Checking & Savings Rates
Annual Percentage Yield Accurate as of 04/18/2017
Blue Chip (Monthly) ** 1
|$0 - $15,000||3.10%||3.14%||50||N/A|
|Balances over $15,000||0.20%||0.20%||N/A||N/A|
|If requirements are not met||0.01%||0.01%||N/A||N/A|
|N/A||N/A||N/A||$50||$3.00 fee if balance falls below $100.00|
Coffee Club (Monthly) ** 2
|N/A||0.10%||0.10%||$1,000||$3.00 fee if balance falls below $1,000.00|
Money Market (Monthly) **
|$0 - $4,999.99||0.10%||0.10%||$1,000.00||$3.00 fee if balance falls below $1,000.00|
|$5,000 - $19,999.99||0.15%||0.15%||N/A||N/A|
|$20,000 - above||0.25%||0.25%||N/A||N/A|
Personal / Business Savings (Quarterly) ** 3
|$0 - $24,999.99||0.10%||0.10%||$50||$.50 fee if balance falls below $50.00|
|$25,000 - $49,999.99||0.25%||0.25%||N/A||N/A|
|$50,000 - above||0.40%||0.40%||N/A||N/A|
Super Christmas Club (Annually) ** 4 & 6
|$0 - $2,000.00||0.50%||0.50%||$1|
|$2000.01 - above||0.10%||0.10%||N/A|
Vacation Club (Annually) ** 5 & 6
|$0 - $2,000.00||0.50%||0.50%||$50|
|$2000.01 - above||0.10%||0.10%||N/A|
Bill the Reader (Quarterly) ** 7
Health Savings Account (Monthly) **
Certificate of Deposit & Individual Retirement Account Rates **
|Term||Rate||APY||Minimum Deposit||Frequency of Compounding||Early Withdrawal Penalty|
|3 Month CD||0.20%||0.20%||$1,000||Quarterly||30 days interest|
|6 Month CD||0.25%||0.25%||$1,000||Semi-Annual||30 days interest|
|12 Month CD||0.50%||0.50%||$500||Semi-Annual||30 days interest|
|18 Month CD||0.60%||0.60%||$500||Semi-Annual||90 days interest|
|24 Month CD||0.75%||0.75%||$500||Semi-Annual||90 days interest|
|30 Month CD||0.85%||0.85%||$500||Semi-Annual||90 days interest|
|36 Month CD||1.00%||1.00%||$500||Semi-Annual||90 days interest|
|48 Month CD||1.50%||1.51%||$500||Semi-Annual||180 days interest|
|60 Month CD||2.00%||2.01%||$500||Semi-Annual||180 days interest|
** APY = Annual Percentage Yield / The APY assumes interest remains on deposit. A withdrawal will reduce earnings.
** Rates are subject to change at any time without notice.
** Under Regulation D the right is reserved to require a written notice of not less than 7 days before a withdrawal is made.
** We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal balance in the account each day.
** Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Accrued interest less that $1.00 will not be paid upon account closing.
** Fees may reduce the earnings on the accounts.
1 - For Blue Chip Checking Account, accountholders must have 20 or more Visa Debit Card transactions and receive e-statements to receive interest rate. Blue Chip Checking Accounts closed before interest is credited will not receive
the accrued interest.
2 - For Coffee Club Checking Account, accountholders must be 55 years of age or older. A service charge fee of $3 is assessed if the minimum balance of $1,000 is not met.
3 - For Personal / Business Savings, there is a $0.50 charge for each withdrawal in excess of 3 per four-week period.
4 - For Super Christmas Club Accounts, no withdrawals will be permitted, except to close the account.
5 - For Vacation Club Accounts, a limit of two withdrawals per calendar year are allowed. Penalties for excess withdrawals will be forfeiting all accrued interest and the account will be closed.
6 - For Super Christmas and Vacation Club, the accounts require a minimum of a monthly deposit of no less than $1 to be credited to the account from a Crossroads Bank checking or savings account via the bank's automatic transfer system.
7 - For Bill the Reader Accounts, bring your report card to the bank with an "A" in Reading (limit one per school quarter).