| CORUS BANK INTEREST RATES |
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MEMBER FDIC |
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| Annual
Percentage Yield (APY) in effect as of Mar-14-06 |
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| Please
contact our Telephone Banking Center at 800-555-5710 for additional
information. |
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| Submit an electronic
request for more information. |
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Minimum |
Annual |
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Balance |
Percentage |
Interest |
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to Obtain APY |
Yield |
Rate |
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| CHECKING
AND SAVINGS ACCOUNTS (minimum deposit to open is $50.00) |
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| Low Minimum Interest
Checking |
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$0.01 and over |
0.25% |
0.25% |
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| No Minimum Interest
Checking |
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$0.01 and over |
0.25% |
0.25% |
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| Economy Interest Checking |
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$0.01 and over |
0.25% |
0.25% |
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| 50 Plus Free Interest
Checking |
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$0.01 and over |
0.25% |
0.25% |
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| Direct Deposit Interest
Checking |
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$0.01 and over |
0.25% |
0.25% |
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| Tiered Interest Checking |
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$0.01 - $2,499.99 |
0.25% |
0.25% |
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$2,500.00 and over |
0.50% |
0.50% |
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| Ultimate
Interest Checking |
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$0.01 - $99,999.99 |
0.50% |
0.50% |
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$100,000.00 and over |
4.60% |
4.51% |
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| Interest
Business Checking |
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$0.01 and over |
0.25% |
0.25% |
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| Savings
Account (Statement and Passbook) |
$0.01 and over |
0.50% |
0.50% |
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| PERSONAL AND BUSINESS MONEY MARKET ACCOUNTS
(minimum deposit to open is $100.00) |
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| Managed Money Market Account |
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$0.01 and
over |
4.60% |
4.51% |
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| earn the 91-Day Treasury Bill Discount
Rate |
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0.00% |
0.00% |
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| Ultimate Money Market Account |
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$0.01 and over |
4.60% |
4.51% |
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| Indexed
to the 91-Day Treasury Bill Discount Rate |
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| Classic Money Market
Account |
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$0.01 and over |
0.50% |
0.50% |
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| IRA
MONEY MARKET ACCOUNTS |
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| IRA Managed Money Market Account |
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$0.01 and
over |
4.60% |
4.51% |
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| IRA Money Market Account |
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$0.01 - $9,999.99 |
0.50% |
0.50% |
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| Indexed
to the 91-Day Treasury Bill Discount Rate |
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$10,000.00 and over |
4.60% |
4.51% |
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| FIXED
RATE CERTIFICATES OF DEPOSIT (minimum deposit to open $10,000.00) |
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Regular Certificates |
Jumbo Certificates |
IRA Certificates |
Jumbo Certificates |
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Balances from |
Balances from |
Balances from |
Balances from |
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$10,000.00 - $99,999.99 |
$100,000.00 and over |
$10,000.00 - $99,999.99 |
$100,000.00 and over |
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Annual |
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Annual |
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Annual |
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Annual |
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Percentage |
Interest |
Percentage |
Interest |
Percentage |
Interest |
Percentage |
Interest |
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| TERM |
Yield |
Rate |
Yield |
Rate |
Yield |
Rate |
Yield |
Rate |
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| 3 months |
4.59% |
4.51% |
4.59% |
4.51% |
4.59% |
4.51% |
4.59% |
4.51% |
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| 6 months |
4.96% |
4.90% |
4.96% |
4.90% |
4.96% |
4.90% |
4.96% |
4.90% |
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| 1 year |
5.15% |
5.05% |
5.15% |
5.05% |
5.15% |
5.05% |
5.15% |
5.05% |
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| 18 months |
4.27% |
4.20% |
4.27% |
4.20% |
4.27% |
4.20% |
4.27% |
4.20% |
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| 2 years |
4.37% |
4.30% |
4.37% |
4.30% |
4.37% |
4.30% |
4.37% |
4.30% |
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| 30 months |
4.37% |
4.30% |
4.37% |
4.30% |
4.37% |
4.30% |
4.37% |
4.30% |
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| 3 years |
4.37% |
4.30% |
4.37% |
4.30% |
4.37% |
4.30% |
4.37% |
4.30% |
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| 4 years |
4.37% |
4.30% |
4.37% |
4.30% |
4.37% |
4.30% |
4.37% |
4.30% |
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| 5 years |
4.47% |
4.40% |
4.47% |
4.40% |
4.47% |
4.40% |
4.47% |
4.40% |
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| Please call our
Telephone Banking Center 800-555-5710 or visit any branch office for
additional information. |
| Annual
Percentage Yield (APY) is a percentage rate reflecting the total amount of
interest paid on an account, |
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| based
on the interest rate and the frequency of compounding for a 365-day period
(366-day period for leap year). |
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| We
use the daily balance method to calculate the interest on your account and
determine the minimum balance |
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| to
obtain the APY. This method applies a
daily periodic rate to the principal in the account each day. |
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| Accrued
interest will not be credited on accounts that are closed prior to their
statement cycle date. |
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| Fees
could reduce earnings on accounts. |
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| All
accounts are variable rate accounts, with the exception of Fixed Rate
Certificates of Deposit. As such, |
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| the
interest rate and APY on all accounts, with the exception of Fixed Rate
Certificates of Deposit, |
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| may
change daily at our discretion. |
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| Certificate
of Deposit Account Interest |
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| Interest
begins to accrue on the day of deposit.
The APY assumes that interest will remain on deposit until maturity. |
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| If
interest is withdrawn prior to maturity, earnings will be reduced. Interest does not accrue on amounts
withdrawn |
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| on
the date of withdrawal. For Regular
and Jumbo CDs with maturities of less than one year, APYs are based on |
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| compounding
and payment of interest at maturity.
For Regular and Jumbo CDs with maturities of one year or longer, |
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| APYs
are based on compounding and payment of interest on a quarterly basis and at
maturity. |
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| A
penalty will be imposed on withdrawals made prior to maturity. |
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| Interest
Bearing Checking and Money Market Accounts |
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| Interest
may be earned based on the "provisional credit" guidelines. Generally, provisional credit will be |
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| one
business day for local checks and two business days for non-local
checks. (Business days are days the |
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| Federal
Reserve Bank is open.) |
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| Fees
may apply for accounts closed within 6 months of opening. |
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| MEMBER
FDIC |
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