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Current Rates

Time Certificates of Deposit

Current Rates & Yields as of : September 30, 2011
Maturity
Min. Balance to Obtain APY
Interest Rate
Annual Percentage Yield (APY)
      Semiannual
91 Days
$2,500.00
0.30%
NA
182 Days
$2,500.00
0.55%
0.55%
12 Months
$500.00
0.75%
0.75%
18 Months
$500.00
1.10%
1.10%
30 Months
$500.00
1.50%
1.51%
36 Months $500.00 1.70% 1.71%
39 Month Special $2,500.00 2.04% 2.05%
48 Months
$500.00
2.00%
2.01%
Young Savers 24 Month CD
$100.00
2.00% 
2.00%
7-31 Days
$2,500.00
0.25% 
0.25%
Roth IRA Accounts
 
 
12 Mo.-$250 min.
1.00% 
1.00%
36 Mo.-$250 min.
2.00% 
2.02%
60 Mo.-$250 min.
2.50% 
2.52%

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
0.35%
0.35%
$50,000.00 to $99,999.99
0.30%
0.30%
$10,000.00 to $49,999.99
0.25%
0.25%
$2,500.00 to $9,999.99
0.20%
0.20%
$1,000.00 to $2,499.99
0.15%
0.15%
Money Market Plus
Min. balance to open account: $50,000.00		 $500,000.00 or more
0.55%
0.55%
$250,000.00 to $499,999.99
0.50%
0.50%
$100,000.00 to $249,999.99
0.40%
0.40%
$50,000.00 to $99,999.99
0.35%
0.35%
$10,000.00 to $49,999.99
0.25%
0.25%
$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
0.15%
0.15%
$0.01 to $2,499.99
0.10%
0.10%
eChecking- Conditional earning
(Account restrictions apply, ask for full disclosure)		 If conditions met during cycle
If conditions unmet during cycle
2.96%

0.10%
 3.00%

0.10%
Friends Plus Super Now Account
Min. balance to open account: $50.00		 $1,000.00 or more
0.20%
0.20%
Commercial or Institutional Super Now Account
 $10,000.00 or more
0.20%
0.20%
$0.01 to $9,999.99
0.15%
0.15%
Regular Savings Account
Min. balance to open account: $25.00		 All balances
0.20%
0.20%
Traditional IRA Account All balances
1.50%
1.51%

Mortgage Rates

Mortgage rates change daily at Mount Vernon Bank & Trust Company. 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.

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS All funds in “noninterest-bearing transaction accounts” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules. The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on lawyers Trust Accounts (“IOLTA). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts. For more information about FDIC insurance coverage of transaction accounts, visit

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