|
To earn the highest interest rate
on your funds, open a BSV Money Market Investment Account.
BSV offers four levels of tiered rates to maximize your earnings. As
your account balance increases, so does the interest rate.
The account is available to individuals and
non-profit organizations. There is no
limit on the number of in-house transactions each month.
At no charge, your monthly statement will include
images of checks that were paid on the account during the month.
Check images are deemed to be legal proof of payment.
Maintaining the required minimum
balance waives any monthly service charge.
INTEREST RATES
Interest is earned daily on accounts that carry
the minimum balance beginning on the date of deposit. Interest is
compounded and paid quarterly.
|
Minimum Balance to Obtain
Yield |
RATE
(subject to change) |
APY
(Annual Percentage Yield) |
|
2,500 |
0.50% |
0.50% |
|
10,000 |
0.60% |
0.60% |
|
25,000 |
0.75% |
0.75% |
|
100,000 |
1.00% |
1.00% |
|
|
Rates are current as of
11/5/09
.
Rates are subject to change without prior
notice.
The rate may change after the
account is opened.
Fees could reduce earnings on the
account.
Contact BSV at (434) 246-5211 or (800) 619-5211 for confirmation of rate. |
