 |
DEPOSIT RATES (as of February 1, 2012) |
|
Current Deposit Rates
- Interest rates are determined by Bank management.
- The Annual Percentage Yield assumes interest will remain on deposit.
- Interest Rate and APY on variable rate accounts may change after the account is opened as rates are subject to change daily.
- First Bank Richmond will not accept deposits outside our local market area unless the customer has a prior business relationship.
Annual Percentage Yields (APY) posted on this schedule are current as of this date. |
| FIX RATE CDs |
| |
Min.Balance |
Rate |
APY |
| 3 Month |
5,000 |
0.24% |
0.25% |
| 6 Month |
5,000 |
0.49% |
0.50% |
| 1 Year |
500 |
0.79% |
0.80% |
| 18 Month |
500 |
0.99% |
1.00% |
| 2 Year |
1,000 |
1.09% |
1.10% |
| 30 Month |
1,000 |
1.09% |
1.10% |
| 3 Year |
1,000 |
1.48% |
1.50% |
| 4 Year |
1,000 |
1.98% |
2.00% |
| 5 Year |
1,000 |
2.22% |
2.25% |
|
|
| IRA ACCOUNTS |
| |
Min.Balance |
Rate |
APY |
| 2 Year |
1,000 |
1.09% |
1.10% |
| 3 Year |
1,000 |
1.48% |
1.50% |
| 4 Year |
1,000 |
1.98% |
2.00% |
| 5 Year |
1,000 |
2.22% |
2.25% |
| 7 Year |
1,000 |
2.46% |
2.50% |
18 Month
Variable |
1,000 |
1.74% |
1.76% |
Statement
Savings |
20.00 |
0.49% |
0.50% |
| |
|
|
|
| ESCALATOR
CDs |
| |
|
|
|
|
|
|
|
| |
|
Rate |
APY |
|
Escalating Rate |
Rate |
APY |
| 3 Year |
1,000 |
0.50% |
0.50% |
|
Series EE Rate |
0.60% |
0.60% |
| 5 Year |
1,000 |
0.75% |
0.75% |
|
Series EE + 1/4% |
0.85% |
0.85% |
| 7 Year |
1,000 |
1.00% |
1.00% |
|
Series EE + 1/2% |
1.10% |
1.11% |
| 10 Year |
1,000 |
1.50% |
1.51% |
|
Series EE + 1% |
1.60% |
1.61% |
| Rate will change semi-annually on June 1st and December 1st after Series EE bond rate adjustments |
| CHECKING and
SAVINGS ACCOUNTS |
|
| |
Rate |
APY |
Balance |
|
|
Rate |
APY |
Balance |
| First Choic Plus |
0.24% |
0.25% |
$500 + |
|
First Choice Elite |
0.24% |
0.25% |
$0 - 4,999 |
| |
|
|
|
|
0.49% |
0.50% |
$5,000 - 14,999 |
| Statement Savings |
0.49% |
0.50% |
any |
|
0.74% |
0.75% |
$15,000 - 49,999 |
| |
|
|
|
|
0.99% |
1.00% |
50,000 + |
| HSA Checking |
|
|
|
|
Money Market |
Rate |
APY |
Balance |
| 0.49% |
0.50% |
$0 - 499 |
|
0.49% |
0.50% |
$0 - $24,999 |
| 0.99% |
1.00% |
$500 - 2,499 |
|
0.74% |
0.75% |
$25,000 - $99,999 |
| 1.48% |
1.50% |
$2,500 - 4,999 |
|
0.99% |
1.00% |
$100,000 - $999,999 |
| 1.98% |
2.00% |
$5,000 + |
|
0.74% |
0.75% |
$1,000,000 + |
| BUSINESS
CHECKING |
| |
Rate |
APY |
Balance |
|
|
Credit |
Balance |
| Sole Proprietor & Community
Companion Checking |
0.00% |
0.00% |
$0 - 499 |
|
First Business Analysis Checking |
0.13% |
$0 - 4,999 |
| 0.14% |
0.15% |
$500 - 4,999 |
|
0.25% |
$5,000 - 14,999 |
| 0.19% |
0.20% |
$5,000 - 9,999 |
|
0.38% |
$15,000 - 49,999 |
| 0.24% |
0.25% |
$10,000 + |
|
0.50 % |
$50,000 + |
| |
|
|
|
|
|
Rate |
APY |
Balance |
| First Business Select Plus
Checking |
0.00% |
0.00% |
$0 - 24,000 |
|
Estate Checking |
0.00% |
0.00% |
$0 - $4,999 |
| 0.14% |
0.15% |
$25,000 - 49,999 |
|
0.14% |
0.15% |
$5,000 - $14,999 |
| 0.19% |
0.20% |
$50,000 - 74,999 |
|
0.19% |
0.20% |
$15,000 - $24,999 |
| 0.24% |
0.25% |
$75,000 + |
|
0.24% |
0.25% |
$25,000 + |
|
|
2012-2013 Community Pride CD Results:
|
| Date (as of) |
Level |
Centerville |
Hagerstown
|
Lincoln
|
Northeastern
|
Richmond |
Seton |
| 02-01 |
1 |
1.50% |
1.20% |
1.30% |
1.20% |
1.60% |
1.00% |
| 02-01 |
2 |
1.75% |
1.45% |
1.55% |
1.45% |
1.85% |
1.25% |
| 02-01 |
3 |
2.00% |
1.70% |
1.80% |
1.70% |
2.10% |
1.50% |
2012-2013 Community Pride CD
| Level | Dollar Range | Starting APY |
| 1 | $100.00 - $499.99 |
0.50% |
| 2 | $500.00 - $9,999.99 |
0.75% |
| 3 | $10,000 or more |
1.00% |
|
|
|
|
| Fees, service charges and withdrawals may reduce earnings. Early withdrawal penalties may be assessed on all certificates of deposit. Contact an employee for further information regarding applicable fees and terms. A complete account disclosure is available for all accounts. The Annual Percentage Yield assumes interest will remain on deposit. Interest rate and APY on variable rate accounts may change after the account is opened as rates are subject to change at any time. The minimum balances listed above are required to open the account and to obtain the stated Annual Percent Yield.
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