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CD and IRA Rates
Interest and Annual Percentage Yields are current as of April 10, 2008
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Term
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Interest Rate
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APY*
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3 Month**
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1.98%
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2.00%
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6 Month**
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2.47%
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2.50%
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1 Year**
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2.72%
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2.75%
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18 Month **
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2.96%
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3.00%
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2 Years~
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2.96%
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3.00%
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3 Year Bump~
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2.52%
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2.55%
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3 Years~
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2.62%
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2.65%
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4 Year Bump
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2.86%
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2.90%
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4 Years~
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2.96%
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3.00%
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5 Year Bump
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3.35%
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3.40%
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5 Years~
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3.45%
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3.51%
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* APY = Annual Percentage Yield
** Penalties for early withdrawal are as follows:
~ 3 Month and 6 Month = 30 day loss of interest
~ 1 Year and 18 Month = 90 day loss of interest
~ 2 Years, 3 Years, 4 Years, 5 Years = 180 day loss of interest
Fees may reduce earnings
Minimum balance to open an IRA is $100.00
Interest will be compounded and paid to the account monthly.
Minimum balance to open is $1,000.00
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Money Market Account
Interest and Annual Percentage Yields are current as of April 10, 2008
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Balance
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Interest Rate
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APY*
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$.01 - 2,499
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0.10%
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0.10%
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$2,500 - 9,999
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0.25%
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0.25%
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$10,000 - 49,999
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1.00%
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1.00%
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$50,000 - 99,999
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1.69%
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1.70%
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$100,000 & Over
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2.23%
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2.25%
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* APY = Annual Percentage Yield
Interest on Money Market Accounts will be credited monthly.
Minimum opening balance is $1,000.
The Interest and Annual Percentage Yield may change after account opening.
Fees may reduce earnings.
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Savings
Interest and Annual Percentage Yields are current as of March 20, 2008
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Type
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Interest Rate
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APY*
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Statement / Passbook
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0.25%
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0.25%
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Government Required Trusts
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0.25%
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0.25%
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*Minimum balance to open is $100.00. The interest rates and Annual Percentage Yield may change after account opening. Interest is calculated on the daily ledger balance and credited monthly. Fees may reduce earnings.
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Interest Checking
Interest and Annual Percentage Yields are current as of April 10, 2008
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Type
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Interest Rate
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APY
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MyStateBank Business Interest
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- $.01 to 24,999
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0.10%
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0.10%
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- 25,000 +
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0.20%
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0.20%
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MyStateBank Personal Interest
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0.15%
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0.15%
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MyStateBank Tiered Interest
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- $0 to $9,999
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0.10%
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0.10%
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- $10,000 to $24,999
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0.15%
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0.15%
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- $25,000 to $49,999
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0.25%
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0.25%
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- $50,000 +
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0.50%
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0.50%
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*Minimum balance to open is $100.00. The interest rates and Annual Percentage Yield may change after account opening. Interest is calculated on the daily ledger balance and credited monthly. Fees may reduce earnings.
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