Deposit Rates
Interest Rates and Annual Percentage Yields ( APY ) are as of
Friday, May 9, 2008
Genesis Account
- Interest-bearing checking account designed especially for churches and other 501(C) (3) non-profit organizations.
| MINIMUM BALANCE | APY | INTEREST RATE |
| $2,500 - $24,999 |
0.50% |
0.50% |
| $25,000 - $49,999 |
1.00% |
1.00% |
| $50,000 - $249,999 |
1.51% |
1.50% |
| $250,000 - $499,999 |
1.76% |
1.75% |
| $500,000 - $999,999 |
2.02% |
2.00% |
| $1,000,000 and up |
2.53% |
2.50% |
** $10 monthly service fee if the minimum daily balance falls below $2,500 at any time during the statement cycle
Now Accounts
- Minimum daily balance $1,000 to earn APY
- Interest is compounded monthly and credited monthly
- Rates subject to change
- Fees could reduce earnings
| MINIMUM BALANCE | APY | INTEREST RATE |
| $1,000 to 24,999 | 0.30% | 0.30% |
| $25,000 to $49,999 | 0.40% | 0.40% |
| $50,000 and up | 0.50% | 0.50% |
Sterling Lifestyle Club Accounts
- Minimum daily balance $1 to earn APY
- Interest is compounded monthly and credited monthly
- Rates subject to change
- Fees could reduce earnings
| MINIMUM BALANCE | APY | INTEREST RATE |
| $1 to $24,999 |
0.50% |
0.50% |
| $25,000 to $49,999 |
1.00% |
1.00% |
| $50,000 to $249,999 |
1.25% |
1.25% |
| $250,000 to $499,999 |
1.51% |
1.50% |
| $500,000 to $999,999 |
1.76% |
1.75% |
| $1,000,000 and up |
2.12% |
2.10% |
Statement Savings
- Minimum daily balance $50 to earn APY
- Interest is compounded daily and credited quarterly
- Rates subject to change
- Fees could reduce earnings
| MINIMUM BALANCE | APY | INTEREST RATE |
| $50.00 | 0.50% | 0.50% |
Kid's Statement Savings
- Minimum daily balance $1 to earn APY
- Interest is compounded daily and credited quarterly
- Rates subject to change
| MINIMUM BALANCE | APY | INTEREST RATE |
| $1.00 |
1.25% |
1.25% |
Atlantic Money Market Accounts (AMMA)
- Minimum daily balance $1,500 to earn APY
- Interest is compounded monthly and credited monthly
- Rates subject to change
- Fees could reduce earnings
| MINIMUM BALANCE | APY | INTEREST RATE |
| $1500.00 |
0.40% |
0.40% |
Premium Growth Accounts (PGA)
- Minimum daily balance $1.00 to earn APY
- Tiered money market
- Interest is compounded and credited monthly
- Rates subject to change
- Fees could reduce earnings
| MINIMUM BALANCE | APY | INTEREST RATE |
| $1 to $24,999 |
0..50% |
0.50% |
| $25,000 to $49,999 |
0.75% |
0.75% |
| $50,000 to $249,999 |
1.00% |
1.00% |
| $250,000 to $499,999 |
1.25% |
1.25% |
| $500,000 to $999,999 |
1.51% |
1.50% |
| $1,000,000 and up |
2.02% |
2.0% |
IRA Variable Rate Savings
- Minimum daily balance $50 to earn APY
- Interest is compounded daily and credited quarterly
- Rates subject to change
- Preauthorized transfers from the account are not permitted
- See your IRA or other tax qualified plan disclosure
| MINIMUM BALANCE | APY | INTEREST RATE |
| $50.00 |
0.40% |
0.40% |
Christmas / Holiday Clubs
- Minimum daily balance $2 to earn APY
- Simple interest paid at completion of club
- Interest rate may change at renewal
- Interest is forfeited if closed prior to maturity
- Fees may reduce earnings
| MINIMUM BALANCE | APY | INTEREST RATE |
| $2.00 | 0.50% | 0.50% |
Certificates of Deposit
SPECIAL 15 Month CD offer
- Minimum daily balance $500 to earn APY
- Early withdrawal penalties may apply
- Not to be combined with any other offers including Sterling add on rate
- Interest is compounded daily and credited semi-annually
| TERM |
