Southern Commercial Bank Deposit Rates
As of Sunday, September 07, 2008
|
|
Rates |
APY |
Minimum
to Open |
Minimum to
Earn Interest |
| Certificates |
| 3 Month CD |
1.99% |
2.00% |
$1,000.00 |
$0.00 |
| ****6 Month Premium CD**** |
3.51% |
3.55% |
$5,000.00 |
$0.00 |
| ****6 Month No-Penalty CD**** |
3.31% |
3.35% |
$5,000.00 |
$0.00 |
| 12 Month CD |
3.22% |
3.25% |
$1,000.00 |
$0.00 |
| ****13 Month Premium CD**** |
3.80% |
3.85% |
$5,000.00 |
$0.00 |
| ****13 Month No-Penalty CD**** |
3.61% |
3.65% |
$5,000.00 |
$0.00 |
| 18 Month CD |
3.61% |
3.65% |
$1,000.00 |
$0.00 |
| 24 Month CD |
3.70% |
3.75% |
$1,000.00 |
$0.00 |
| 27 Month CD |
3.80% |
3.85% |
$1,000.00 |
$0.00 |
| 30 Month CD |
3.95% |
4.00% |
$1,000.00 |
$0.00 |
| 36 Month CD |
4.19% |
4.25% |
$1,000.00 |
$0.00 |
| Accounts |
| ****HIGH INDEX ACCOUNT**** |
2.62% |
2.65% |
$25,000.00 |
$25,000.00 |
|
1.00% |
1.00% |
$25,000.00 |
$0.00 |
| Now Checking |
0.50% |
0.50% |
$500.00 |
$0.00 |
| Super Now Checking |
0.75% |
0.75% |
$500.00 |
$0.00 |
| Tiered Money Market |
1.00% |
1.00% |
$500.00 |
$0.00 |
|
1.24% |
1.25% |
$500.00 |
$10,000.00 |
|
2.23% |
2.25% |
$500.00 |
$50,000.00 |
| Savings |
| Tiered Savings |
1.00% |
1.00% |
$100.00 |
$0.00 |
|
1.00% |
1.00% |
$100.00 |
$2,500.00 |
|
1.00% |
1.00% |
$100.00 |
$7,500.00 |
A penalty may be charged for early withdrawal of a
Certificate of Deposit except for the No Penalty CD.
For the No Penalty CD no withdrawals are permitted during the
first seven days of deposit.
APY = Annual Percentage Yield
Rates may change after account is opened on Savings, Now, SuperNow & Money Market
Fees could reduce earnings
