Bank Information
Current Rates
Current Rates & Yields as of : November 30, 2009|
Maturity
|
Min. Balance to Obtain APY
|
Interest Rate
|
Annual Percentage Yield (APY)
|
| Semiannual | |||
|
91 Days
|
$2,500.00
|
0.50%
|
NA
|
|
182 Days
|
$2,500.00
|
0.65%
|
0.65%
|
|
12 Months
|
$500.00
|
1.00%
|
1.00%
|
|
18 Months
|
$500.00
|
1.50%
|
1.51%
|
| 27 Mo. Special | $2,500.00 | 2.29% | 2.30% |
|
30 Months
|
$500.00
|
2.10%
|
2.11%
|
| 36 Months | $500.00 | 2.30% | 2.31% |
|
48 Months
|
$500.00
|
2.50%
|
2.52%
|
|
Young Savers 24 Month CD
|
$100.00
|
2.75%
|
2.75%
|
|
7-31 Days
|
$2,500.00
|
0.40%
|
0.40%
|
|
Roth IRA Accounts
|
12 Mo.-$250 min.
|
1.60%
|
1.61%
|
|
36 Mo.-$250 min.
|
2.45%
|
2.47%
|
|
|
60 Mo.-$250 min.
|
3.00%
|
3.03%
|
Interest Bearing, Variable-Rate Accounts
|
Account Type
|
Min. Balance to Obtain % Yield
|
Interest Rate
|
APY
|
| Money Market Min. balance to open account: $2,500.00 |
$100,000.00 or more |
0.65%
|
0.65%
|
| $50,000.00 to $99,999.99 |
0.60%
|
0.60%
|
|
| $10,000.00 to $49,999.99 |
0.55%
|
0.55%
|
|
| $2,500.00 to $9,999.99 |
0.40%
|
0.40%
|
|
| $1,000.00 to $2,499.99 |
0.40%
|
0.40%
|
|
| Money Market Plus Min. balance to open account: $50,000.00 |
$500,000.00 or more |
1.00%
|
1.00%
|
| $250,000.00 to $499,999.99 |
1.00%
|
1.00%
|
|
| $100,000.00 to $249,999.99 |
0.90%
|
0.90%
|
|
| $50,000.00 to $99,999.99 |
0.80%
|
0.80%
|
|
| $10,000.00 to $49,999.99 |
0.50%
|
0.50%
|
|
| $0.00 to $9,999.99 |
0.00%
|
0.00%
|
|
| Consumer Super Now Account Min. balance to open account: $1,000.00 |
$2,500.00 or more |
0.30%
|
0.30%
|
| $0.01 to $2,499.99 |
0.25%
|
0.25%
|
|
| Friends Plus Super Now Account Min. balance to open account: $50.00 |
$1,000.00 or more |
0.30%
|
0.30%
|
| Commercial or Institutional Super Now Account |
$10,000.00 or more |
0.50%
|
0.50%
|
| $0.01 to $9,999.99 |
0.40%
|
0.40%
|
|
| Regular Savings Account Min. balance to open account: $25.00 |
All balances |
0.40%
|
0.40%
|
| Traditional IRA Acount | All balances |
2.10%
|
2.12%
|
Mortgage Rates
Mortgage rates change daily at Mount Vernon Bank & Trust. Please contact us (895-8835) for up-to-date competitive rates.
Please inquire with a Savings Counselor concerning your ability to compound interest on a quarterly or monthly basis. The Annual Percentage Yield is a percentage rate reflecting the total amount of interest paid on an account, based on the interest rate and the frequency of compounding for a 365-day period. Annual Percentage Yields shown above assume that all principal and interest remain on deposit for the entire term. Fees can reduce eamings. Interest Rates and Annual Percentage Yields may change daily at the bank's discretion. Please call 319-895-8835 for current rates. Earty withdrawal penalties may be imposed. Please ask an employee to obtain full disclosures that include information about these accounts.