* No Penalty* feature available on
3-month COD only.
Interest on all COD's is compounded quarterly.
Minimum deposit is $500.00.
Substantial penalty for early withdrawal.
The Annual Percentage Yield (APY) assumes interest will remain on
deposit until maturity.
A withdrawal of interest will reduce earnings.
Call Cornerstone Bank for effective rates after the quoted date.
**Rate may change after the account is
opened. If the 24 month CD interest rate goes up, you have the option
of upgrading to the higher rate one time for the remainder of your term. |
|
|
TERM
|
INTEREST RATE
|
APY
|
|
3 Month *NO PENALTY*
|
1.25
|
1.26
|
|
6 Month
|
2.45 |
2.47 |
|
12 Month |
2.85
|
2.88 |
|
18 Month
|
3.05
|
3.09 |
|
24 Month - Jump-Up**
|
3.50 |
3.55 |
|
30 Month
|
3.30 |
3.34 |
|
36 Month
|
3.30 |
3.34 |
|
48 Month
|
3.30 |
3.34 |
|
|
|
Quoted Rates Good Through December 2, 2008
|
|
|
Daily access to your money by
check.
Allows 6 withdrawals, three by check, per statement cycle.
$1,000 minimum required to open a Premier Account.
Rates may change and fees may reduce earnings.
Interest is compounded and credited every month.
Annual Percentage Yield (APY) effective as of 11/5/2008.
Call Cornerstone Bank for
details.
|
| |
|
INTEREST RATE
|
APY
|
BALANCE RANGE
|
|
0.00%
|
0.00%
|
$0
- 999.99
|
|
0.50%
|
0.50%
|
$1,000
- 49,999.99
|
|
0.82%
|
0.82%
|
$50,000
- 99,999.99
|
|
1.22%
|
1.23%
|
$100,000
- 249,999.99
|
|
1.82%
|
1.84% |
$250,000 - 499,999.99
|
|
2.02%
|
2.04%
|
$500,000 & Over
|
|
