Deposit Rates
Effective date: 1/06/10
Annual Percentage yield (APY) is accurate as of 1/06/10
| Type of Account | Minimum Balance to Earn APY |
Interest Rate | APY |
| 3-Month CD | $500.00 | .40% | .40% |
| Youth 6-Month CD (Primary owner must be under age 18) | $75.00 | .75% | .75% |
| 6-Month CD | $500.00 | .75% | .75% |
| 12-Month CD | $500.00 | .99% | 1.00% |
| 2-Yr CD | $500.00 | 1.49% | 1.50% |
| 3-Yr CD | $500.00 | 2.13% | 2.15% |
| 4-Yr CD | $500.00 | 2.57% | 2.60% |
| 5-Yr CD | $500.00 | 2.86% | 2.90% |
| 18-Month IRA/SEP CD | $500.00 | 1.24% | 1.25% |
| 30-Month IRA/SEP CD | $500.00 | 1.83% | 1.85% |
| IRA/SEP Savings - Variable Rate | $25.00 | 0.35% | 0.35% |
| Statement Savings* - Variable Rate | $50.00 | 0.25% | 0.25% |
| Youth Statement Savings - Variable Rate ($1.00 minimum to open account) |
$4.00 | 0.25% | 0.25% |
| Savers Club - Variable Rate | $2.00 | 0.25% | 0.25% |
| Money Market Account* - Variable Rate ($1000.00 Minimum to Open Account) | $1.00 | 0.25% | 0.25% |
| Money Market Account* - Variable Rate ($1,000.00 Minimum to Open Account) | $10,000.00 | 0.40% | 0.40% |
| Money Market Account* - Variable Rate ($1,000.00 Minimum to Open Account) | $50,000.00 | .60% | .60% |
| Money Market Account* - Variable Rate ($1,000.00 Minimum to Open Account) | $100,000.00 | .85% | .85% |
| Bonus Benefits* and Premium* Plus Checking Accounts - Variable Rate ($25.00 Minimum to Open Account) | $1.00 | 0.10% | 0.10% |
| Partnership Banking Checking ($500.00 Minimum to Open Account) |
$ 500.00 | 0.10% | 0.10% |
| Partnership Banking Account ($500.00 Minimum to Open Account) |
$ 10,000.00 | 0.20% | 0.20% |
| Health Savings Account Checking* - Variable Rate ($25.00 minimum to open account) |
$1.00 | 0.50% | 0.50% |
| Health Savings Account Checking* - Variable Rate ($25.00 minimum to open account) |
$1,000.00 | .75% | .75% |
| Health Savings Account Checking* - Variable Rate ($25.00 minimum to open account) |
$5,000.00 | .99% | 1.00% |
| Health Savings Account Checking* - Variable Rate ($25.00 minimum to open account) |
$15,000.00 | 1.24% | 1.25% |
| Reward Checking ** (personal accounts only) |
$0.00 | 0.10% | 0.10% + |
| Reward Checking ** (personal accounts only) |
$0.00- $25,000 | 2.23% | 2.25% + |
| Reward Checking ** (personal accounts only) |
above $25,000 | 0.40% | 0.40% + |
Certificates of Deposit are available as Individual Retirement Account. Deposits of $250 or more may be added during the term to all new and renewed IRA/SEP CDs. For IRAs, the minimum amount you can deposit is designated in your IRA disclosure.
A penalty may be imposed for early withdrawal of certificates of deposit, including IRAs/SEPs invested in certificates of deposit.
The rate may change on variable rate deposit products after the account is opened.
*Fees could reduce the earnings on the account.
**The following requirements must be met each monthly activity cycle to earn APY:
- Access online banking at least once
- Receive your monthly statement electronically
- One direct deposit or ACH auto debit transaction
- Make at least ten (10) Debit Card transactions (excluding ATM transactions)
**The qualification cycle will begin on the 3rd Thursday of the month and will run through the 3rd Wednesday of the of the following month. Your statement cycle will end on the 3rd Thursday of each month.
+ 2.25% APY paid on balances $0-$25,000. and 0.40% APY paid on all amounts above $25,000 each cycle the minimum requirements are met. If you do not meet the requirements during a given cycle, you will earn the Base Rate of 0.10% APY.
$25.00 minimum to open account all checking accounts.
All rates are subject to change without notice.
Please contact a customer service representative for further information.
Passumpsic Savings Bank • PO Box 38 • St. Johnsbury,VT 05819 • tel: (800) 370-3196
telebanking toll free (800) 581-1905; telebanking local (802) 751-4250
Copyright © Passumpsic Savings Bank, 2007
