Savings Rates

 

Savings Rates Rate APY*

Minimum Balance

to Obtain APY
Regular Savings 0.65 0.65 $1.00
IRAs** 1.75 1.76 $1.00
PayDay IRA**** 1.75 1.76 $1.00
Christmas Club*** 0.65 0.65 $1.00
Health Savings     $1.00
$0 to $4,999 1.50 1.51  
$5,000 and greater 2.00 2.02  
7 day COD 155 1.55 $1000.00
31 day COD 1.55 1.55 $1000.00
91 day COD 1.75 1.75 $1000.00
182 day COD 2.13 2.15 $1000.00
12 month COD 2.38 2.40 $1000.00
18 month COD 2.48 2.50 $500.00
24 month COD 2.67 2.70 $500.00
30 month COD 2.77 2.80 $500.00
36 month COD 2.80 2.85 $500.00
48 month COD 3.11 3.15 $500.00
60 month COD 3.50 3.55 $500.00
84 month COD 3.50 3.55 $500.00
96 month COD 3.50 3.55 $500.00
Freedom CD- 36  months 2.82 2.85 $500.00

Clear Mountain Bank rates updated weekly
 

*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 2008. It's term varies depending on when the account was opened. Rate effective 10/07.

****Your interest rate and annual percentage yield may change at anytime at our discretion.

Rates and APY's are accurate as of  May 7,, 2008.
Minimum balance to open accounts are as follows:
    Regular Savings and Christmas Club    -    $1.00
    IRA's                                                  -    $10.00
    Certificate of Deposits                         -    $500.00
Fees may reduce earnings.
Penalty for early withdrawal may be imposed on all accounts listed above with the exception of Regular Savings.

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 you local Clear Mountain Bank office.