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Sugar River Bank

CD & IRA Rates

Rates effective: July 18, 2018

Certificates of Deposit

Minimum Deposit to Open Account and to Obtain APY* Term Interest Rate Annual Percentage Yield (APY*) Additional Deposit Monthly
$500.00  6 months  .21%  .21%  $0
 $500.00     1 Year .35%  .35%   $0
 $500.00    2 Years  .58%  .58%  $0
 $500.00    3 Years .95% .95% $0
 $500.00     4 Years 1.05%  1.05%  $0
 $500.00    5 Years 1.21%  1.22%  $0
$500.00   30 Months .65%  .65%  $0
$500.00 
18 Months**
Special 
1.98% 2.00% $0

CDs: Interest is not compounded on CDs under 1 year. Over 1 Year interest is Compounded Monthly.

A penalty may be imposed for early withdrawal.

All Rates are subject to change without notice.

  • Please verify rates by calling your nearest branch office.
  • Additional restrictions may apply for out of area deposits, please call for details.
  • Penalties may reduce earnings.
  • Minimum balance required to obtain Annual Percentage Yield (APY).
  • Monthly interest may be transferred to any Statement account.
  • Interest checks are available from CD's with balances in excess of $10,000.

*Annual Percentage Yield ( APY) is achieved if principal and interest accumulate at the original rate for one year.

**Limited Time Offer.  New Money Required.  Will allow existing funds up to 100% match of new money.


 

IRA Certificates of Deposit

Minimum Deposit to Open Account and to Obtain APY* Term Interest Rate Annual Percentage Yield (APY*) Additional Deposit Minimum
  $10.00 18 Month Variable .07% .07% $10.00
$100.00 1 Year .35% .35% $100.00
$500.00 2 Years .58% .58% $0
$500.00  3 Years .95% .95% $0
  $500.00   4 Years  1.05% 1.05%   $0
  $500.00   5 Years  1.21% 1.22%   $0


A penalty may be imposed for early withdrawal.

  • Penalties may reduce earnings.
  • Minimum balance required to obtain Annual Percentage Yield (APY).
  • Annual Percentage Yield ( APY) is achieved if principal and interest accumulate at the original rate for one year.