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ODIN STATE BANK INTEREST RATES

 

 

Effective: February 5, 2015

SPECIAL! 18 MONTH IRA CD RATE = 1.00%   APY 1.00%   $500.00 Minimum *See Below

SPECIAL! 18 MONTH CD RATE = 0.75%   APY 0.75%   $2,500.00 Minimum  **See Below

Account Type

Minimum Opening Balance

Minimum Balance To Obtain APY

Interest
Rate

Annual Percentage
Yield (APY)

91 Day Certificate

$2500

    $2500   0.15%0.15%
     
     
     
182 Day Certificate-Tier 1

 $500

$500

0.25%

0.25%
182 Day Certificate-Tier 2

$10000

   $10000   0.30%0.30%
     
     
     
One Year Certificate-Tier 1

 $500

      $500   0.30%0.30%
One Year Certificate-Tier 2

$10000

   $10000   0.50%0.50%
     
     
Two Year Certificate-Tier 1

 $500

      $500   0.75%

0.75%

Two Year Certificate-Tier 2

$10000

   $10000   1.00%1.00%
     
     
Three Year Certificate-Tier 1

 $500

      $500   1.00%1.00%
Three Year Certificate-Tier 2

$10000

   $10000   1.25%1.26%
     
     
Four Year Certificate-Tier 1

 $500

      $500   1.25%1.25%
Four Year Certificate-Tier 2

$10000

   $10000   1.50%1.51%
     
     

IRA/KEOGH Accounts
Three Year Certificate

*Special 18 Month IRA CD

     $500

     $500

      $500

      $500

   1.25%

   1.00%

 1.25%

  1.00%

ODIN STATE BANK CERTIFICATE SPECIALS
SEVEN (7) MONTH - $2,500 Minimum Rate = 0.40%    APY = 0.40%
**

EIGHTEEN (18) MONTH - $2,500 Minimum Rate = 0.75%  APY= 0.75%

THIRTY (30) MONTH - $2,500 Minimum Rate = 1.00%     APY = 1.00%

Early Withdrawal Penalties: Deposits of 91 days to one year - One months interest

Deposits of more than one year - Three months interest.

 

Account Type

Minimum Opening Balance

Minimum Balance To Obtain APY

Interest
Rate

Annual Percentage
Yield (APY)

Money Market Account-Over    $2500    $2500   0.15% 0.15%
Money Market Account-Under   $2500     $100   0.10% 0.10%
N.O.W. Checking    $1000      $10   0.10% 0.10%
Passbook Savings      $10      $10   0.15% 0.15%

 "Rates may change after account is opened.   Fees could reduce earnings."

For Further information on fees and terms, please Contact Us to speak to a bank employee.

PREMIUM MONEY MARKET ACCOUNT

This account is designed for larger depositors. It offers higher interest rates than our regular savings and money market accounts for larger deposits. Rates effective as of  February 5, 2015 are as follows:

Account Type

Minimum Opening Balance

 Balance Needed To Obtain APY

Interest
Rate

Annual Percentage
Yield (APY)

Money Market Account-Tier 1$2,500.00$2,500.00 to $25,000.00  .15%   .15%
Money Market Account-Tier 2$2,500.00$25,000.01 to $50,000.00  .20%  .20%
Money Market Account-Tier 3$2,500.00$50,000.01 to $100,000.00  .30%   .30%
Money Market Account-Tier 4$2,500.00$100,000.01 to $250,000.00  . 45%  .45%
Money Market Account-Tier 5$2,500.00$250,000.01 and over   .65%

 .65%

Interest calculated using daily balance method and paid and compounded monthly.

Transaction Limitations: Transfers from a Premium Money Market Deposit Account or to a third party by preauthorized, automatic or telephone transfers are limited to six (6) per month.

Bank will provide starter kit of 50 free checks to all new account openings.

"Rates may change after account is opened."

 

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