NorStates Bank Deposit Rates
Rates effective March 19th, 2010.
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| Interest Rate | APY** |
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| Tier 1 (Interest paid on Daily Balance that is $0.01 - $25,000.00) | 3.45% | 3.50% |
| Tier 2 (Interest paid on Daily Balance that is greater than $25,000.00) | 0.65% | 0.65% |
| Non Qualified Tier | 0.05% | 0.05% |
$50.00 minimum required to open account. Qualifications per cycle: 10 signature-based debit card purchases, 1 direct deposit or 1 automatic payment, enroll and receive electronic statements via Internet Banking. *We may change the interest rate on your account at our discretion. Interest will be credited monthly.
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| Deposit Less Than $25,000 | Deposit $25,000 to $49,999 |
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| Term | Interest Rate | APY | Interest Rate | APY** |
| 30 Days | 0.20% | 0.20% | 0.25% | 0.25% |
| 90 Days | 0.25% | 0.25% | 0.30% | 0.30% |
| 180 Days | 0.75% | 0.75% | 0.80% | 0.80% |
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| Deposit $50,000 - $99,999 | Deposit $100,000 or More |
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| Term | Interest Rate | APY | Interest Rate | APY** |
| 30 Days | 0.30% | 0.30% | 0.35% | 0.35% |
| 90 Days | 0.35% | 0.35% | 0.40% | 0.40% |
| 180 Days | 1.10% | 1.11% | 1.15% | 1.16% |
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| Deposit Less Than $25,000 | Deposit $25,000 to $49,999 |
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| Term | Interest Rate | APY | Interest Rate | APY** |
| 1 Year* | 1.05% | 1.05% | 1.10% | 1.10% |
| 2 Years* | 1.40% | 1.40% | 1.45% | 1.45% |
| 3 Years* | 1.40% | 1.40% | 1.45% | 1.45% |
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| Deposit $50,000 - $99,999 | Deposit $100,000 or More |
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| Term | Interest Rate | APY | Interest Rate | APY** |
| 1 Year* | 1.15% | 1.15% | 1.25% | 1.25% |
| 2 Years* | 1.50% | 1.50% | 1.60% | 1.60% |
| 3 Years* | 1.50% | 1.50% | 1.60% | 1.60% |
$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.
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| Interest Rate | APY** |
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| Holiday Club Account | 0.10% | 0.10% |
$2.00 Minimum Balance Required to Open Account. *We may change the interest rate on your account at our discretion. Interest Credited (Annually).
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| Interest Rate | APY** |
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| Personal Savings | 0.10% | 0.10% |
| Junior/Trust | 0.10% | 0.10% |
Personal Savings $100 Minimum Deposit Required to Open. Junior/Trust Savings No Minimum Deposit to Open. * We may change the interest rate on your account at our discretion. Interest Credited Quarterly.
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| Interest Rate | APY** |
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| Tier 1 (If daily balance is $0 to $24,999.99) | 0.20% | 0.20% |
| Tier 2 (If daily balance is $25,000 to $99,999.99) | 0.30% | 0.30% |
| Tier 3 (If daily balance is $100,000.00 to $999,999.99) | 0.65% | 0.65% |
| Tier 4 (If daily balance is $1,000,000.00 or more) | 0.95% | 0.95% |
$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.
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| Interest Credited | Interest Rate | APY** |
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| Quarterly* | 0.50% | 0.50% |
*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.
