Preferred Investment Account
Designed for the investor who desires a high rate of
return with the advantages of accessibility without
penalty for early withdrawal.
- Checks available
- Interest accrued on daily collected balance and
paid monthly.
- Variable tiered interest rates (the greater the
balance the greater the rate!).
| Minimum
Balance |
Rate |
APY* |
Minimum
Withdrawal |
| $0 - 14,999 |
0.20% |
0.20% |
$1,000 |
| $15,000 - 24,999 |
0.75% |
0.75% |
$1,000 |
| $25,000 - 99,999 |
1.49% |
1.50% |
$1,000 |
| $100,000 - 249,999 |
1.74% |
1.75% |
$1,000 |
| $250,000+ |
1.98% |
2.00% |
$1,000 |
- $10 monthly fee if balance
falls below $15,000 minimum.
- Withdrawals and transfers
to another personal or third party account are limited
to 6 per month, as prescribed by federal regulation.
This includes pre-authorized or automatic transfers
by Telephone Teller, Online Banking, or ATM.
- Service charges may reduce earnings
on accounts. Contact
us for further details.
Get great rates and a lower
minimum balance with the Insured
Investment Account
*Annual Percentage Yield (APY)
|
