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Share Certificate Dividend
Rates and Annual Percentage Yield ¹ |
|
Effective
Monday, July 26th 2010 - APY represents Annual Percentage Yield |
|
TERM |
MINIMUM BALANCE
TO EARN DIVIDENDS |
DIVIDEND RATE |
APY |
| 91-day |
$500
- $4,999.99 |
0.598% |
0.600% |
$5,000.00
- $24,999.99 |
0.598% |
0.600% |
|
$25,000.00
- $49,999.99 |
0.598% |
0.600% |
$50,000.00
- $99,999.99 |
0.598% |
0.600% |
Jumbo
$100,000.00 |
0.598% |
0.600% |
| |
|
6 month |
$500
- $4,999.99 |
0.598% |
0.600% |
$5,000.00
- $24,999.99 |
0.598% |
0.600% |
$25,000.00
- $49,999.99 |
0.598% |
0.600% |
$50,000.00
- $99,999.99 |
0.598%
|
0.600% |
Jumbo
$100,000.00 |
0.598% |
0.600% |
| |
|
1 year
|
$500
- $4,999.99 |
0.747% |
0.750% |
$5,000.00
- $24,999.99 |
0.747% |
0.750% |
$25,000.00
- $49,999.99 |
0.747% |
0.750% |
$50,000.00
- $99,999.99 |
0.747% |
0.750% |
Jumbo
$100,000.00 |
0.747% |
0.750% |
| |
|
2 year |
$500 - $4,999.99 |
1.094% |
1.100% |
$5,000.00 - $24,999.99 |
1.094% |
1.100% |
$25,000.00 - $49,999.99 |
1.094% |
1.100% |
$50,000.00 - $99,999.99 |
1.094% |
1.100% |
Jumbo $100,000.00 |
1.094% |
1.100% |
| |
|
3 year
|
$500 - $4,999.99 |
1.735% |
1.750% |
$5,000.00 - $24,999.99 |
1.735% |
1.750% |
$25,000.00 - $49,999.99 |
1.735% |
1.750% |
$50,000.00 - $99,999.99 |
1.735% |
1.750% |
Jumbo $100,000.00 |
1.735% |
1.750% |
| |
|
4 year
|
$500 - $4,999.99 |
2.225% |
2.250% |
$5,000.00 - $24,999.99 |
2.225% |
2.250% |
| $25,000.00 - $49,999.99 |
2.225% |
2.250% |
| $50,000.00 - $99,999.99 |
2.225% |
2.250% |
| Jumbo $100,000.00 |
2.225% |
2.250% |
| |
| 5 year |
$500 - $4,999.99 |
2.469% |
2.500% |
| $5,000.00 - $24,999.99 |
2.469% |
2.500% |
| $25,000.00 - $49,999.99 |
2.469% |
2.500% |
| $50,000.00 - $99,999.99 |
2.469% |
2.500% |
| Jumbo $100,000.00 |
2.469% |
2.500% |
|
¹ A penalty will or may be imposed for early withdrawal.
Minimum balance to earn interest, $500.00.
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Share Dividend Rates and Annual
Percentage Yield¹ |
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|
Product
Type |
MINIMUM BALANCE
TO EARN DIVIDENDS |
DIVIDEND RATE |
APY |
No. 1
Money
Fund* |
$2,500 - $4,999.99 |
0.648% |
0.650% |
$5,000.00
- $24,999.99 |
0.648% |
0.650% |
|
$25,000.00
- $49,999.99 |
0.799% |
0.800% |
|
$50,000.00 - and more |
0.799% |
0.800%
|
| ** Rates effective for month ending:6-31-10 |
Product
Type |
MINIMUM BALANCE
TO EARN DIVIDENDS |
DIVIDEND RATE |
APY |
Premium
Money
Market*** |
$0 - $25,999.99 |
0.000% |
0.000% |
| $25,000.00 - $49,999.99 |
0.799%
|
0.800% |
$50,000.00
- $99,999.99 |
0.998% |
1.000% |
|
$100,000.00 - and more
|
0.998%
|
1.000% |
| *** All Annual Percentage Yields (APY) are variable rates and may change without notice. Opening deposits for all premium money market accounts must be new money not already on deposit with Cornerstone of at least $25,000. There is a limit of four withdrawals per month with a minimum of $1,000 per withdrawal. If the account balance falls below $25,000, then dividends will not be issued. Dividends will be paid monthly based on the average daily balance in the account at each tier level. |
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|
PRODUCT
TYPE |
DIVIDEND RATE |
APY |
MINIMUM
BALANCE
TO OPEN
|
MINIMUM
AVERAGE
DAILY
BALANCE
TO EARN
APY
|
Regular
Shares &
Sub
Accounts
** |
.50% |
.50% |
$5.00 |
$50.00 |
| |
IRA
Account
** |
1.492% |
1.50% |
|
$50.00 |
Member
Plus
Checking
** |
.50% |
.50% |
|
$1,000.00 |
| |
Christmas
&
Vacation
Clubs
** |
.50% |
.50% |
|
$50.00 |
¹ Fees may reduce earnings on the
account, and rates may change after account is open.
** Rates effective for quarter ending: 3-31-10 |
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Loan Rates |
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As of Monday, July 26th 2010
- APR represents Annual Percentage Rate |
|
Product
Type |
APR |
| Car | as low as 4.75%* |
Real Estate Loans | as low as 4.50%* |
| Shared Secured Loan |
3.5% over stated Share Account dividend rate |
| Other Secured Loans |
as low as 5.75%* |
| Unsecured Loans |
as low as 10.45%* |
Home Equity Line
of Credit** |
as low as prime, or prime
+2.0%* |
| VISA® Classic- max $5,000 | 9.90% |
| VISA® Gold - max $10,000 | 8.90% |
| VISA® Platinum
- max $15,000 |
7.90% |
* Annual percentage rates, all loans subject to approval, rates may vary from those listed based on term and credit qualifications. Other rates and terms available. Special
promotional rates may apply. Please call the Loan Center
for details.
** Prime rate is 3.25% effective 1/01/09 as published in
the Wall Street Journal. The maximum ANNUAL PERCENTAGE RATE
that can apply is 18% or the maximum permitted by law, whichever
is less. You must pay certain fees to third parties to open
the plan. These fees generally total between $300.00 and
$1,800.00. If you ask, we will provide you with an itemization
of the fees you will have to pay third parties.
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