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Untitled Document
Current Rates
 
Sound Bank Interest Rate Sheet
Effective Date: April 1, 2014
 
**Rates subject to change without notice
 
  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.