Market Max

Bath State Bank’s Market Maximizer is a confident, competitive form of savings that gives you more for your hard-earned money. Our Market Max Certificate of Deposit (CD) Program provides a special rate based on your total deposit relationship with us.

To obtain our special interest rate in our Market Maximizer CD Program, you need a minimum of $10,000 to purchase a CD and have 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 and IRA CDs. The tiered interest rates are based on total household deposits and your choice of term in the Market Max CD Program.

Our Market Maximizer Program is a simple choice to obtain a higher rate on your CD portfolio. You can be confident when your Market Max CD comes due that you will be given an advanced notice and the opportunity to continue a convenient, competitive roll-over interest rate when you qualify for the Program. Impressive yields, convenience and confidence are why customers are choosing our Market Maximizer CD Program. And, of course, there are no purchase or maintenance fees. Get the most for your money at Bath State Bank today. As always, please let us know if you have any questions about our products or services.

See our Interest Rate Chart.

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interest earned since the last issue date; for six months to one year, the penalty is 3 months interest on the amount withdrawn; for more than one year, the penalty is six months interest on the amount withdrawn.


Terms:
Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are disclosed on the BSB Interest Rate Chart. The interest rate and annual percentage yield will not change, and will be in effect until this account matures. The annual percentage yield assumes the interest will be compounded to the certificate balance. A withdraw will reduce the earnings. Interest begins to accrue on the business day you make a deposit. Interest will be credited at a frequency agreed to at account opening. Interest will compound daily. Interest will cease upon maturity.
Balance Information: We use the daily method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
Limitations: To obtain a Market Max CD, you must have a minimum of $150,000 total household deposits with Bath State Bank. Also, a minimum of $10,000 deposit is needed to open a Market Max CD, unless opening an IRA. Withdrawals before maturity date are permitted only to IRA account holders who have reached retirement age. Market Max has a tiered pricing system (see Interest Rate Chart above.)
Time Account Information: Your account will mature in the length of time selected at account opening. If you withdraw any of the principal before maturity date we may impose the following penalties: 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. Penalties will be waived for IRA account holders who have reached retirement age.
Renewal Policy: Upon maturity, your account will automatically be renewed for the same term at the interest rate that is in effect on the maturity date. You will be granted a grace period of 10 calendar days after maturity to redeem or make changes to your account.

APY - Annual Percentage Yield
All APY's are calculated using daily compounding.
All interest rate information is subject to change.