CERTIFICATES OF DEPOSIT

Rate Line (816) 407-4099

 

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.

Rates/Annual Percentage Yield (APY)

As of September 30, 2008

 

TERMS AND RATES
 

$500 MINIMUM

$25,000 MINIMUM
Term Interest Rate APY Interest Rate APY
Under 6 Months 2.10% 2.15% 2.44% 2.50%
6-11 Months 2.10% 2.15% 2.53% 2.60%
12-17 Months 2.15% 2.20% 2.68% 2.75%
18-23 Months 2.19% 2.25% 2.72% 2.80%
24-29 Months 2.24% 2.30% 2.77% 2.85%
30-35 Months 2.29% 2.35% 2.82% 2.90%
36-47 Months 2.39% 2.45% 2.92% 3.00%
48-59 Months 2.44% 2.50% 3.15% 3.25%
60 Months 2.53% 2.60% 3.39% 3.50%

 

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.