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Farmers State Bank of Crosby, N.D.
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Rates

Rates effective as of 08/18/2010

CHECKING RATES

MINIMUM
BALANCE

INTEREST RATE

APY *

 NOW ACCOUNT * **

 $500.00

  .10% 

 .10%

 SUPER NOW ACCOUNT * **

 $2500.00

 .10%

 .10%

*APY = Annual Percentage Yield

 

INVESTMENT ACCOUNTS  * **

MINIMUM DEPOSIT TO OPEN

MINIMUM BALANCE TO OBTAIN APY INTEREST RATE APY *
TIER 1

$2500.00

$0.00 - $2499.99

  .15%

  .15%

TIER 2

$2500.00

$2500.00 - $9999.99

  .15%

  .15%
TIER 3

$2500.00

$10000.00 - $24999.99

  .20%

  .20%
TIER 4

$2500.00

$25000.00 - $49999.99

  .25%

  .25%
TIER 5

$2500.00

$50000.00 - AND OVER

 .30%

  .30%
 

 

 

 

 

 *APY = Annual Percentage Yield

Savings

Minimum Balance

 Interest   Rate

APY*

 PASSBOOK SAVINGS * **

No Minimum

 .15%

.15% 

*APY = Annual Percentage Yield

Certificates ***

Minimum BALANCE

 Interest Rate

APY*

91 DAY

$1000.00

  .35%

 .35%

182 DAY

$1000.00

   .50%

 .50%

12 MONTH

$500.00

  .90%

.90%

24 MONTH

$500.00

1.20%

1.21%

36 MONTH

$500.00

1.70%

1.71%

48 MONTH

$500.00

1.90%

1.91%

60 MONTH

$500.00

2.10%

2.12%

*APY = Annual Percentage Yield

*   Rate May Change After AccountI Is Opened.

**  Fees Can Reduce Earnings On Account.

*** A Substantial Penalty Is Imposed for Early Withdrawal. 

 

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