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Sugar River Bank

CD & IRA Rates

Rates effective: September 11, 2019

Certificates of Deposit

Minimum Deposit to Open Account and to Obtain APY*TermInterest RateAnnual 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 Years1.05% 1.05% $0
 $500.00   5 Years1.21% 1.21% $0
$500.00  30 Months.65% .65% $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.

 

IRA Certificates of Deposit

Minimum Deposit to Open Account and to Obtain APY*TermInterest RateAnnual Percentage Yield (APY*)Additional Deposit Minimum
  $10.0018 Month Variable.07%.07%$10.00
$100.001 Year.35%.35%$100.00
$500.002 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%1.21%  $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.