Rates effective as of 08/27/14
Deposit Rates
Type    APY
NOW Account: Minimum balance: to open $2,500; to obtain APY $1,000    .20%
Money Market Deposit Account: Minimum balance: to open $2,500; to obtain APY $1,000    .20%
Passbook Savings: Minimum balance: to open and obtain APY $10    .15%
Christmas Club: Minimum balance to open and obtain APY $5    .15%
30-Day Certificate of Deposit: Minimum balance to open and obtain APY $1,000    .30%
91-Day Certificate of Deposit: Minimum balance to open and obtain APY $1,000    .35%
182-Day Certificate of Deposit: Minimum balance to open and obtain APY $1,000    .55%
12-Month Certificate of Deposit: Minimum balance to open and obtain APY $1,000    .60%
18-Month Certificate of Deposit: Minimum balance to open and obtain APY $1,000    .85%
24-Month Certificate of Deposit: Minimum balance to open and obtain APY $1,000    1.00%
36-Month Certificate of Deposit: Minimum blanace to open and obtain APY $1,000    1.00%
Individual Retirement Account (IRA) - Minimum balance to open and obtain APY $100    1.26%
Simplified Employee Pension (SEP) - Minimum balanace to open and obtain APY $100    1.26%
Roth IRA - Minimum balance to open and obtain APY $100    1.26%
Coverdell Education Savings Account - Minimum balance to open and obtain APY $100    1.26%
 
APY = Annual Persentage Yield. Rates are effective as of posted date and may change after account opening. Fees could reduce earnings on the accounts. The minimum balance to obtain APY is calculated on the daily balance method (the amount of principal in the account each day). A penalty may be imposed for early withdrawal on certificates of deposit and individual retirement accounts (IRA). For further information about applicable fees and terms, please contact a Putnam County Bank representative.
 
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