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Savings Interest Rates

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Personal Savings Account Interest Rates

Account Name Minimum Balance
to Open
Interest Rate Paid on Balance of Interest Rate* APY*+ Description/Special Features
Money Market $1,000 All balances 0.40% 0.40% Standard money market account
Perks Money Market (requires Perks Platinum Checking) $5000 $5000-9999
$10000-24999
$25000-49999
$50000+
0.95%
1.19%
1.74%
1.93%
0.95%
1.20%
1.75%
1.95%
Premium rates for high-balance Perks Platinum Checking members. Tiered interest rates/APY varies based on the daily account balance.
Portfolio Money Market $5,000 $5000-9999
$10000-24999
$25000+
0.95%
1.19%
1.74%
0.95%
1.20%
1.75%
Competitive with money market mutual funds. Tiered interest rates/APY varies based on the daily account balance.
Statement Savings $200 All balances 0.35% 0.35% Basic savings account. No minimum balance required for minors (under 21).

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Fees may apply to accounts that fall below their minimum balance requirement.
*Interest Rates and APY are variable and are subject to change on a daily basis.
**The interest rates and APYs (annual percentage yields) shown above are available as of 08/07/08.
+The Annual Percentage Yield (APY) assumes that the current interest rate will be in effect for one year and that the interest credited remains on deposit. A withdrawal of interest will reduce earnings. Fees could reduce the earnings on these accounts.


Certificates of Deposit

Type of Certificate Minimum Account
Balance
Interest Rate* APY*+ Interest Compounding
91 day CD $1,000 1.79% 1.80% Simple
6 month CD $1,000 2.13% 2.15% Simple
1 year CD $1,000 2.38% 2.40% Quarterly
1 1/2 year CD $1,000 2.38% 2.40% Quarterly
2 year CD $1,000 2.53% 2.55% Quarterly
2 1/2 year Homeownership CD $50, additions - any amount at any time 2.03% 2.05% Quarterly
3 year CD $1,000 2.82% 2.85% Quarterly
4 year CD $1,000 2.97% 3.00% Quarterly
5 year CD $1,000 3.16% 3.20% Quarterly.

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*The interest rates and APYs (annual percentage yields) shown above are available as of 08/07/08.
+The Annual Percentage Yield (APY) assumes that the current interest rate will be in effect for one year and that the interest credited remains on deposit. A withdrawal of interest will reduce earnings. Penalty for early withdrawal.

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