Savings Account Rates
| Savings Rates | Rate | APY* | Minimum Balance to Obtain APY |
|---|---|---|---|
| Regular Savings | 0.25 | 0.25 | $1.00 |
| IRAs** | 0.60 | 0.60 | $1.00 |
| PayDay IRA**** | 0.40 | 0.40 | $1.00 |
| Christmas Club*** | 0.65 | 0.65 | $1.00 |
| Health Savings | $1.00 | ||
| $0 to $4,999 | 1.25 | 1.26 | |
| $5,000 and greater | 1.75 | 1.76 | |
| 7 day COD | 0.30 | 0.30 | $1,000.00 |
| 31 day COD | 0.35 | 0.35 | $1,000.00 |
| 91 day COD | 0.40 | 0.40 | $1,000.00 |
| 182 day COD | 0.50 | 0.50 | $1,000.00 |
| 12 month COD | 0.85 | 0.85 | $1,000.00 |
| 18 month COD | 1.00 | 1.00 | $500.00 |
| 24 month COD | 1.39 | 1.40 | $500.00 |
| 30 month COD | 1.39 | 1.40 | $500.00 |
| 36 month COD | 1.49 | 1.50 | $500.00 |
| 48 month COD | 1.99 | 2.00 | $500.00 |
| 60 month COD | 2.48 | 2.50 | $500.00 |
| 84 month COD | 2.48 | 2.50 | $500.00 |
| 96 month COD | 2.48 | 2.50 | $500.00 |
| Freedom CD - 36 months | 1.49 | 1.50 | $500.00 |
|
*Annual Percentage Yield **Your interest rate and annual percentage yield may change the first of each calendar quarter. IRA's mature 18 months from date of opening. ***Maturity date of this club account is October 2010. It's term varies depending on when the account was opened. Rate effective 11/09. ****Your interest rate and annual percentage yield may change at anytime at our discretion. Minimum balance to open accounts are as follows: Regular Savings and Christmas Club - $1.00 IRA's - $10.00 Certificate of Deposits - $500.00/ $1,000 Fees may reduce earnings. Penalty for early withdrawal may be imposed on all accounts listed above with the exception of Regular Savings. Rates and APY's are accurate as of 08/18/2010. Clear Mountain Bank provides these rates for informational purposes only. These rates are subject to change and should not be used for financial or future planning. For actual current rates please contact your local Clear Mountain Bank office. | |||
