FIXED RATE
Rates and Yields as of May 05, 2008
|
DESCRIPTION |
DAILY MINIMUM BALANCE TO OBTAIN |
INTEREST RATE |
APY |
|
12 MONTH |
$1,000 |
2.13% |
2.15% |
|
24 MONTH |
$1,000 |
2.37% |
2.39% |
|
36 MONTH |
$1,000 |
2.49% |
2.51% |
|
48 MONTH |
$1,000 |
2.76% |
2.79% |
|
60 MONTH |
$1,000 |
2.92% |
2.95% |
- Annual
Percentage Yield assumes interest will remain on deposit until
maturity. A withdrawal will reduce earnings. Certain other penalties
will apply in the event of early withdrawal. No penalties will apply
for normal IRA distribution, and interest will continue to
accrue.
- Interest will be calculated on the daily balance method.This method applies a daily periodic rate to the principal in the account each day.
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