|
|
|
|
|
Preferred Bank's Current Rates:
Note: All Annual Percentage Yields are effective on Today's date.
Date of Last Rate Change: November 3, 2011
Select from the options below...
Standard Rates
Money Market Rates
Smart Checking Rates
Certificate of Deposit Rates
Health Savings Account
Standard Rates
| Type |
Interest Rate
|
Annual Percentage
|
|
|
|
| Regular Savings |
.35% |
.35% |
|
|
|
| Interest Checking |
.20% |
.20% |
|
|
|
| Relationship Checking |
.25% |
.25% |
|
|
|
Money Market Rates
| Amount Deposited |
Interest Rate |
Annual Percentage |
|
|
|
$ 1.00 - $ 999.99
|
.25% |
.25% |
|
|
|
| $ 1,000.00 - $ 4,999.99 |
.25% |
.25% |
|
|
|
$ 5,000.00 -$ 49,999.99
|
.25% |
.25% |
|
|
|
$ 50,000.00 - $ 199,999.99
|
.45% |
.45% |
|
|
|
| $ 200,000.00 and Over |
.60% |
.60% |
|
|
|
Note: $ 1,000.00 Minimum Required to open account. A $ 10.00 monthly service fee is applied if you drop below $ 1,000.00.
(Transfers from a MMDA to another account or to third parties by preauthorized, automatic, phone, or computer transfer or by check, draft or similar order to third parties are limited to six per statement cycle.)
Smart Checking
|
|
|
| Amount Deposited |
Interest Rate |
Annual Percentage |
|
|
|
$ 1.00 - $ 14,999.99
(If 3 Requirements Met)*
|
2.25% |
2.27% |
|
|
|
$ 1.00 - $ 14,999.99
(If 3 Requirements Not Met)**
|
0.50% |
0.50% |
|
|
|
| $ 15,000 and Over |
0.15% |
0.15% |
* The 3 Requirements mentioned above are as follows:
- 10 Signature-Based Visa Check Card Transactions
- 2 Automatic Debits
- Enrollment in eSafe Electronic Statements
Additionally:
We will refund up to $10 per month for foreign ATM fees with Smart Checkinng
***Interest rate and annual percentage yield may vary. We may change the interest rate at any time at our discretion. Fees could reduce earnings on your account.
Health Savings Account (HSA)
| Interest Rate |
Annual Percentage Yield |
|
0.35%
|
0.35%
|
Certificate of Deposit (CD)
(Note: Compounded Quarterly)
|
|
|
|
| Term |
Minimum Value
|
Interest Rate
|
Annual Percentage
|
|
|
|
|
91 Day Certificate
|
$ 2,500.00
|
0.15% |
0.15% |
|
|
|
|
6 Month Certificate
|
$ 500.00
|
0.40% |
0.40% |
|
|
|
|
12 Month Certificate
|
$ 500.00
|
0.75% |
0.75% |
|
|
|
|
| 18 Month Certificate |
$ 500.00 |
0.90% |
0.90% |
|
|
|
|
| 24 Month Certificate |
$ 500.00 |
1.05% |
1.05% |
|
|
|
|
| 30 Month Certificate |
$ 500.00 |
1.10% |
1.10% |
|
|
|
|
| 36 Month Certificate |
$ 500.00 |
1.25% |
1.26% |
|
|
|
|
Note: A certificate maturing one year or less will have a 90 day interest penalty. A certificate maturing over one year will have a 180 day interest penalty.
|
|
|
|
|
|
|
|
NOTICE: FDIC NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE
COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules. The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts, and Interest on Lawyers Trust Accounts ("IOLTAs").
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
|
|
|
|
|
|
