Current Rates

Sound Bank Interest Rate Sheet
Effective Date: January 26, 2015

**Rates subject to change without notice
 

 

Interest Rate

Annual Percentage Yield

Certificates of Deposit- (Requires an opening deposit of $500.00)

3 Months

0.100%

0.100%

6 Months

0.149%

0.150%

9 Months

0.199%

0.200%

1 Year

0.249%

0.250%

18 Months

0.299%

0.300%

2 Years

0.399%

0.400%

3 Years

0.499%

0.500%

4 Years

0.599%

0.600%

5 Years

0.699%

0.700%

Early withdraw penalties may be assessed

 

 

Premier Money Market Accounts (accounts must be opened with new funds)

Balances > $50,000

0.199%

0.200%

Less than $10,000 > $49,999

0.0995%

0.100%

Balances < $9,999

0.049%

0.050%

 

 

Personal and Business Money Market Investment Accounts (Requires an opening deposit of $100.00)

Balances > $500,000

0.199%

0.200%

Less than $500,000 > $200,000

0.199%

0.200%

Less than $200,000 > $100,000

0.199%

0.200%

Less than $100,000 > $50,000

0.199%

0.200%

Less than $50,000 > $10,000

0.095%

0.100%

Less than $10,000 > $1,000

0.049%

0.050%

Balances < $1,000

0.049%

0.050%

 

 

Savings Deposits (Requires an opening deposit of $100.00 for a Regular Savings Account and an opening deposit of $10.00 for a Minor Savings Account)

0.099%

0.100%

 

 

 

 

 

 

Sound Advantage Checking  (Requires an opening deposit of $100.00)

Balances > $100,000

0.100%

0.100%

Less than $99,999 > $50,000

0.100%

0.100%

Less than $49,999 > $10,000

0.100%

0.100%

Less than $9,999 > $1,000

0.050%

0.050%

Balances < $1,000

0.00%

0.00%

 

 

Fees may reduce earnings. Annual Percentage Yield assumes interest remains on deposit. Interest Rates are subject to change at the discretion of Sound Bank with no advance notice.

Copyright © 2014 by Sound Banking Company
Equal Housing Lender | Member FDIC

FDIC Insured & Equal Housing Lender