Certificate of Deposit
CD < 100K
Term |
Interest Rate
|
Annual Percentage Yield (APY)
|
07-29 Days
|
0.10
|
0.10
|
30-59 Days
|
0.10
|
0.10
|
60-89 Days
|
0.10
|
0.10
|
90-119 Days
|
0.15
|
0.15
|
120-149 Days
|
0.25
|
0.25
|
150-179 Days
|
0.30 |
0.30
|
180-209 Days
|
0.35
|
0.35
|
210-239 Days
|
0.40
|
0.40
|
240-269 Days
|
0.45
|
0.45
|
270-299 Days
|
0.50
|
0.50
|
300-329 Days
|
0.55
|
0.55
|
330-364 Days
|
0.55
|
0.55
|
365 < 18 MO
|
0.60
|
0.60
|
18 - 30 MO
|
0.65
|
0.65
|
31 - 59 MO
|
0.70
|
0.70
|
60 MO
|
1.15
|
1.15
|
Annual Percentage Yield is accurate as of 5/30/2012. These rates may change at any time without prior notice. After your CD is opened, the interest rate is fixed for the term. A penalty is imposed for early withdrawal. Fees could reduce earnings on the account. Minimum deposit to open CD is $500.00. Minimum balance to receive the stated rate is $500.00.
CD > 100K
Term |
Interest Rate
|
Annual Percentage Yield (APY)
|
07-29 Days
|
0.20
|
0.20
|
30-59 Days
|
0.20
|
0.20
|
60-89 Days
|
0.20
|
0.20
|
90-119 Days
|
0.25
|
0.25
|
120-149 Days
|
0.35
|
0.35
|
150-179 Days
|
0.40 |
0.40
|
180-209 Days
|
0.45
|
0.45
|
210-239 Days
|
0.50
|
0.50
|
240-269 Days
|
0.55
|
0.55
|
270-299 Days
|
0.60
|
0.60
|
300-329 Days
|
0.60
|
0.60
|
330-364 Days
|
0.60
|
0.60
|
365 < 18 MO
|
0.65
|
0.65
|
18 - 30 MO
|
0.70
|
0.70
|
31 - 59 MO
|
0.75
|
0.75
|
60 MO
|
1.25
|
1.25
|
Annual Percentage Yield is accurate as of 5/30/2012. These rates may change at any time without prior notice. After your CD is opened, the interest rate is fixed for the term. A penalty is imposed for early withdrawal. Fees could reduce earnings on the account. Minimum deposit to open CD is $500.00. Minimum balance to receive the stated rate is $500.00.
|
Capital Plus Tiered Money Market
Tiers
|
Interest Rate
|
Annual Percentage Yield (APY)
|
0.00 - 4,999.99
|
0.10
|
0.10
|
5,000.00 - 24,999.99
|
0.15
|
0.15
|
25,000.00 - 49,999.99
|
0.20
|
0.20
|
50,000.00 – 99,999.99 |
0.25
|
0.25
|
100,000.00 - Over |
0.40
|
0.40
|
Annual Percentage Yield is accurate as of 5/30/2012. Rates may change at any time without prior notice. Fees could reduce earnings on the account. Minimum to open $1,000.00. Monthly fee if average daily balance below $2,500.00.
Important Notice: Federal regulation limits the number of withdrawals and/or transfers that may be made. You are limited to six (6) withdrawals or transfers to another African Development Bank account or third party per statement cycle. These include preauthorized, automatic, telephone, electronic and transfers made by check, debit card or other similar order.
|
Investors' Choice Money Market
Tiers
|
Interest Rate
|
Annual Percentage Yield (APY)
|
0.00 - 24,999.99
|
0.10
|
0.10
|
25,000.00 - 49,999.99
|
0.30
|
0.30
|
50,000.00 - 99,999.99
|
0.40
|
0.40
|
100,000.00 – 249,999.99 |
0.50
|
0.50
|
250,000.00 - Over |
0.55
|
0.55
|
Annual Percentage Yield is accurate as of 5/30/2012. Rates may change at any time without prior notice. Fees could reduce earnings on the account. Minimum to open $25,000.00. Monthly fee if average daily balance below $25,000.00.
Important Notice: Federal regulation limits the number of withdrawals and/or transfers that may be made. You are limited to six (6) withdrawals or transfers to another African Development Bank account or third party per statement cycle. These include preauthorized, automatic, telephone, electronic and transfers made by check, debit card or other similar order.
|
Deposit Accounts
Types
|
Interest Rate
|
Annual Percentage Yield (APY)
|
Capital NOW Account
|
0.10
|
0.10
|
Savings Account
|
0.15
|
0.15
|
Variable Rate IRA
|
0.35
|
0.35
|
Annual Percentage Yield is accurate as of 5/30/2012. These rates may change at any time without prior notice. Fees could reduce earnings on the account. Minimum to open Capital NOW Account is $100 and to receive stated interest is $500. Capital NOW Account, no service charge with a minimum daily balance of $1000, otherwise $10. Minimum to open Savings Account and to receive stated interest is $100. Minimum to Open Variable Rate IRA and to receive stated interest is $300.
Important Notice: Federal regulation limits the number of withdrawals and/or transfers that may be made. You are limited to six (6) withdrawals or transfers to another African Development Bank account or third party per statement cycle. These include preauthorized, automatic, telephone, electronic and transfers made by check, debit card or other similar order.
|
IOLTA Account
Types
|
Interest Rate
|
Annual Percentage Yield (APY)
|
IOLTA Account
|
0.15
|
0.15
|
Annual Percentage Yield is accurate as of 5/30/2012. These rates may change at any time without prior notice. Fees could reduce earnings on the account. Minimum to open IOLTA Account is $100. No Minimum required to receive stated interest.
|
|