Current CD and IRA Specials
Rates are current and APY is accurate as of August 23, 2010
| Term |
Minimum Balance |
Interest Rate |
APY |
| 24 Months* |
$10,000 |
1.20% |
1.21% |
Note: "APY" is the abbreviation for Annual Percentage Yield.
|
* |
Early withdrawal penalty may be the loss of 3 month's interest |
- Each Depositor insured to at least $250,000
First National Bank of Elk River is participating in the FDIC's Transaction Account Guarantee Program.
Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully
guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account
Guarantee Program is in addition to and separate from the coverage available under the FDIC's general
deposit insurance rules.
|