Rate Board
| Certificates of Deposit* | |||
|
Product Name |
Minimum Opening Deposit |
Interest Rate |
APY** |
|
6 Month CD |
$1,000.00 |
2.49% |
2.50% |
| 1 Year CD |
$1,000.00 |
2.48% |
2.50% |
|
2 Year CD |
$1,000.00 |
2.96% |
3.00% |
|
3 Year CD |
$1,000.00 |
3.35% |
3.40% |
|
4 Year CD |
$1,000.00 |
3.40% |
3.45% |
|
5 Year CD |
$1,000.00 |
3.545% |
3.60% |
|
26 Month CD |
$1,000.00 |
3.93% |
4.00% |
|
38 Month CD |
$1,000.00 |
4.27% |
4.35% |
|
50 Month CD |
$1,000.00 |
4.51% |
4.60% |
|
58 Month CD |
$1,000.00 |
4.70% |
4.80% |
*A penalty may be imposed for early withdrawal.
**APY=Annual Percentage Yield
Rates are subject to change at any time without notice.
| Deposit Account Rates | ||||
|
Product Name |
Average Daily Balance Required to Obtain APY** |
Interest Rate |
APY** |
Minimum Opening Balance |
|
Equity Choice
Bonus Checking |
$0 - $2,499.99 |
0.25% |
0.25% |
$50.00 |
|
$2,500.00 - greater |
0.75% |
0.75% |
| |
|
Equity WOW Gold****
|
$0.00-$25,000.00 |
3.69% |
3.75% |
$100 |
|
$25,000.01 and greater |
1.24% |
1.25%***** |
| |
|
Community Checking
|
$0.00 - $4,999.99 |
0.25% |
0.25% |
$100.00 |
|
$5,000.00 and Greater |
0.75% |
0.75% |
| |
|
DBA (Sole Proprietor) |
$1,000.00 |
0.24% |
0.24% |
$100.00 |
|
Premium Savings
|
$0 - $9,999.99 |
0.25% |
0.25% |
$100.00 |
|
$10,000.00 - $24,999.99 |
0.99% |
1.00% |
| |
|
$25,000.00 - $49,999.99 |
0.99% |
1.00% |
| |
|
$50,000.00 - $99,999.99 |
1.39% |
1.40% |
| |
|
$100,000.00 and greater |
1.74% |
1.75% |
| |
|
Savings |
$100.00 |
0.25% |
0.25% |
$100.00 |
|
Fed Funds Money Market***
|
$0.00 - $24,999.99 |
0.25% |
0.25% |
$1000.00 |
|
$25,000.00 - $49,999.99 |
0.99% |
1.00% |
| |
|
$50,000-$99,999.99 |
1.39% |
1.40% |
| |
|
$100,000 and Greater |
1.74% |
1.75% |
| |
|
Equity Gold Money Market
|
$0.00-$24,999.99 |
0.25% |
0.25% |
$1000.00 |
|
$25,000-$49,999.99 |
0.25% |
0.25% |
| |
|
$50,000-$99,999.99 |
0.25% |
0.25% |
| |
|
$100,000 and Greater |
1.24% |
1.25% |
| |
**APY=Annual Percentage Yield
***Accounts with balances $100,000 and over will earn the equivalent of .25% below the current published Federal Funds rate as published in the Wall Street Journal. Accounts with balances $50,000-$99,999.99 will earn the equivalent of .60% below the current published Federal Funds rate as published in the Wall Street Journal. Accounts with balances $25,000-$49,999.99 will earn the equivalent of 1.00% below the current published Federal Funds rate as published in the Wall Street Journal. Accounts with balances $0-$24,999.99 will be subject to current Equity Bank money market rates and are subject to change at any time.
****Equity WOW Gold Account must receive electronic statements. Minimum of 10 electronic items per month to earn the 3.75% APY. The account will revert to 1.25% APY on all balances if 10 electronic items per month are not maintained.
*****The interest rate that will be paid for only that portion of the daily balance that is greater than $25,000 is 1.24%. The annual percentage yield for this tier will range from 1.25% to 3.75% depending on the balance in the account.
Rates are subject to change at any time without notice.
(1) Equity Bank reserves the right to change interest rates and annual percentage rates on any of our accounts, at any time after the account is opened.
(2) Fees could reduce the earnings on the account.
Rates current as of June 16, 2008
