Market Max CD Interest Rates

Minimum deposit for this program is $10,000 (unless contributing to your IRA, which would be $5,000) and a minimum of $150,000 household deposits with Bath State Bank. Your interest rate for a Market Max CD is based on your total deposits, which may include: Passbook Savings; Basic, Now or Golden Checking; Early Harvest Money Market, and Certificate of Deposits or IRA CDs. The tiered interest rates are based on total household deposits time of opening a Market Max CD and your choice of term in the Market Max CD Program.
ANNUAL PERCENTAGE YIELD (APY) IS LISTED

APY's effective: May 16-31, 2016

  6 mths 12 mths 18 mths 24 mths 36 mths 48 mths 60 mths 72 mths
$150,000-199,999.99 0.16 0.26 0.33 0.38 0.63 0.88 1.18 1.23
$200,000 - 249,999.99 0.18 0.28 0.35 0.40 0.65 0.90 1.20 1.25
$250,000 - $299,99.99 0.20 0.30 0.37 0.42 0.67 0.92 1.22 1.27
$300,000 - $349,999.99 0.23 0.33 0.40 0.45 0.70 0.95 1.25 1.30
$350,000 - 399,999.99 0.25 0.35 0.42 0.47 0.72 0.97 1.27 1.32
$400,000 - 449,999.99 0.27 0.37 0.44 0.49 0.74 0.99 1.29 1.34
$450,000 - $499,999.99 0.28 0.38 0.45 0.50 0.75 1.00 1.30 1.35
$500,000 - 599,999.99 0.30 0.40 0.47 0.52 0.77 1.02 1.32 1.37
$600,000 - 699,999.99 0.31 0.41 0.48 0.53 0.78 1.03 1.33 1.38
$700,000 - 799,999.99 0.32 0.42 0.49 0.54 0.79 1.04 1.34 1.39
$800,000 - 899,999.99 0.33 0.43 0.50 0.56 0.80 1.05 1.35 1.40
$900,000 - 999,999.99 0.34 0.44 0.51 0.56 0.81 1.06 1.36 1.41
$1,000,000 - 1,499,999.99 0.35 0.45 0.52 0.57 0.82 1.07 1.37 1.42
$1,500,000 + 0.36 0.46 0.53 0.58 0.83 1.08 1.38 1.43
                 
                 

APY = annual percentage yield. All APY's are calculated using daily compounding.
All interest rate information subject to change

Fees may reduce earnings on the account

Premature Withdrawal: For time deposits with an original scheduled maturity of 30 days to three months, the penalty is all interest earned since the last issue date; for six months to one year, the penalty is 3 months interest on the amount withdrawn; for more than one year, the penalty is six months interest on the amount withdrawn.