"Modern Banking ... the Old Fashioned Way"

 

Current Deposit Interest Rates & Annual Percentage Yield (APY)

Effective July 5 - August 2, 2017

APY= Annual Percentage Yield
Rate = Interest Rate

Certificates
of Deposit
$10,000 and Over Under $10,000 Min Bal. to Open
Rate APY Rate APY
60 Month CD 1.90% 1.91% 1.70% 1.71% $1,000.00
36 Month CD 1.45% 1.45% 1.25% 1.25% $1,000.00
27 Month CD 1.35% 1.35% 1.15% 1.15% $1,000.00
24 Month CD 0.95% 0.95% 0.75% 0.75% $1,000.00
12 Month CD 0.75% 0.75% 0.65% 0.65% $1,000.00
We also offer a 12 month Head Start CD for customers age 0-25 with a minimum balance of $100...APYs and interest tiers are the same as the standard 12 month CD...ask for details
11 Month CD 1.10% 1.10% 0.90% 0.90% $1,000.00
6 Month CD 0.60% 0.60% 0.50% 0.50% $1,000.00
3 Month CD 0.50% 0.50% 0.40% 0.40% $1,000.00

 All IRAs pay the higher tier on the CD rate schedule above and require an opening minimum balance of $1,000.00.

Rate APY Min Bal. to Open
24 Month Variable IRA* 1.40% 1.40% $50.00

Rate APY Min Bal. to Open
Premium MMDA*      
$250,000 and over 0.65% 0.65% $25,000.00
 $249,999-$100,000 0.55% 0.55% $25,000.00
 $99,999-$25,000
Under $25,000 - No interest earned
0.45% 0.45% $25,000.00
Money Market*      
$10,000 and over 0.15% 0.15% $1,000.00
  $9,999-$1,000
Under $1,000 - No interest earned
0.10% 0.10% $1,000.00
Health Savings*      
$20,000 and over 0.25% 0.25% $50.00
  $19,999-$10,000 0.15% 0.15% $50.00
  $9,999-$1,000
Under $1,000 - No interest earned
0.05% 0.05% $50.00
Regular Savings* 0.05% 0.05% $0.00
Christmas Club* 0.05% 0.05% $0.00
Interest Checking* 0.05% 0.05% $1,000.00

 *Rates are subject to change after account opening.

Early withdrawal penalties may apply on CDs and IRAs. Fees may reduce earnings.

For more information call (920)564-2336, (920)668-6216, or email generalbox@oostburgbank.com