IRA RATES
|
Products |
RATE
(subject to change) |
APY
(Annual Percentage Yield) |
|
6 Month Fixed Rate |
2.75% |
2.77% |
|
1 Year Fixed Rate |
3.00% |
3.05% |
|
18 Month Fixed Rate |
3.00% |
3.05% |
|
18 Month Variable Rate |
3.00% |
3.05% |
|
2 Year Fixed Rate |
3.20% |
3.25% |
|
2 1/2 Year Fixed Rate |
3.25% |
3.30% |
|
3 Year Fixed Rate |
3.35% |
3.41% |
|
4 Year Fixed Rate |
3.40% |
3.46% |
|
5 Year Fixed Rate |
3.50% |
3.56% |
Rates are current as of 4/11/08.
Rates are subject to change without prior notice.
Fees could reduce earnings on the account.
|
|
An early withdrawal penalty of one month's interest on the amount
withdrawn will be assessed on the 6 month and 1 year IRA's. An early
withdrawal penalty of three month's interest on the amount withdrawn
will be assessed on the 18 month to 4 year range of IRA's. An early
withdrawal penalty of six month's interest on the amount withdrawn
will be assessed on the 5 year IRA.
Contact BSV at (434) 246-5211 or (800) 619-5211 for confirmation of rates
and additional maturities and rates.
|
Minimum
to obtain APY |
|
Minimum
to open |
|
6 Month |
$2,500 |
6 Month |
$2,500 |
|
1 Year |
$1,000 |
1 Year |
$1,000 |
|
18 Month |
$1,000 |
18 Month |
$1,000 |
|
18 Month Variable |
$100 |
18 Month Variable |
$100 |
|
2 Year |
$1,000 |
2 Year |
$1,000 |
|
2 1/2 Year |
$1,000 |
2 1/2 Year |
$1,000 |
|
3 Year |
$1,000 |
3 Year |
$1,000 |
|
4 Year |
$1,000 |
4 Year |
$1,000 |
|
5 Year |
$1,000 |
5 Year |
$1,000 |
Rates are current as of 4/11/08.
Rates are subject to change without prior notice.
|
|
CD RATES
|
Products |
RATE
(subject to change) |
APY
(Annual Percentage Yield) |
|
6
Month Certificate of Deposit
|
2.75% |
2.77% |
|
1
Year Certificate of Deposit
|
3.00% |
3.05% |
|
18
month step-up Certificate of Deposit
*
|
3.00% |
3.00% |
|
2
Year Certificate of Deposit |
3.20% |
3.25% |
|
2
1/2 Year Certificate of Deposit |
3.25% |
3.30% |
|
3
Year Certificate of Deposit
|
3.35% |
3.41% |
|
4
Year Certificate of Deposit |
3.40% |
3.46% |
|
5
Year Certificate of Deposit
|
3.50% |
3.56% |
*18 month step-up has mandatory monthly interest payments
Rates are current as of
4/11/08.
Rates are subject to change without prior notice.
|
|
An early withdrawal penalty of one month's interest on the amount
withdrawn will be assessed on the 6 month and 1 year Certificates.
An early withdrawal penalty of three month's interest on the amount
withdrawn will be assessed on the 18 month to 4 year range of
Certificates. An early withdrawal penalty of six month's interest on
the amount withdrawn will be assessed on the 5 year Certificate.
Contact BSV at (434) 246-5211 or (800) 619-5211 for confirmation of rates
and additional maturities and rates.
| Minimum
to obtain APY |
Minimum
to open |
|
6 Month |
$2,500 |
6 Month |
$2,500 |
|
1 Year |
$1,000 |
1 Year |
$1,000 |
|
18 Month Step Up |
$2,500 |
18 Month Step Up |
$2,500 |
|
2
Year |
$1,000 |
2 Year |
$1,000 |
|
2 1/2 Year |
$1,000 |
2 1/2 Year |
$1,000 |
|
3 Year |
$1,000 |
3 Year |
$1,000 |
|
4 Year |
$1,000 |
4 Year |
$1,000 |
|
5 Year |
$1,000 |
5 Year |
$1,000 |
Rates are current as of 4/11/08. Rates are subject to change without prior notice.
|
|
|
 |
What is a Great Rate
Award?
A Great Rate Award is a quarterly
certification that a financial institution's
deposit and/or lending product(s) offer interest
rates which outperformed their local
marketplace. Look for a Great Rate Award
certification on the websites, brochures and
advertisements of every financial institution
with which you do business. |
Who is Datatrac?
Datatrac is the exclusive
provider of competitive interest rate data to
the American Bankers Association (ABA), Credit
Union National Association (CUNA & Affiliates),
National Association of Federal Credit Unions (NAFCU),
Bank Administration Institute (BAI) and
Financial Managers Society (FMS). Datatrac
maintains the industry’s largest database of
retail deposit & lending interest rates for over
14,000 financial institutions nationwide. |
How are Great Rate
Awards Calculated?
Each quarter, deposit and
lending interest rates in 175 regional US
markets are analyzed to determine institutions
who consistently outperform their local market
averages. Great Rate Award certifications are
awarded for specific deposit and/or lending
product(s) achieving this level of
competitiveness. |
|
|
