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Services: Rates

Deposit Rates
Rates are Effective
As of

June 24, 2008

Certificates of Deposit

 

APY

APY

APY

Term

$500 minimum deposit

$5,000 minimum deposit

$25,000 minimum deposit

 

  6-month CD*

N/A

2.25%

2.25%

12-month CD

2.34%

2.35%

2.36%

24-month CD

2.58%

2.60%

2.61%

36-month CD

2.98%

3.00%

3.01%

48-month CD

3.27%

3.30%

3.31%

60-month CD

3.57%

3.60%

3.62%

 

*$2,500 minimum balance for 6-month CD

(A penalty will or may be imposed for early withdrawal)

Community Bank offers "Special" TCD Terms
Inquire at Our Offices

Community Bank does not accept brokered deposits.

        APY = Annual Percentage Yield

Individual Retirement Accounts
$200 minimum balance
3.00% APY
24-month maturity; rate may vary every 6 months.
A penalty will or may be imposed for early withdrawal if under age 59 1/2.

Passbook Savings
No minimum balance
0.50% APY
Rate may change after account is opened.
Fees could reduce the earnings on the account.

Checking With Interest

If your average daily collected balance in your account is $250,000.00 or more, the interest rate paid on the entire average daily collected balance in your account will be 1.75% with an annual percentage yield of 1.76%.

If your average daily collected balance in your account is $100,000.00 or more but less than $250,000.00, the interest rate paid on the entire average daily collected balance in your account will be 1.50% with an annual percentage yield of 1.51%.
If your average daily collected balance in your account is $50,000.00 or more but less than $100,000.00, the interest rate paid on the entire average daily collected balance in your account will be 1.10% with an annual percentage yield of 1.11%.
If your average daily collected balance in your account is $25,000.00 or more but less than $50,000.00, the interest rate paid on the entire average daily collected balance in your account will be 0.85% with an annual percentage yield of 0.85%.

If your average daily collected balance in your account is equal to or greater then $2,500.01 but less than $25,000.00, the interest paid on the entire average daily collected balance in your account will be 0.35% with an annual percentage yield of 0.35%.
If your average daily collected balance in your account is below $2,500.01, the interest rate paid on the entire average daily collected balance in your account will be 0.25% with an annual percentage yield of 0.25%.  The interest rate may change after the account is opened and fees could reduce the earnings.

 

 

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