ONLINE BANKING

Current Rates

Open A Certificate of Deposit or
Interest Bearing Account Today!

For the most current and accurate rates, please call us at (901) 525-0384.

SAVINGS & INTEREST CHECKING ACCOUNTS

Effective Date: May 14, 2013
Account NameMinimum
Deposit		APY
Money Mkt Pref
$ 2,500 - 9,999
$10,000 - 49,999
$50,000 - 99,999
$100,000 OR MORE		 $2,500
$2,500
$2,500
$2,500		0.05%
0.15%
0.20%
0.30%
Special Sav
$500 – 999.99
$1,000 OR More		 $500
$500
0.25%
0.35%
Regular Sav$6000.25%
Christmas Club$250.25%
Checking Plus$2,5000.03%
Check/Earning
$1,000-$25,000
$25,000-99,999
$ 100,000 & up		 $1,000
$1,000
$1,000		 0.02%
0.02%
0.05%

CERTIFICATE OF DEPOSIT (CD)

Effective Date: May 14, 2013
CD TERM
Minimum
Deposit
Interest
Rate
APY*
7-31 DAYS
$1000
0.01%
0.02%
2 months
$1000
0.01%
0.02%
3 months
$1000
0.02%
0.03%
6 months
$1000
0.05%
0.06%
12 months
$1000
0.10%
0.10%
18 months
$1000
0.10%
0.10%
24 months
$1000
0.15%
0.15%
30 months
$1000
0.15%
0.15%
60 months
$1000
0.50%
0.50%
IRA fixed
$1000
0.20%
0.20%
IRA variable
$500
0.40%
0.40%

*Assumes reinvestment of interest earned at the stated rate. APY means Annual Percentage Yield. Rates subject to change without notice. Substantial penalty for early withdrawal.

*APY refers to Annual Percentage Yield based on simple interest. *APR refers to Annual Percentage Rate based on simple interest.

With the Money Market Preferred Savings Accounts, you will earn a higher rate on higher balances. Contact us for more information.

RATES
Rates may change after the account is opened.

TIME PERIOD THE ANNUAL PERCENTAGE YIELD IS OFFERED:
The annual percentage yield assumes the principal remains on deposit until maturity. A withdrawal will reduce earnings.

MINIMUM OPENING DEPOSIT REQUIRED
Minimum amount to open this account is $1,000.00.

MINIMUM BALANCE REQUIRED
You must maintain a minimum balance of $1,000.00 in your account every day to obtain the annual percentage yield listed above.

EFFECT OF FEES
Fees could reduce the earnings on the account.

EARLY WITHDRAWAL PENALTIES
If any of the deposit is withdrawn before the maturity date (except for death or mental incompetency), a penalty as shown will be imposed:

*7 to 31 days----------------Greater of accrued interest or 7 days interest

*2 months to 1 year--------30 days interest

*Exceeding 1 year----------90 days interest

PRODUCT FEATURES
•This account will automatically renew at maturity.

•Interest is compounded annually and will be credited to your account or paid monthly, quarterly, semi-annually, or at maturity.
We use the daily balance method to calculate the interest on your account. This method applied a periodic rate to the principal in the account each day.