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Certificates of Deposit and IRAs
are a safe and secure way of growing your investment and retirement
funds. Montezuma State Bank offers a variety of terms and options,
from three (3) to sixty (60) months or tailor your investment
plan to meet your exact savings needs.
Contact a MSB officer for current rates, deposit requirements,
and the penalty for early withdrawal. To set up an IRA account,
contact Janice. |
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| Rates Effective: Monday, March 1, 2010 |
| Term |
Minimum Deposit |
Interest Rate |
A.P.Y. |
| 3 Months |
$5,000.00 |
0.30 |
.030 |
| 182 Day |
$2,500.00 |
.85 |
.85 |
| 12 Months |
$1,000.00 |
1.25 |
1.25 |
| 18 Months |
$1,000.00 |
1.35 |
1.35 |
| 30 Months |
$1,000.00 |
1.90 |
1.91 |
| 60 Months |
$1,000.00 |
2.30 |
2.31 |
| 21 Month Special |
$10,000.00 |
1.85 |
1.86 |
| 36 Month RAR |
$5,000.00 |
2.25 |
2.26 |
| 48 Month RAR |
$5,000.00 |
2.25 |
2.26 |
| 12 Month IRA |
$200.00 |
2.00 |
2.01 |
| 36 Month IRA |
$200.00 |
2.50 |
2.52 |
· A.P.Y.
stands for Annual Percentage Yield
·· RAR stands for Raise-A-Rate
··· Penalty for early withdrawal. |
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