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CD & IRA Rates
Rates effective as of July 15, 2008
Certificates of Deposit
Term |
Min. Balance |
APY* |
| 31 Days |
$2,500.00 |
0.75% * |
| 91 Days |
$2,500.00 |
2.50% * |
| 6 Month |
$2,500.00 |
3.02% * |
| 1 Year |
$1,000.00 |
3.30% # |
| 15 Month |
$5,000.00 |
3.50% # |
| 2 Years |
$1,000.00 |
3.80% # |
| 4 Years |
$1,000.00 |
4.40% # |
| 6 Years |
$1,000.00 |
4.80% # |
IRAs
Savings |
Min. Balance |
APY* |
| 18 Months |
$100.00 |
3.30% # |
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All the above certificates of deposit are available in IRAs.
* The annual percentage yield (APY) assumes that the initial deposit and interest is rolled over for a year's time. A withdrawal will reduce earnings.
# The annual percentage yield (APY) assumes that interest remains on deposit until maturity. A withdrawal will reduce earnings.
A penalty may exist for early withdrawal of initial deposit on all certificates of deposit accounts and IRAs.
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Copyright 2004, Great Midwest Bank
