APY is accurate as of 11/14/08
| Interest Rate | A.P.Y. | |||
|---|---|---|---|---|
Savings | ||||
| Statement Savings, minimum $250 to obtain the APY | 1.00% | 1.00% | ||
| Business Statement, miniumum $500 to obtain the APY | .75% | .75% | ||
| NOW Checking, minimum of $1,000 to obtain the APY | 0.35% | 0.35% | ||
| Rewards Checking Balance of $0 to $25,000 with all requirements met | 3.93% | 4.01% | ||
| Rewards Checking Balance of $25,000 and above with all requirements met | 1.00% | 1.01% | ||
| Rewards Checking All Balances with out all requirements met | 0.25% | 0.25% | ||
| Grand Business Checking, minimum $2,500 | 0.35% | 0.35% | ||
| Funds Management (No minimum balance required) | 0.60% | 0.60% | ||
Business Money Market | ||||
| $5,000 to $19,999.99 | 1.24% | 1.25% | ||
| $20,000 to $49,999.99 | 1.49% | 1.50% | ||
| $50,000 to $74,999.99 | 2.23% | 2.26% | ||
| $75,000 or more | 3.20% | 3.25% | ||
Personal Money Market | ||||
| $2,500 to $9,999.99, minimum $2500 to obtain the APY | 2.32% | 2.35% | ||
| $10,000 to $24,999.99 | 2.71% | 2.75% | ||
| $25,000 to $49,999.99 | 2.96% | 3.00% | ||
| $50,000 or more | 3.20% | 3.25% | ||
Certificates of Deposit | ||||
| 3 months | 2.62% | 2.65% | ||
| 6 months | 3.00% | 3.05% | ||
| 12 months | 2.96% | 3.00% | ||
| 15 months | 3.20% | 3.25% | ||
| 18 months | 3.20% | 3.25% | ||
| 20 month Special Promotion IRA CD | 3.20% | 3.25% | ||
| 24 months | 3.30% | 3.35% | ||
| 36 months | 3.30% | 3.35% | ||
| 48 months | 3.34% | 3.40% | ||
| 60 months | 3.44% | 3.50% | ||
| 6 months no penalty | 2.23% | 2.25% | ||
| 12 months No Penalty | 2.27% | 2.30% | ||
Note: Annual Percentage Yield (APY) assumes interest remains on deposit. Withdrawals of interest will reduce earnings. Early Withdrawal penalty may apply and could result in partial loss of principal. CD interest rates are fixed for term of deposit.
For More information about these accounts, please contact a Grand Bank, N.A. representative at 609-514-3900.
