Deposit Rate Sheet
May 2, 2012
| Variable Rate Accounts | Annual Percentage Yield (APY) | Interest Rate | Minimum to Open | Minimum Balance to Earn Stated APY |
| **Statement Savings | 0.65% | 0.65% | $50.00 | $50.00 |
| Passbook Savings | 0.50% | 0.50% | $25.00 | $25.00 |
| High Yield Passbook Savings | 0.65% | 0.65% | $500.00 | $500.00 |
| Kid Smart Savings | 0.60% | 0.60% | $10.00 | $10.00 |
| Holiday Club | 0.55% | 0.55% | $25.00 | $25.00 |
| ** Money Market with Checking | 0.50% | 0.50% | $2500.00 | $1500.00 |
| Personal Plus Checking | 0.35% | 0.35% | $200.00 | $200.00 |
| Senior Checking | 0.35% | 0.35% | $200.00 | $200.00 |
| Free Checking | N/A | N/A | $10.00 | N/A |
| Business Checking | N/A | N/A | $100.00 | N/A |
| Certificate of Deposit | Annual Percentage Yield (APY) | Interest Rate | Minimum Balance to Open and Earn Stated APY | |
| 91 Day | 0.40% | 0.40% | $1,000.00 | |
| 182 Day | 0.55% | 0.55% | $1,000.00 | |
| 12 Month | 0.60% | 0.60% | $1,000.00 | |
| 18 Month | 0.70% | 0.70% | $1,000.00 | |
| 24 Month | 0.80% | 0.80% | $1,000.00 | |
| 30 Month | 0.90% | 0.90% | $1,000.00 | |
| 60 Month | 2.00% | 1.98% | $1,000.00 | |
| *18 Month IRA | 0.85% | 0.85% | $100.00 | |
| *30 Month IRA | 1.05% | 1.04% | $100.00 | |
| ***19 Month Step UP | 0.90% | 0.90% | $10,000.00 | |
| ***25 Month Step Up | .998% | 1.00% | $10,000.00 | |
| ***36 Month Step UP | 1.14% | 1.15% | $10,000.00 | |
| All account owners must physically come into the branch to open the account. Proper identification must be supplied at account opening. Maximum opening amount is $250,000. Interest is compounded daily and credited monthly. The stated Annual Percentage Yield (APY) assumes that interest remains on deposit. Deposits earn interest from the day of deposit. Interest is not paid on the day of withdrawal. Fees may reduce earnings. We use the daily balance method to calculate the interest on a 365/365 day basis. This method applies a periodic rate to the principal in the account each day. Rates are subject to change without notice. The interest rate on Variable Rate Accounts are subject to change after the account is open. No additional deposits for Certificate Accounts permitted during the term, with the exception of IRA accounts. A penalty will be imposed on Certificates of Deposits that is equal to 91 days of simple interest on the withdrawn amount on account terms of 12 months or less. On account terms exceeding 12 months the penalty imposed will be 180 days of simple interest. The penalty will invade the principal if the penalty amount is greater than the interest earned at the time of withdrawal. |
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| Personal Checking and Personal Checking Plus accounts are available for consumers and non-profit corporations. Money Market Account Only - No interest earned on balances below $1500. Must maintain a minimum balance of $10,000 to avoid a monthly service charge. Personal Checking Plus - Must maintain a minimum balance of $200 to avoid a monthly service charge. The stated Annual Percentage Yield (APY) assumes that interest remains on deposit. |
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| Senior Checking Only - Account holders must be age 55 or over. Must maintain a minimum balance of $200 to avoid a monthly service charge. | ||||
| *IRA - Additional deposits are allowed with a minimum amount of $100.00. **Limited to 6 withdrawals or transfers from account per monthly statement cycle by means of check, pre-authorized transfers, automatic transfer, or telephone transfers. ***At the customers written request, the APY on the 19, 25, & 36 month certificate may be increased once during the term, without extending the maturity date. The upgraded rate must be the current regular rate being offered for the 19, 25 or 36 Month Step Up Certificate at the time of the request. |
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