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Rates*
Effective: May 6, 2008
Deposit Account Interest Rates 1, 2, 3, 4
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| Minimum Daily Balance Required to Obtain APY |
Interest Rate |
Annual Percentage Yield |
Minimum Opening Deposit |
Compounding Method |
| Interest Checking: Heritage Plus and Heritage Golden Eagle |
| $1,000 or more |
2.20% |
2.22% |
$100.00 |
Daily |
| Money Market Accounts |
| $1,000 to $2,499.99 |
1.50% |
1.51% |
$1,000.00 |
Daily |
| $2,500 to $14,999.99 |
1.50% |
1.51% |
$1,000.00 |
Daily |
| $15,000 to $39,999.99 |
1.50% |
1.51% |
$1,000.00 |
Daily |
| $40,000 to $99,999.99 |
2.00% |
2.03% |
$1,000.00 |
Daily |
| $100,000 and over |
2.35% |
2.38% |
$1,000.00 |
Daily |
| Personal Savings Accounts |
| Personal Savings |
1.00% |
1.00% |
$100.00 |
Daily |
| Business Savings Accounts |
| Business Savings |
1.00% |
1.00% |
$1,000.00 |
Daily |
Effective: May 6, 2008
Certificates of Deposit 3, 4, 5
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| Term |
Interest Rate |
Annual Percentage Yield |
Minimum Balance to Open |
Compounding Method |
| Fixed Rate C/D and IRA Rates (for amounts up to $100,000) |
| 3 Month |
2.75% |
2.79% |
$500 |
Daily |
| 6 Month |
3.00% |
3.05% |
$500 |
Daily |
| 9 Month |
3.25% |
3.30% |
$500 |
Daily |
| 1 Year |
3.85% |
3.92% |
$500 |
Daily |
| 14 Month |
3.90% |
3.98% |
$1000 |
Daily |
| 18 Month |
4.10% |
4.18% |
$1000 |
Daily |
| 2 Year |
4.10% |
4.18% |
$1000 |
Daily |
| 3 Year |
4.10% |
4.18% |
$1000 |
Daily |
| 4 Year |
4.10% |
4.18% |
$1000 |
Daily |
| 5 Year |
4.10% |
4.18% |
$1000 |
Daily |
1Annual Percentage Yield assumes minimum required balance is maintained for a period of one year.
2Rates are subject to change at any time, at our discretion.
3Annual Percentage Yields are accurate as of effective date listed. Fees could reduce the earnings on the account.
4Interest is compounded daily and credited on the last day of the statement cycle. We use the daily balance method to calculate the interest on your account. Interest on non-cash deposits begins to accrue on the business day of deposit. If you close your account before interest is credited, you will receive the accrued interest.
5Annual Percentage Yield assumes minimum balance maintained for full C/D term, interest is capitalized and deposit is renewed at the existing rate for additional periods up to one year. No additional deposits may be made until maturity. You will have ten days after maturity date to withdraw funds without penalty. Only interest credited to the CD may be withdrawn without penalty. A penalty may be imposed for early withdrawals. |
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