Savings Account
|
.50% |
Savings Account |
APY = .50% |
There is NO MINIMUM balance required. Interest is paid quarterly and there must be a balance in the account on the date interest is paid.
NOW Account
|
.30% |
NOW Account |
APY = .35% |
A statement showing interest earned from the previous month will be mailed or held at the customer's request on the first of the month. A BALANCE OF $1,000.00 MUST BE MAINTAINED to avoid a $10.00 monthly fee. There is NO LIMIT on the number of deposits and withdrawals on NOW accounts.
Money Market Savings Account
| Rate | APY | Balance Required |
| .70% | APY = .70% | Balance $2,500 - $9,999 |
| .70% | APY = .70% | Balance $10,000 - $24,999 |
| .75% | APY =.75% | Balance $25,000 - $49,999 |
| .90% | APY = .90% | Balance $50,000 and over |
A statement showing interest earned from the previous month will be mailed or held at the customer's request on the first of the month. A notice of current interest rate will be included in the statement. NO INTEREST WILL BE PAID IF THE AVERAGE DAILY BALANCE FOR THE MONTH IS LESS THAN $2,500.00. No passbook is required for deposits and withdrawals.
Premier Money Market Account
| Rate | APY | Balance Required |
| .85% | APY = .85% | Balance $10,000-$49,999 |
| .85% | APY = .85% | Balance $50,000-$74,999 |
| .90% | APY =.90% | Balance $75,000-$99,999 |
| 1.00% | APY = 1.00% | Balance $100,000 and over |
Individual Retirement Account
|
2.25% |
IRA |
APY = 2.26% |
An IRA is a RETIREMENT ACCOUNT on which the TAX-DEFERRED INTEREST is paid semiannually. A MINIMUM DEPOSIT of $500.00 is required to open the IRA and each subsequent deposit must be at least $100.00. Withdrawals are not permitted before the age of 59 1/2 without penalties being assessed as required by law.
For more information, contact Bradford National Bank.
