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NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" 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 ("IOLTAs"). 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 temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
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Savings Accounts
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Savings Accounts
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Minimum Daily Balance to Earn APY
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Interest Rate
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Annual Percentage Yield
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Statement
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$0.01
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0.15%
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0.15%
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TISBY
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$0.01
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0.25%
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0.25%
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IRA or HSA
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$0.01
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0.15%
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0.15%
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Hunters Choice
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$0.01
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0.35%
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0.35%
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Christmas Club
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$0.01
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0.35%
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0.35%
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Checking Accounts
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Checking Accounts
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Minimum Daily Balance to Earn APY
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Interest Rate
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Annual Percentage Yield
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HSA
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$0.01
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0.10%
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0.10%
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NOW*
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$0.01
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0.10%
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0.10%
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Super NOW*
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$0.01
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0.15%
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0.15%
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Money Market Accounts
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Money Market*
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Minimum Daily Balance to Earn APY
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Interest Rate
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Annual Percentage Yield
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$0.01 - $4,999
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$0.01
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0.20%
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0.20%
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$5,000 or More
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$5,000
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0.35%
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0.35%
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Certificate of Deposit or IRA Certificate of Deposit
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Minimum Deposit of $500
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Interest Rate
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Annual Percentage Yield
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3 Month Certificate
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0.15%
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0.15%
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Relationship Rate*
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0.35%
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0.35%
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6 Month Certificate
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0.30%
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0.30%
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Relationship Rate*
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0.50%
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0.50%
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12 Month Certificate
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0.50%
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0.50%
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Relationship Rate*
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0.75%
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0.75%
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18 Month Certificate
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0.60%
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0.60%
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Relationship Rate*
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0.90%
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0.90%
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24 Month Certificate
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0.80%
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0.80%
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Relationship Rate*
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1.05%
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1.05%
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36 Month Certificate
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1.20%
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1.20%
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Relationship Rate*
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1.40%
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1.40%
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48 Month Certificate
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1.35%
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1.35%
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Relationship Rate*
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1.75%
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1.75%
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60 Month Certificate
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1.50%
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1.50%
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Relationship Rate*
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2.00%
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2.00%
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*MUST HAVE A TSB BANK CHECKING, SAVINGS, OR LOAN ACCOUNT AT CD OPENING OR RENEWAL TO QUALIFY FOR RELATIONSHIP RATE*
RATES ARE SUBJECT TO CHANGE
PENALTY MAY APPLY FOR EARLY WITHDRAWAL ON CERTIFICATES OF DEPOSIT
THE DAILY BALANCE METHOD APPLIES A DAILY PERIODIC RATE TO THE PRINCIPAL IN THE ACCOUNT EACH DAY
*FEES MAY REDUCE EARNINGS, SPECIFIED ACCOUNTS HAVE MINIMUM AVERAGE DAILY BALANCE REQUIREMENTS.
MEMBER FDIC
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Rates effective as of 2/7/2012
Contact TSB Bank to obtain the most current information
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