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: Sept. 1-15, 2014

  6 mths 12 mths 18 mths 24 mths 36 mths 48 mths 60 mths 72 mths
$150,000-199,999.99 0.16 0.21 0.24 0.31 0.56 0.76 0.96 1.01
$200,000 - 249,999.99 0.18 0.23 0.26 0.33 0.58 0.78 0.98 1.03
$250,000 - $299,99.99 0.20 0.25 0.28 0.35 0.60 0.80 1.00 1.05
$300,000 - $349,999.99 0.23 0.28 0.31 0.38 0.63 0.83 1.03 1.08
$350,000 - 399,999.99 0.25 0.30 0.33 0.40 0.65 0.85 1.05 1.10
$400,000 - 449,999.99 0.27 0.32 0.35 0.42 0.67 0.87 1.07 1.12
$450,000 - $499,999.99 0.28 0.33 0.36 0.43 0.68 0.88 1.08 1.13
$500,000 - 599,999.99 0.30 0.35 0.38 0.45 0.70 0.90 1.10 1.15
$600,000 - 699,999.99 0.31 0.36 0.39 0.46 0.71 0.91 1.11 1.16
$700,000 - 799,999.99 0.32 0.37 0.40 0.47 0.72 0.92 1.12 1.17
$800,000 - 899,999.99 0.33 0.38 0.41 0.48 0.73 0.93 1.13 1.18
$900,000 - 999,999.99 0.34 0.39 0.42 0.49 0.74 0.94 1.14 1.19
$1,000,000 - 1,499,999.99 0.35 0.40 0.43 0.50 0.75 0.95 1.15 1.20
$1,500,000 + 0.36 0.41 0.44 0.51 0.76 0.96 1.16 1.21
                 
                 

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

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interest earned since the last issue date; for six months to one year, the penalty is 3 months interest on the amount withdrawn; for more than one year, the penalty is six months interest on the amount withdrawn.