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Certificates of Deposit
Effective Date: January-3-2012
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Account
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Interest Rate
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APY
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Min. Balance to Open
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3 Month
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0.32%
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0.32%
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$500.00
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6 Month
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0.36%
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0.36%
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$500.00
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9 Month
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0.47%
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0.47%
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$500.00
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12 Month
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0.82%
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0.82%
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$500.00
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18 Month
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1.00%
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1.00%
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$500.00
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24 Month
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1.00%
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1.00%
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$500.00
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30 Month
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1.09%
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1.10%
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$500.00
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36 Month
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1.24%
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1.25%
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$500.00
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48 Month
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1.34%
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1.35%
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$500.00
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60 Month
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1.59%
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1.60%
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$500.00
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APY means Annual Percentage Yield.
All CDs are available as IRAs, and all CDs with a maturity of 1 year or more, compound quarterly. CDs with less than a year maturity pay simple interest at maturity. A substantial penalty may be imposed for early withdrawals, on all BANK VI Certificates of Deposit. Investment in a CD requires $500.00 minimum to open and earn interest, and the bank has a maximum investment per CD of $95,000.00.
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Deposit Accounts
Effective Date: January-3-2012
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Account Type
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Interest Rate
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APY
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Min. Balance to Earn Interest
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SixthFree Checking *
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0.03%
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0.03%
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$100.00
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Club 36 Account *
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0.03%
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0.03%
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$1000.00
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VIp Checking **
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**
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**
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**
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Biz 6 Business Checking *
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0.03%
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0.03%
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$1000.00
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JumpStart Kids Savings *
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0.03%
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0.03%
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$25.00
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Basic Savings *
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0.03%
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0.03%
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$100.00
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Prime Indexed Money Market ***
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0.40%
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0.40%
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$25,000.00
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Daily Money Market *
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0.15%
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0.15%
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$24,999 to $10,000
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Daily Money Market *
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0.08%
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0.08%
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$9,999 to $2,500
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Daily Money Market *
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0.04%
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0.04%
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$2,499 to $1,000
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APY means Annual Percentage Yield.
MMDAs and Savings accounts are subject to transaction limitations, see your account disclosure for more information. All depositors are federally insured as Member FDIC, but certain restrictions do apply, so inquire before making any investment. These rates are available to retail clients and businesses, but not available to other financial institutions or wholesale investment brokers.
Fees could reduce your earnings on savings and checking accounts, if the bank charges them.
These deposit rates should be effective until January 17, 2012, but all interest rates and programs are subject to change, without notice.
*Rates may change after the account is opened.
** Business earnings credit applicable to offset service charges only, based upon the 91 day T-Bill.
*** This Prime II Money Market Deposit Account presently varies at 3.75% below National Prime lending rates.
FDIC deposit insurance coverage has been permanently modified to $250,000.00 per depositor by FDIC. See a Personal Banker for information about this or other information related to FDIC insurance coverage on your account(s)--- or you may call about any of our services, at 785.825.4321.
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