 2 Years |
0.449% |
0.450% |
| 3 Years |
0.747% |
0.750% |
| 4 Years |
0.895% |
0.900% |
| 5 Years |
0.995% |
1.000% |
|
Early withdraw penalties may be assessed |
| |
| Premier Money Market
Accounts (accounts must be opened with new funds) |
| Balances > $50,000 |
0.299% |
0.300% |
| Less than $10,000 > $49,999 |
0.149% |
0.150% |
| Balances < $9,999 |
0.049% |
0.050% |
| |
| Personal and Business
Money Market Investment Accounts (Requires an opening
deposit of $100.00) |
| Balances > $500,000 |
0.299% |
0.300% |
| Less than $500,000 > $200,000 |
0.299% |
0.300% |
| Less than $200,000 > $100,000 |
0.299% |
0.300% |
| Less than $100,000 > $50,000 |
0.299% |
0.300% |
| Less than $50,000 > $10,000 |
0.149% |
0.150% |
| Less than $10,000 > $1,000 |
0.049% |
0.050% |
| Balances < $1,000 |
0.049% |
0.050% |
| |
| 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) |
0.099% |
0.100% |
| |
|
|
| Sound Advantage Checking
(Requires an opening deposit of $100.00) |
|
|
| Balances > $100,000 |
0.100% |
0.100% |
| Less than $99,999 > $50,000 |
0.100% |
0.100% |
| Less than $49,999 > $10,000 |
0.100% |
0.100% |
| Less than $9,999 > $1,000 |
0.050% |
0.050% |
| 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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