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Deposit
Rates
Rates are Effective
As of
June 24, 2008
Certificates
of Deposit
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APY
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APY
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APY
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Term
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$500 minimum deposit
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$5,000 minimum deposit
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$25,000 minimum deposit
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6-month CD*
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N/A
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2.25%
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2.25%
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12-month CD
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2.34%
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2.35%
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2.36%
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24-month CD
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2.58%
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2.60%
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2.61%
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36-month CD
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2.98%
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3.00%
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3.01%
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48-month CD
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3.27%
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3.30%
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3.31%
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60-month CD
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3.57%
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3.60%
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3.62%
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*$2,500
minimum balance for 6-month CD
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(A penalty will or may be imposed for early
withdrawal)
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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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