 |
DEPOSIT RATES (as of September 1, 2010) |
| CD Special Rates |
| Term |
Rate |
APY |
| 12 mo |
1.48% |
1.50% |
| 24 mo |
1.98% |
2.00% |
| 36 mo |
2.22% |
2.25% |
|
Penalty for early withdrawal. |
Current Deposit Rates
The following accounts compound monthly unless otherwise noted.
- *Compounds quarterly
- 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 or the deposit is in the amount of $10,000.00 or more.
Annual Percentage Yields (APY) posted on this schedule are current as of this date.
|
| |
Min. Balance |
| 3 Month CD |
5,000 |
| 6 Month CD |
5,000 |
| 1 Year CD |
500 |
| 18 Month CD |
500 |
| 2 Year CD |
1,000 |
| 30 Month CD |
1,000 |
| 3 Year CD |
1,000 |
| 4 Year CD |
1,000 |
| 5 Year CD |
1,000 |
| Rate |
APY |
| 0.74% |
0.75% |
| 1.24% |
1.25% |
| 1.48% |
1.50% |
| 1.73% |
1.75% |
| 1.98% |
2.00% |
| 1.73% |
1.75% |
| 2.22% |
2.25% |
| 2.46% |
2.50% |
| 2.71% |
2.75% |
|
| |
Min. Balance |
| 2 Year CD |
1,000 |
| 3 Year CD |
1,000 |
| 4 Year CD |
1,000 |
| 5 Year CD |
1,000 |
| 7 Year CD |
1,000 |
| 18 Month Variable CD |
1,000 |
| Rate |
APY |
| 1.98% |
2.00% |
| 2.23% |
2.25% |
| 2.47% |
2.50% |
| 2.71% |
2.75% |
| 2.96% |
3.00% |
| 1.74% |
1.76% |
|
|
|
| Min. 1,000 |
Guaranteed Min. |
Based on Series EE Bonds |
Escalating Rate |
| Term |
| 3 Years |
| 5 Years |
| 7 Years |
| 10 Years |
| Rate |
APY |
| 1.35% |
1.36% |
| 1.60% |
1.61% |
| 1.85% |
1.87% |
| 2.35% |
2.38% |
| |
| Series EE rate |
| Series EE + 1/4% |
| Series EE + 1/2% |
| Series EE + 1.0% |
| Rate |
APY |
| 1.40% |
1.41% |
| 1.65% |
1.66% |
| 1.90% |
1.92% |
| 2.40% |
2.43% |
|
Rate will change semi-annually on
June 1 and December 1 after Series EE Bond rate changes. |
| First Choice Plus |
| Rate | APY |
Balance |
| 0.24% |
0.25% |
$500+ |
| Statement Savings |
| 0.99% |
1.00% |
any |
|
|
| First Choice Elite |
| Rate |
APY |
Balance |
| 0.24% |
0.25% |
$0 - $4,999 |
| 0.49% |
050% |
$5,000 - $14,999 |
| 074% |
0.75% |
$15,000 - $49,999 |
| 0.99% |
1.00% |
$50,000 + |
| Health Savings Account |
| Rate |
APY |
Balance |
| 0.49% |
0.50% |
$0 - $499 |
| 0.99% |
1.00% |
$500 - $2,499 |
| 1.48% |
1.50% |
$2,500 - $4,999 |
| 1.98% |
2.00% |
$5,000 + |
| Money Market |
| Rate |
APY |
Balance |
| 0.99% |
1.00% |
$0 - $24,999 |
| 1.24% |
1.25% |
$25,000 - $99,999 |
| 1.48% |
1.50% |
$100,000 - $999,999 |
| 0.99% |
1.00% |
$1,000,000 + |
| First Choic Business |
| Rate | APY |
Balance |
| 0.24% |
0.25% |
$500+ |
| Business First Commercial Earnings Credit |
| 1.00% |
|
|
|
|
2009-2010 Community Pride CD Results:
|
| Date (as of) |
Level |
Centerville
|
Hagerstown
|
Lincoln
|
Northeastern
|
Richmond
|
Seton |
| 03-13 |
1 |
Final 3.40% |
Final 2.30% |
Final 2.70% |
Final 2.50% |
Final 2.90% |
Final 2.20% |
| 03-13 |
2 |
Final 3.65% |
Final 2.55% |
Final 2.95% |
Final 2.75% |
Final 3.15% |
Final 2.45% |
| 03-13 |
3 |
Final 3.90% |
Final 2.80% |
Final 3.20% |
Final 3.00% |
Final 3.40% |
Final 2.70% |
2009-2010 Community Pride CD
| Level | Dollar Range | Starting APY |
| 1 | $100.00 - $499.99 |
1.50% |
| 2 | $500.00 - $9,999.99 |
1.75% |
| 3 | $10,000 or more |
2.00% |
|
The interest rate indicated above are determined by bank management. Interest compounds monthly. The Annual Percentage Yield assumes interest will remain on deposit. Inter rate and APY on variable rate accounts may change after the account is opened as rates are subject to change daily.
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.
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