CURRENT RATES

Rates For Any Type Of Investment

Annual Percentage Yield - Effective 2012-02-17

Prime Money Market

Account Type Details Interest Rate APY
Prime Money Market Account
 Accounts with a daily balance under $25,000 have a $25.00 service charge 0.50* 0.50*

* The rates are subject to change after the account is opened without notice. Fees could reduce earnings on the account. Rate is based on New York Prime Lending Rate minus 3.5 points. The annual percentage yield (APY) on the Prime Money Market Checking is based on interest compounding monthly.

Checking and Savings Accounts

Account Type Details Interest Rate APY
First Preferred
 Opening balance $100, minimum to earn interest $2500 0.10 0.10
Savings
 Opening balance $100 0.10 0.10

*The rates are subject to change after the account is opened without notice. Fees could reduce earnings on the account. The annual percentage yield (APY) on Savings Accounts is based on interest compounding quarterly. The APY on NOW and Money Market Checking is based on interest compounding monthly.

Money Market Checking

Account Type Details Interest Rate APY
$2,499 Or Less
 Opening balance $2500, $10/monthly service fee if Money Market account balance falls below $2,500. 0.10 0.10
$2,500-24,999
 Opening balance $2500, $10/monthly service fee if Money Market account balance falls below $2,500. 0.15 0.15
$25,000+
 Opening balance $2500, $10/monthly service fee if Money Market account balance falls below $2,500. 0.25 0.25

*The rates are subject to change after the account is opened without notice. Fees could reduce earnings on the account. The annual percentage yield (APY) on Savings Accounts is based on interest compounding quarterly. The APY on NOW and Money Market Checking is based on interest compounding monthly.

Certificates of Deposit

  $5,000-49,999 $50,000-Above
Term Interest Rate APY Interest Rate APY
6 Month
 0.10 0.10 0.15 0.15
12 Month
 0.30 0.30 0.40 0.40
18 Month
 0.50 0.50 0.60 0.60
24 Month
 0.60 0.60 0.70 0.70
30 Month
 0.70 0.70 0.80 0.80
36 Month
 0.90 0.90 1.00 1.00
48 Month
 1.10 1.10 1.20 1.20
60 Month
 1.25 1.25 1.35 1.35

Minimum balance to open a certificate of deposit account and obtain the annual percentage yield is $500. Annual Percentage Yield is based on interest compounding semi-annually. A penalty may be imposed for early withdrawal. IRAs add .10%.