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Savings Account
Deposit Rates as of February 22nd, 2013
Product Interest Rate Annual Percentage Yield Annual Percentage Yield (Quarterly IRAs) Minimum Amount Compound Method
Passbook 0.05% 0.05%   $25.00 Quarterly
NOW 0.01% 0.01%   $1000.00 Monthly
MMDA 0.02% 0.02%   $2500.00 - $9,999.00 Monthly
  0.03% 0.03%   $10,000 - $24,000 Monthly
  0.05% 0.05%   $25,000.00 & Up Monthly
Super NOW 0.01% 0.01%   $2,500.00 Monthly
30 to 89 Days 0.05% 0.05%   $500.00 Monthly
90 to Less than 182 Days 0.05% 0.05%   $500.00 Monthly
6 Months 0.10% 0.10%   $500.00 Monthly
12 Months 0.15% 0.15% 0.15% $500.00 Monthly
18 Months 0.15% 0.15% 0.15% $500.00 Monthly
24 Months 0.20% 0.20% 0.20% $500.00 Monthly
30 Months 0.20% 0.20% 0.20% $500.00 Monthly
36 Months 0.30% 0.30% 0.30% $500.00 Monthly
48 Months 0.40% 0.40% 0.40% $500.00 Monthly
IRA Variable 0.05%   0.05% $500.00 Quarterly


** Must have checking with us. If they do not already have their checking with us, offer first box of checks free and $500.00 minimum to open checking account. **

Bank of Magnolia - Magnolia, OH, 330-866-9392, Member FDIC, Equal Housing Lender
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