Deposit Rates
Rates are Effective as of January 15, 2010
| Certificate of Deposit |
| Term |
Minimum Balance |
Interest Rate |
APY |
| 3 month maturity |
$1,000 |
.30% |
.30% |
| 6 month maturity |
$1,000 |
.50% |
.50% |
| 12 month maturity |
$1,000 |
1.00% |
1.00% |
| 18 month maturity |
$1,000 |
1.14% |
1.15% |
| 24 month maturity |
$1,000 |
1.59% |
1.60% |
| 30 month maturity |
$1,000 |
1.29% |
1.30% |
| 36 month maturity |
$1,000 |
1.49% |
1.50% |
| 48 month maturity |
$1,000 |
1.64% |
1.65% |
| 60 month maturity |
$1,000 |
2.23% |
2.25% |
| Money Market Accounts |
| Type |
Balance Requirements |
Interest Rate |
APY |
| Personal Money Market |
$2,000-$24,999
|
.20% |
.20% |
| |
$25,000-$99,999
|
.25% |
.25% |
| |
$100,000 and above
|
.40% |
.40% |
| Commercial Money Market |
$2,000-$24,999
|
.20% |
.20% |
| |
$25,000-$99,999
|
.25% |
.25% |
| |
$100,000 and above
|
.40% |
.40% |
| Savings Accounts |
| Type |
Minimum Balance |
Interest Rate |
APY |
| Statement Savings |
$50 and up |
.15% |
.15% |
| Statement Savings-IRA |
$50 and up |
.15% |
.15% |
| Passbook Savings |
Baltimore Only |
.15% |
.15% |
| Checking Accounts |
| Type |
Minimum Balance |
Interest Rate |
APY |
| NOW Checking |
$250 to $9,999 |
.10% |
.10% |
| NOW Checking |
$10,000-$49,999 |
.10% |
.10% |
| NOW Checking |
$50,000- $74,999 |
.10% |
.10% |
| NOW Checking |
$75,000 and above |
.10% |
.10% |
| IOLTA Checking |
any balance |
1.00% |
1.00% |
| Regular Checking |
N/A |
N/A |
N/A |
Member FDIC
Deposits are federally insured up to $250,000 at this time.
Non-Interest bearing accounts are currently fully insured.
Interest rates and APYs (Annual Percentage Yields) may change after the account is opened.
Rates are subject to change at any time.
Fees could reduce earnings on an account.
Early withdrawal penalties apply for Certificates of Deposit.
For further information please contact or visit your local Colombo Bank Branch Representative.
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