Certificate
of Deposit Account Details
Current Annual Percentage Yields/Interest Rates are
available by contacting Signature Bank at (970) 674-3600.
The minimum balance to open and maintain a CD is $500
unless otherwise noted.
Certificates of Deposit
Available for terms beginning at 30 days through 48
months.
Individual Retirement Accounts
(IRA, SEP, ROTH)
Available for terms beginning at 181 days through 48
months. Minimum balances for retirement accounts are
only $1.
Interest rates
and APY’s are effective as of
December 17, 2008 and
are subject to change without notice.
| Certificates
of Deposit & Retirement Accounts |
| |
|
|
Term |
Annual
Percentage Yield |
Interest
Rate |
| 30 Day |
1.760% |
1.750% |
| |
|
|
| 6 Month |
2.270% |
2.250% |
| 12 Month Signature Add On CD |
2.520% |
2.500% |
| Minimum to open a Signature Add On
CD is $100. Non-retirement account offering. |
| |
|
|
| 12 – 17 Month CD |
3.030% |
3.000% |
| |
|
|
| 18 – 23 Month CD |
3.390% |
3.350% |
| |
|
|
| 24 – 35 Month CD |
3.390% |
3.350% |
| |
|
|
| 36 – 48 Month CD |
3.390% |
3.350% |
| |
|
|
The Annual Percentage Yield assumes
interest will remain on deposit until maturity. Interest
is posted quarterly to all CD’s. Other
interest options are available but may reduce overall
earnings. Interest is paid at maturity on terms
under 90 days. Interest rates are guaranteed
for the current term. We use the daily interest
balance method to calculate the interest on your
account/CD. This method applies a daily periodic
rate to the principal in the account each day. |
| |
| Early withdrawal penalties apply. |
| |
| CD’s automatically renew at
maturity at the interest rate we offer for deposits
of the equivalent amount and term. |
| |
| Fees could reduce earnings on accounts. |
| |
| All Retirement CD’s can receive
additional deposits throughout their term. |
| |
| For additional information please
refer to our Truth in Savings Disclosure. |
| |
|
