Rates

NorStates Bank Deposit Rates

Rates effective May 25th, 2013.

High-Yield Checking*

Interest RateAPY**
Qualified Rate (interest paid on entire daily balance)0.50%0.50%
Non-Qualified Rate0.01%0.01%

Qualifications: Have at least 10 debit card purchases post and clear, Have at least 1 automatic payment or direct deposit post and clear, Receive eStatements.

**Minimum to open account is $50. Annual Percentage Yield (APY) accurate as of 05/11/2012. Rates are as follows: 0.50% APY applies to all balances if qualifications are met during the monthly qualification cycle. 0.01% APY applies to all balances if monthly qualifications are not met. Rates may change after the account is opened. Fees may reduce earnings. Qualifying transactions must post and clear to the account during the monthly qualification cycle. Transactions may take one or more banking days from the date the transaction was made to post to an account. Intra‐bank transfers do not count as qualifying transactions. Personal accounts only. One High-Yield account per taxpayer identification number.

Certificate of Deposits

Deposit Less Than $100,000Deposit $100,000 or More
TermInterest RateAPYInterest RateAPY**
30 Days0.05%0.05%0.05%0.05%
90 Days0.05%0.05%0.05%0.05%
180 Days0.10%0.10%0.10%0.10%

Certificate of Deposits & Individual Retirement Certificates

Deposit Less Than $100,000Deposit $100,000 or More
TermInterest RateAPYInterest RateAPY**
1 Year*0.15%0.15%0.15%0.15%
2 Year*0.25%0.25%0.25%0.25%
3 Year* 0.50%0.50%0.50%0.50%
4 Year*0.75%0.75%0.75%0.75%
5 Year*1.00%1.00%1.00%1.00%

$1,000 Minimum Balance Required to open account and obtain Annual Percentage Yield. Interest begins to accrue on the business day you deposit. There may be penalties for early withdrawal on Certificates of Deposit including Individual Retirement Certificates. See complete IRA Disclosure for further details. *Interest must be paid at least annually.Interest on Certificates of Deposit will either be capitalized at maturity or deposited into a NS Savings, Checking or Money Market.

Holiday Club*

Interest RateAPY**
Holiday Club Account0.01%0.01%

$2.00 Minimum Balance Required to Open Account. *We may change the interest rate on your account at our discretion. Interest Credited (Annually).

Personal & Junior Savings*

Interest RateAPY**
Personal Savings0.01%0.01%
Junior Savings0.01%0.01%

Personal Savings $100 Minimum Deposit Required to Open. Junior Savings No Minimum Deposit to Open. * We may change the interest rate on your account at our discretion. Interest Credited Quarterly.

NorStates Money Market Account*

Interest RateAPY**
Tier 1 (If daily balance is $0 to $24,999.99)0.05%0.05%
Tier 2 (If daily balance is $25,000 to $99,999.99)0.05%0.05%
Tier 3 (If daily balance is $100,000.00 to $999,999.99)0.05%0.05%
Tier 4 (If daily balance is $1,000,000.00 or more)0.05%0.05%

$2,500 Minimum Balance Required to Open Account. *We may change the interest rate on your account at our discretion. Interest will be credited monthly.

Traditional, Roth, & Education Individual Retirement Accounts

Interest CreditedInterest RateAPY**
Quarterly*0.05%0.05%

*Variable Individual Retirement Account Rate - $1000 Minimum Deposit Required to open account. The interest rate on your account is based at our discretion. We may change the interest rate on your account at our discretion. There may be penalties for early withdrawal on these accounts. See complete IRA Disclosure for further details.

**The annual percentage yield (APY) assumes funds will remain on deposit for a full year at the listed rate or until maturity. Withdrawals, fees, and other conditions could reduce earnings.