The Bank Of Salem Navigation
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Deposit Rates
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DEPOSIT RATES
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| Effective July 1, 2008 |
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Annual Rate |
Annual
Percentage
Yield |
| Interest Checking & Platinum 50 plus |
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| ($0 - $999 monthly minimum) |
.40% |
.40% |
| ($1,000 - $2,499) |
.50% |
.50% |
| ($2,500+) |
.60% |
.60% |
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| Now Checking |
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| ($1,000.00 minimum average) |
0.50% |
0.50% |
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| Regular Savings |
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| ($100.00 minimum average) |
0.75% |
0.75% |
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| Money Market Deposit Account |
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| ($2,500.00 - $9,999 monthly minimum) |
1.00% |
1.00% |
| ($10,000 - $49,999) |
1.50% |
1.51% |
| ($50,000 - $99,999) |
1.75% |
1.76% |
| ($100,000 +) |
2.00% |
2.02% |
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| • EACH DEPOSITOR INSURED TO AT LEAST $100,000 BY THE FEDERAL DEPOSIT INSURANCE CORPORATION. |
| • RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. |
| • CONTACT AN EMPLOYEE FOR FURTHER INFORMATION ABOUT APPLICABLE FEES AND TERMS. |
Time Certificate Rates
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CERTIFICATE OF DEPOSIT RATES
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Effective July 1, 2008
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Annual Rate
|
Annual
Percentage
Yield
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| 3 Month Certificate ($1,000 minimum) |
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| $ 1,000 - 9,999 |
2.05% |
2.07% |
| $ 10,000 - 49,999 |
2.10% |
2.12% |
| $ 50,000 - 99,999 (and IRA’s) |
2.15% |
2.17% |
| $100,000 - 249,999 |
2.20% |
2.22% |
| $250,000+ |
2.25% |
2.27% |
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| 6 Month Certificate ($1,000 minimum) |
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| $ 1,000 - 9,999 |
2.45% |
2.47% |
| $ 10,000 - 49,999 |
2.50% |
2.52% |
| $ 50,000 - 99,999 (and IRA’s) |
2.55% |
2.57% |
| $100,000 - 249,999 |
2.60% |
2.63% |
| $250,000+ |
2.65% |
2.68% |
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| 12 Month Certificate ($1,000 minimum) |
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| $ 1,000 - 9,999 |
2.65% |
2.68% |
| $ 10,000 - 49,999 |
2.70% |
2.73% |
| $ 50,000 - 99,999 (and IRA’s) |
2.75% |
2.78% |
| $100,000 - 249,999 |
2.80% |
2.83% |
| $250,000+ |
2.85% |
2.88% |
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| 18 Month Certificate ($1,000 minimum) |
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| $ 1,000 - 9,999 |
2.75% |
2.78% |
| $ 10,000 - 49,999 |
2.80% |
2.83% |
| $ 50,000 - 99,999 (and IRA’s) |
2.85% |
2.88% |
| $100,000 - 249,999 |
2.90% |
2.93% |
| $250,000+ |
2.95% |
2.98% |
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| 24 Month Certificate ($1,000 minimum) |
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| $ 1,000 - 9,999 |
2.95% |
2.98% |
| $ 10,000 - 49,999 |
3.00% |
3.03% |
| $ 50,000 - 99,999 (and IRA’s) |
3.05% |
3.09% |
| $100,000 - 249,999 |
3.10% |
3.14% |
| $250,000+ |
3.15% |
3.19% |
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| 30 Month Certificate ($1,000 minimum) |
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| $ 1,000 - 9,999 |
2.95% |
2.98% |
| $ 10,000 - 49,999 |
3.00% |
3.03% |
| $ 50,000 - 99,999 (and IRA’s) |
3.05% |
3.09% |
| $100,000 - 249,999 |
3.10% |
3.14% |
| $250,000+ |
3.15% |
3.19% |
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| 60 Month Certificate ($1,000 minimum) |
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| $ 1,000 - 9,999 |
3.25% |
3.29% |
| $ 10,000 - 49,999 |
3.30% |
3.34% |
| $ 50,000 - 99,999 (and IRA’s) |
3.35% |
3.39% |
| $100,000 - 249,999 |
3.40% |
3.44% |
| $250,000+ |
3.45% |
3.49% |
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• EACH DEPOSITOR INSURED TO AT LEAST $100,000 BY THE FEDERAL DEPOSIT INSURANCE CORPORATION.
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• RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE.
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• SUBSTANTIAL INTEREST PENALTY MAY BE ASSESSED FOR EARLY WITHDRAWAL OF TIME CERTIFICATES OF DEPOSIT.
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• CONTACT AN EMPLOYEE FOR FURTHER INFORMATION ABOUT APPLICABLE FEES AND TERMS.
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• ANNUAL PERCENTAGE YIELD CALCULATED ON QUARTERLY INTEREST COMPOUNDING.
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Feel free to call us for current rates for loans at
573-729-3137.
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