Southern Commercial Bank Deposit Rates
As
of Thursday, February 23, 2012
|
|
Rates |
APY |
Minimum
to Open |
Minimum to
Earn Interest |
|
Certificates |
| 3 Month CD |
0.20% |
0.20% |
$1,000.00 |
$0.00
|
| ****6 Month Premium CD**** |
0.45% |
0.45% |
$5,000.00 |
$0.00
|
| 12 Month CD |
0.55% |
0.55% |
$1,000.00 |
$0.00
|
| ****13 Month Premium CD**** |
0.60% |
0.60% |
$5,000.00 |
$0.00
|
| 18 Month CD |
0.75% |
0.75% |
$1,000.00 |
$0.00
|
| 24 Month CD |
0.80% |
0.80% |
$1,000.00 |
$0.00
|
| 27 Month CD |
0.90% |
0.90% |
$1,000.00 |
$0.00
|
| 30 Month CD |
1.00% |
1.00% |
$1,000.00 |
$0.00
|
| 36 Month CD |
1.20% |
1.20% |
$1,000.00 |
$0.00
|
| 48 Month CD |
1.40% |
1.40% |
$1,000.00 |
$0.00
|
|
Accounts |
| ****HIGH INDEX ACCOUNT**** |
0.50% |
0.50% |
$25,000.00 |
$25,000.00
|
|
0.25% |
0.25% |
$25,000.00 |
$0.00
|
| Now Checking |
0.15% |
0.15% |
$500.00 |
$0.00
|
| Super Now Checking |
0.20% |
0.20% |
$500.00 |
$0.00
|
| Tiered Money Market |
0.20% |
0.20% |
$500.00 |
$0.00
|
|
0.25% |
0.25% |
$500.00 |
$10,000.00
|
|
0.45% |
0.45% |
$500.00 |
$50,000.00
|
|
Savings |
| Tiered Savings |
0.40% |
0.40% |
$100.00 |
$0.00
|
|
0.40% |
0.40% |
$100.00 |
$2,500.00
|
|
0.40% |
0.40% |
$100.00 |
$7,500.00
|
Rates are subject to change
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
