Savings and CD Rates

Savings Accounts

Deposit Type

Interest Rate

(APY)

Money Market Savings - Daily balances of:

$2,500.00 - 24,999.99

0.85%

0.85%

$25,000.00 - $74,999.99

1.25%

1.26%

$75,000.00 & Above

1.55%

1.56%

Passbook Savings

Passbook & Kids Savings

.25%

.25%

Kid Club special rate: .50% APY with a monthly auto deposit

IRA Savings

IRA Savings

1.25%

1.26%

APY = Annual Percentage Yield
The interest rate and annual percentage yield may change after account opening
Fees could reduce earnings on the account
All interest rates and annual percentage yields are subject to change without notice
Interest rates and annual percentage yields are current as of 06/27/08
$25 to open a Kids Club savings

Certificates of Deposit (CD's) Specials

Deposit Type

Interest Rate

(APY)

 

19 MONTH*

3.47%

3.50%
7 MONTH**
$10,000 - 24,999.99
$25,000 - 49,999.99
$50,000 and up

3.33%
3.38%
3.48%

3.35%
3.40%
3.50%

 

 

 

*19 Month CD:
Interest will be paid semi-annually
$5,000 minimum opening balance required on 19 month CD
90 day penalty for early withdrawal
CD will automatically roll into a 18 month CD
Must have additional banking relationship
**7 Month CD:
Interest will be paid at maturity
$10,000 minimum opening balance required on 7 month CD
90 day penalty for early withdrawal
CD will automatically roll into a 6 month CD

APY = Annual Percentage Yield
Fees could reduce earnings on the account
Penalty may be imposed for early withdrawals
Interest rates and annual percentage yields are current as of 07/07/08.

Medical Emergency Certificate

You will be eligible to add a medical emergency clause to a CD you purchase at Reliabank. Documentation of an emergency situation must be presented to withdraw all or a portion of your CD without penalty. You may reinvest the remaining balance at current market rates.

Interest is paid or compounded semi-annually. Funds may remain on deposit and compound. You may have your interest credited directly to an account or you may be issued an interest check.

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