APY |
INTEREST RATE |
| 15 Months |
2.33% |
2.30% |
Power Flex CD Rates for existing Power Flex CD Customers
- Minimum daily balance $10,000 to earn APY
- Rate may be increased one time during the term at customer's option
- Early withdrawal penalties may apply
- Interest is compounded daily and credited semi-annually
- Interest rate may vary
| TERM |
APY |
INTEREST RATE |
| 20 Month |
1.56% |
1.55% |
| 30 Month |
1.71% |
1.70% |
Power Certificates of Deposit
- Minimum daily balance $500 to earn APY
- Rate may be increased one time during the term at customer's option
- Early withdrawal penalties may apply
- Additional deposit may be added to the certificate one time during the term at customer's option
- Additional deposit may be equal to but no greater than the initial deposit
- Interest rate may vary
- Interest is compounded daily and credited semi-annually
| TERM | APY | INTEREST RATE |
| 18 - 23 months |
2.28% |
2.25% |
| 24 - 35 months |
2.50% |
2.47% |
| 36 - 47 months |
2.50% |
2.47% |
| 48 - 60 months |
2.78% |
2.75% |
Certificates of Deposit
- Minimum daily balance $500 to earn APY
- Certificates 30 days through 364 days - simple interest paid at maturity
- Certificates 12 - 60 months interest is compounded daily and credited semi-annually
- Early withdrawal penalties may apply
| TERM | APY | INTEREST RATE |
| 30 - 89 days | 0.40% | 0.40% |
| 90 - 179 days | 0.50% | 0.50% |
| 180 - 364 days |
1.76% |
1.75% |
| 12 - 17 months |
2.12% |
2.10% |
| 18 - 23 months |
1.76% |
1.75% |
| 24 - 35 months |
1.99% |
1.97% |
| 36 - 47 months |
1.99% |
1.97% |
| 48 - 60 months |
2.27% |
2.25% |
IRA Power Certificates of Deposit
- Minimum daily balance $500 to earn APY
- Rate may be increased one time during the term at customer's option
- Early withdrawal penalties may apply
- Interest rate may vary
- Interest is compounded daily and credited semi-annually
- See your IRA or other tax qualified plan disclosure
| TERM | APY | INTEREST RATE |
| 18 - 23 months |
1.86% |
1.85% |
| 24 - 35 months |
3.92% |
3.85% |
| 36 - 47 months |
2.79% |
2.75% |
| 48 - 60 months |
3.04% |
3.00% |
IRA Certificates of Deposit
- Minimum daily balance $500 to earn APY
- Certificates 30 days through 364 days - simple interest paid at maturity
- Certificates 12 - 60 months interest is compounded daily and credited semi-annually
- Early withdrawal penalties may apply
- See your IRA or other tax qualified plan disclosure
| TERM | APY | INTEREST RATE |
| 30 - 89 days | 0.40% | 0.40% |
| 90 - 179 days | 0.50% | 0.50% |
| 180 - 364 days |
1.76% |
1.75% |
| 12 - 17 months |
2.12% |
2.10% |
| 18 - 23 months |
1.86% |
1.85% |
| 24 - 35 months |
2.37% |
2.35% |
| 36 - 47 months |
2.28% |
2.25% |
| 48 - 60 months |
3.04% |
3.00% |
Compounding and Crediting Methods for Certificate of Deposits
Interest on Certificates of Deposit with terms under 12 months earn simple interest which is credited at maturity.
Interest on Certificates of Deposit with terms of 12 months or more is compounded daily and credited at least semi-annually.
Terms for Optional Crediting of Interest
$2,500 minimum - Credit interest to a transaction or savings account, monthly, quarterly, semi-annually, annually or at maturity*.
$5,000 minimum - Receive interest in a check form or credited to a transaction or savings account, monthly, quarterly, semi-annually, annually or at maturity*.
*Interest must be credited at least semi-annually for CD's with terms of 12 months or longer.