Interest Rates Effective as of April 29, 2013
"Relationship Banking" - new and existing customers who have a relationship, which must include a checking, savings, money market, loan account or multiple certificates of deposit will receive a higher rate when they open or renew a certificate of deposit. For more information, contact a Customer Relationship Representative.
Certificates of Deposits and IRA’s
Quarterly Compounding
| Regular Interest Rates | ||
|
Term (Min. Deposit $1,000) |
Interest Rate |
APY* |
|
90 Day |
0.15 % |
0.15 % |
|
180 Day |
0.25 % |
0.25 % |
|
12 Month |
0.35 % |
0.35 % |
|
18 Month |
0.45 % | 0.45 % |
|
24 Month |
0.55 % |
0.55 % |
| 36 Month |
1.00 % |
1.00 % |
|
48 Month |
0.95 % |
0.95 % |
| 60 Month |
1.05 % |
1.05 % |
| Special Interest Rates | ||
|
Term: None at this time |
Interest Rate:
|
APY*:
|
*Annual Percentage Yield
Note: Rates may change at any time without prior notice. A penalty may be imposed for early withdrawal. Fees may reduce earnings.
Personal Checking & Savings
Minimum Opening Balance for all accounts is $250.00
Monthly Compounding
|
Account |
Interest Rate |
APY* |
Min. Balance ** |
|
Concord Select (N.O.W. Account) |
0.15 % |
0.15 % |
$1,000.00 |
|
Concord Savers |
0.25 % |
0.25 % |
$500.00 |
|
Super Saver (Children 18 and Under) |
0.50 % |
0.50 % |
None |
|
Concord Money Market |
$1,000.00 | ||
|
Balances up to $10,000 |
0.20 % |
0.20 % |
|
| Balances $10,000-$24,999 |
0.25 % |
0.25 % |
|
|
Balances $25,000-$49,999 |
0.30 % |
0.30 % |
|
| Balances $50,000 Over |
0.40 % |
0.40 % |
|
Commercial Checking and Savings Accounts
Minimum Opening Balance for all accounts is $250.00
Monthly Compounding
|
Account |
Interest Rate |
APY* |
Min. Balance** |
|
Interest-Bearing Checking |
0.15 % |
0.15 % |
$2,500.00 |
|
N.O.W. Commercial |
0.15 % |
0.15 % |
$2,500.00 |
|
Commercial Savings |
0.25 % |
0.25 % |
$1,000.00 |
|
Commercial Money Market |
$5,000.00 | ||
|
Balances up to $10,000 |
0.25 % |
0.25 % |
|
| Balances $10,000-$24,999 |
0.30 % |
0.30 % |
|
| Balances $25,000-$49,999 |
0.35 % |
0.35 % |
|
|
Balances $50,000 Over |
0.40 % |
0.40 % |
|
*Annual Percentage Yield
**Minimum Balance is required to avoid Service Charges/ Maintenance Fees
Note: Rates may change at any time without prior notice. Fees may reduce earnings.