Personal Banking Click to go to Business Banking
Return to the Home Page
About Us Contact Us
Locations Current Rates


Home 

 

Check out our Calculators

Check Out Our Business Products

 

:: Deposit Rates

Rates Effective as of March 25, 2004

:: Checking, Saving, and Special Money Fund
  APY Minimum Balance Required to Open & Earn APY
Checking
Easy Free
0.00%
n/a
Basic Checking
0.00%
n/a
NOW Account
0.10%
$100
Minuteman Checking
0.20%
$100
Advantage 50
0.20%
$100
Savings
Passbook Savings
0.50%
$10
IRA Passbook
0.50%
$10
Statement Savings
0.50%
$10
Special Money Fund
 
0.50%
$0 - 24,999.99
 
0.55%
$25,000 - 49,999.99
 
1.25%
$50,000 - 74,999.99
  1.64% $75,000 or more

:: CDs and IRAs

Interest Rates and Annual Percentage Yield ("APY")
Effective as of February 26, 2004.

:: Fixed Rate Term Deposit Certificates ("CD")
TERM INTEREST RATE
APY
3 Months 1.00% 1.00%
6 Months 1.24% 1.25%
9 Months 1.49% 1.50%
12 Months 1.49% 1.50%
14 Months 1.73% 1.75%
19 Months 1.98% 2.00%
24 Months 2.18% 2.20%
30 Months 2.96% 3.00%
36 Months 2.96% 3.00%
60 Months 3.44% 3.50%

Minimum balance required to open & earn APY is $1,000.00 assumes principal & interest remains on deposit for the entire term. Penalty applies for early withdrawal.


:: Individual Retirement Accounts ("IRA")
TERM INTEREST RATE
APY
Passbook Savings 0.50% 0.50%
12 Month CD 1.49% 1.50%
14 Month CD 1.73% 1.75%
19 Month CD 1.98% 2.00%
24 Month CD 2.18% 2.20%
30 Month CD 3.20% 3.25%
36 Month CD 2.96% 3.00%
60 Month CD 3.44% 3.50%

Minimum balance required to open & earn APY on IRA CDs is $500.00 assumes principal & interest remains on deposit for the entire term. Penalty applies for early withdrawal and fees may reduce earnings.

Passbook savings is a variable rate account subject to change without notice after the account is opened.

 

uptop
 


Log In To Your Online Account Now

 

 
 
MEMBER FDIC/SIM, EQUAL HOUSING LENDER, SUM
© Medford Co-operative Bank - All Rights Reserved