Rates/Annual Percentage Yield (APY)

As of January 31, 2012

 

TERMS AND RATES
	$500 MINIMUM		$25,000 MINIMUM
Term	Interest Rate	APY	Interest Rate	APY
Under 6 Months	.30%	.30%	.30%	.30%
6-11 Months	.30%	.30%	.49%	.50%
12-17 Months	.49%	.50%	.59%	.60%
18-23 Months	.64%	.65%	.69%	.70%
24-29 Months	.74%	.75%	.79%	.80%
30-35 Months	.79%	.80%	.98%	1.00%
36-47 Months	.98%	1.00%	1.08%	1.10%
48-59 Months	1.13%	1.15%	1.23%	1.25%
60 Months	1.37%	1.40%	1.47%	1.50%

 

Clay County Savings Bank offers  flexible terms on certificates of deposit.  You can name the term anywhere between 3 and 60 months.  Clay County Savings Bank also offers both the traditional IRA (Individual Retirement Account) and Roth IRA for terms between 6 and 60 months.

Annual Percentage Yield (APY) based on a factor of 365 days/360 days and assumes interest remains on deposit through the entire term.  Withdrawal of interest will reduce earnings.  Substantial penalty for early withdrawal.  Interest rates are subject to change.  Call rate line for current interest rates.