CornerStone State Bank Interest Rates
Effective: 05/01/2008
| Interest Bearing Accounts - Compounded Monthly |
| |
$0.01 to $24,999.99 |
$25,000 to $74,999.99 |
$75,000+ |
Minimum Deposit Requirement to Open Account |
Account Type |
Rate |
APY |
Rate |
APY |
Rate |
APY |
| $500.00 |
Mainstreeter Checking |
0.20% |
0.20% |
0.75% |
0.75% |
1.65% |
1.66% |
| $600.00 |
NOW Checking |
0.20% |
0.20% |
0.75% |
0.75% |
1.65% |
1.66% |
| $600.00 |
Club, Gold Checking, Type 90 |
0.25% |
0.25% |
0.90% |
0.90% |
1.75% |
1.76% |
| $15000.00 |
VIP Checking |
0.50% |
0.50% |
1.20% |
1.21% |
1.70% |
1.71% |
| $1000.00 |
Money Market Savings |
1.10% |
1.11% |
1.80% |
1.81% |
2.15% |
2.17% |
| $15000.00 |
VIP Money Market Savings |
1.40% |
1.41% |
1.90% |
1.92% |
2.25% |
2.27% |
| |
| Interest Bearing Accounts - Compounded Quarterly |
| |
$0.01 to $24,999.99 |
$25,000 to $74,999.99 |
$75,000+ |
Minimum Deposit Requirement to Open Account |
Account Type |
Rate |
APY |
Rate |
APY |
Rate |
APY |
| $50.00 |
Regular Savings |
0.50% |
0.50% |
1.30% |
1.31% |
1.50% |
1.51% |
| $10.00 |
Minor Savings |
0.50% |
0.50% |
1.30% |
1.31% |
1.50% |
1.51% |
| $2500.00 |
VIP Savings |
0.60% |
0.60% |
1.40% |
1.41% |
1.85% |
1.86% |
| $50.00 |
IRA |
2.00% |
2.02% |
2.30% |
2.32% |
2.45% |
2.47% |
| $10.00 |
Non-Profit |
0.50% |
0.50% |
1.10% |
1.10% |
1.55% |
1.56% |
| $5.00 |
Christmas Club Account |
2.25% |
2.27% |
|
|
|
|
| |
| Certificates of Deposit (C.D.) - Compounded Quarterly |
| |
$0.01 to $24,999.99 |
$25,000 to $74,999.99 |
$75,000+ |
Minimum Deposit Requirement to Open Account |
Account Type |
Rate |
APY |
Rate |
APY |
Rate |
APY |
| $1000.00 |
91-Day C.D. |
1.75% |
1.76% |
1.90% |
1.91% |
2.05% |
2.07% |
| |
| Certificates of Deposit (C.D.) - Compounded Semi-Annually |
| |
$0.01 to $24,999.99 |
$25,000 to $74,999.99 |
$75,000+ |
Minimum Deposit Requirement to Open Account |
Account Type |
Rate |
APY |
Rate |
APY |
Rate |
APY |
| $1000.00 |
182 Day C.D. |
2.05% |
2.06% |
2.10% |
2.11% |
2.25% |
2.26% |
| $500.00 |
12 - 23 Month C.D. |
2.40% |
2.41% |
2.45% |
2.47% |
2.60% |
2.62% |
| $500.00 |
24 - 35 Month C.D. |
2.50% |
2.52% |
2.50% |
2.52% |
2.65% |
2.67% |
| $500.00 |
36 - 48 Month C.D. |
2.75% |
2.77% |
2.75% |
2.77% |
2.85% |
2.87% |
| $500.00 |
60 Month C.D. |
2.75% |
2.77% |
2.75% |
2.77% |
2.85% |
2.87% |
| $500.00 |
IRA 3-Year C.D. |
2.90% |
2.92% |
2.90% |
2.92% |
3.20% |
3.23% |
| | |