Exchange State Bank

Rate Sheet
Interest Rates Effective as of 9/3/2013
 
 
Certificates of Deposit
 
Annual Percentage
Term
Interest Rate
Yield
     
1 Month*
.05%
.05%
3 Month*
.10%
.10%
6 Month*
.20%
.20%
1 Year*
.40%
.40%
2 Year*
.60%
.60%
3 Year*
.70%
.70%
4 Year*
1.00%
1.00%
     
33 Month Special (Min $2,500.00)
.90%
.90%
Renews to 36 Month
   
     
* Minimum deposit to open the account and minimum balance to obtain (APY)- Annual Percentage Yield listed is $500.00
Penalty for Early Withdrawal
 
Deposit Accounts
 
Minimum
Opening
Interest
Annual Percentage
Account Type
Balance
Rate
Yield
       
*Savings
$1.00
.05%
.05%
       
*Now Account
$500.00
.05%
.05%
The two following statements refer to the Now Account
(Minimum Average Daily Balance of $500.00 required to avoid fees)
(Maintenance Fees may reduce earnings)
 
*Tiered Interest Checking
$2,500.00 minimum to open
Tier 3 - Average Daily Balance
.15%
.15%
$75,000.00 or more
     
Tier 2 - Average Daily Balance
.10%
.10%
$25,000.00 - $74,999.99
     
Tier 1 - Average Daily Balance
.05%
.05%
$24,999.99 or less
(Minimum Average Daily Balance of $2,500.00 required to avoid fees)
(Maintenance Fees may reduce earnings)
       
*Money Market
$2,500.00 minimum to open
Tier 4 - Average Daily Balance
.35%
.35%
$75,000.00 or more
     
Tier 3 - Average Daily Balance
.15%
.15%
$25,000.00 - $74,999.99
     
Tier 2 - Average Daily Balance
.10%
.10%
$2,500.00 - $24,999.99
     
Tier 1 - Average Daily Balance
.05%
.05%
$2,499.99 or less
     
* IRA 18 Month CD
$500.00
.75%
.75%
* Health Savings Account
$1.00
.05%
.05%
       
*Variable Rate Account. The rate may change daily at the bank's discretion.
Rates are subject to change without notice.