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TRADITION BANK RATES
The Annual Percentage Yield is current as of JUNE 2009
Interest Bearing Accounts
| Accounts | Minimum Deposit | Interest Rate | APY* | Compounding Frequency |
|---|---|---|---|---|
| PERSONAL** | ||||
| Young Investors Savings | $0 | .50% | .50% | Quarterly |
| Traditional Savings | $100 | .50% | .50% | Quarterly |
| V. I. P. Money
Market: $1,000-$9,999 |
$1,000 | .75% | .75% | Monthly |
| V. I. P. Money
Market: $10,000-$24,999 |
$10,000 | 1.00% | 1.00% | Monthly |
| V. I. P. Money
Market: $25,000-$49,999 |
$25,000 | 1.09% | 1.10% | Monthly |
| V. I. P. Money
Market: $50,000 -$99,999 |
$50,000 | 1.24% | 1.25% | Monthly |
| V. I. P. Money
Market: $100,000-Over |
$100,000 | 1.49% | 1.50% | Monthly |
| Interest Checking | $1,000 | .50% | .50% | Monthly |
| Star 55 Checking | $2,000 | .50% | .50% | Monthly |
| Gold Star Checking* | $100 | 2.71% | 2.75%-1.00%-.15% | Monthly |
| BUSINESS** | ||||
| Business Interest Checking | $1,000 | .50% | .50% | Monthly |
| Business Savings | $100 | .50% | .50% | Quarterly |
| V. I. B. Money Market: $1,000-$9,999 |
$1,000 | .75% | .75% | Monthly |
| V. I. B. Money Market: $10,000-$24,999 |
$10,000 | 1.00% | 1.00% | Monthly |
| V. I. B. Money Market: $25,000-$49,999 |
$25,000 | 1.09% | 1.10% | Monthly |
| V. I. B. Money Market: $50,000 -$99,999 |
$50,000 | 1.24% | 1.25% | Monthly |
| V. I. B. Money Market: $100,000 - Over |
$100,000 | 1.49% | 1.50% | Monthly |
| The interest rate & APY may
change after account opening.
*Gold Star Checking rate has requirements |
||||
Certificates of Deposit
| Term | Minimum Deposit | Interest Rate | APY* | Compounding Frequency |
|---|---|---|---|---|
| *3 Month CD | $1,000 | .50% | .50% | At Maturity |
| *6 Month CD | $1,000 | 1.24% | 1.25% | At Maturity |
| *12 Month CD | $1,000 | 1.49% | 1.50% | Quarterly |
|
*18 Month CD |
$1,000 |
1.64% |
1.65% |
Quarterly |
| *24 Month Rising Star CD | $1,000 | 1.74% | 1.755% | Quarterly |
| *24 Month Shooting Star CD | $10,000 | 1.25%,2.00%
2.25%,2.50% |
2.00% | Semi-Annually |
| *30 Month CD | $1,000 | 2.48% | 2.50% | Quarterly |
| *36 Month CD | $1,000 | 2.62% | 2.65% | Quarterly |
| *48 Month CD | $1,000 | 2.72% | 2.75% | Quarterly |
| *60 Month CD | $1,000 | 2.97% | 3.00% | Quarterly |
CDS AND IRAS: Fees could reduce the earnings on the account - Penalty may
be imposed for early withdrawal - Contact an employee for further information
about the applicable fees and terms. APY = Annual Percentage yield
*In the event that the depositor is allowed to withdraw all or part of his/her
deposit before maturity, a substantial penalty may be imposed. (Some
restrictions may apply)
Individual Retirement Accounts
| Accounts | Minimum Deposit | Interest Rate | APY* | Compounding Frequency |
|---|---|---|---|---|
| *6 Month IRA | $500 | 1.34% | 1.35% | Quarterly |
| *12 Month IRA | $500 | 1.59% | 1.60% | Quarterly |
| *18 Month IRA | $500 | 1.74% | 1.75% | Quarterly |
| *24 Month IRA Rising Star IRA | $500 | 1.84% | 1.85% | Quarterly |
| *36 Month IRA | $500 | 2.72% | 2.75% | Quarterly |
| *60 Month IRA | $500 | 3.07% | 3.10% | Quarterly |
CDS AND IRAS: Fees could reduce the earnings
on the account - Penalty may be imposed for early withdrawal - Contact
an employee for further information about the applicable fees and terms.
APY = Annual Percentage yield
*In the event that the depositor is
allowed to withdraw all or part of his/her deposit before maturity, a
substantial penalty may be imposed. (Some restrictions may apply)
