Rates
Statement Savings (Personal & Business)
| Balance | APY* |
|---|---|
| $300 & Up | 0.15% |
Savings account requires a minimum $100 to open and $300 minimum to earn interest and avoid monthly service fees. This is a variable rate account. APY (Annual Percentage Yield) is accurate as of May 1, 2009 and is subject to change thereafter, including after account opening. Fees and withdrawals could reduce earnings.
*Electric Blue Rewards Checking
| Interest Rate | APY* |
|---|---|
| 2.24% | 2.26% |
*2.26% Annual Percentage Yield (APY) paid on balances between one penny and $25,000, and 0.50% APY paid on all amounts above $25,000 each cycle the minimum requirements are met. If you do not meet the requirements per cycle, your account will still function as a free checking account earning 0.25% APY; however, it will not receive ATM refunds for that time period. Rates effective as of October 2, 2010. We may change the interest rate and APY at any time, including after the account is opened. No Minimum Balance Required. However you must deposit a minimum of $100 to open this account. Available to Personal Accounts Only. One account per person only. No monthly service charge. **ATM refunds up to $5 per transaction, $25 per cycle if requirements are met. Customer verification of refunds may be required.
First Rate Checking and Prestige Checking
| Balance | APY* |
|---|---|
| $300.00 | 0.05% |
| $10,000 | 0.15% |
| $20,000 | 0.25% |
| $50,000 | 0.35% |
First Rate Checking requires a minimum $1,000 to open and $1,000 minimum to avoid monthly service fees. This is a variable rate account. APYs (Annual Percentage Yield) are accurate as of September 1, 2010 and are subject to change, including after account opening. Fees and withdrawals could reduce earnings.
Business First Rate Checking
| Balance | APY* |
|---|---|
| $300.00 | 0.05% |
| $10,000 | 0.15% |
| $20,000 | 0.25% |
| $50,000 | 0.35% |
Business First Rate Checking requires a minimum $1,000 to open. This is a variable rate account. APYs (Annual Percentage Yields) are accurate as of September 1, 2010 and are subject to change, including after account opening. Fees and withdrawals could reduce earnings.
Money Market
| Balance | APY* |
|---|---|
| $0 - $9,999.99 | 0.14% |
| $10,000 - $24,999.99 | 0.26% |
| $25,000 - $49,999.99 | 0.35% |
| $50,000 and up | 0.40% |
Money Market account requires a minimum $2,500 to open and $2,500 minimum to avoid monthly service fees. This is a variable rate account. APYs (Annual Percentage Yield) are accurate as of September 1, 2010 and are subject to change, including after account opening. Fees and withdrawals could reduce earnings.
IRA 18 Month Variable
| Balance | APY* |
| $250.00 & up | 0.75% |
18-Month IRA Certificate of Deposit requires a minimum of $250 to open. This is a variable rate account. APY (Annual Percentage Yield) is accurate as of September 1, 2010 and is subject to change, including after account opening. Withdrawals could reduce earnings. Early withdrawal penalties may be imposed for withdrawals before maturity.
You may make additional contributions to your IRA as is allowable by IRS contribution limitations.
This account will automatically renew at maturity. Each renewal term will be the same as the original term, beginning on the maturity date. You can prevent renewal if you withdraw the funds in that account at maturity or within the grace period or we receive written notice from you within the grace period. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will not accrue after final maturity.
Home Equity Lines of Credit (HELOC)
| Balance | Term (Years) | APR* |
|---|---|---|
| Lines $10,000 to $24,999 | 7 | 4.000% |
| Lines $25,000 to $49,999 | 7 | 4.000% |
| Lines $50,000 to $99,999 | 7 | 4.000% |
| Lines $100,000 and up | 7 | 4.000% |
The Rate floats based on the highest Prime Rate published in the Money Section of the Wall Street Journal on the first day of the month. The cap is 18%. The Floor is 4.0%. The minimum allowed advance is $500. Higher rates may apply if the loan to value is greater than 80%. Interest only monthly payments may result in a balloon balance due at maturity. No borrower closing or origination costs for lines $25,000 or greater. Minimum line is $5,001. Lines less than $25,000 require borrower paid closing or origination costs, generally ranging from $150 to $500. All lines have an annual fee of $20 beginning in the second year. Hazard Insurance is required and flood insurance may be required. Terms of this line apply to owner occupied 1-4 family residence non-purchase transactions. Interest may be deductible, consult your tax advisor. Rates and terms are subject to change.
