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: December 1-31, 2023
|6 mths||12 mths||18 mths||24 mths||36 mths||48 mths||60 mths||72 mths|
|$200,000 - 249,999.99||0.21||5.00||0.33||0.38||0.43||0.48||0.59||0.65|
|$250,000 - $299,99.99||0.23||5.00||0.35||0.40||0.45||0.50||0.61||0.67|
|$300,000 - $349,999.99||0.26||5.00||0.38||0.43||0.48||0.53||0.64||0.70|
|$350,000 - 399,999.99||0.28||5.00||0.40||0.45||0.50||0.55||0.66||0.72|
|$400,000 - 449,999.99||0.30||5.00||0.42||0.47||0.52||0.57||0.68||0.74|
|$450,000 - $499,999.99||0.31||5.00||0.43||0.48||0.53||0.58||0.69||0.75|
|$500,000 - 599,999.99||0.33||5.00||0.45||0.50||0.55||0.60||0.71||0.77|
|$600,000 - 699,999.99||0.34||5.00||0.46||0.51||0.56||0.61||0.72||0.78|
|$700,000 - 799,999.99||0.35||5.00||0.47||0.52||0.57||0.62||0.73||0.79|
|$800,000 - 899,999.99||0.36||5.00||0.48||0.53||0.58||0.63||0.74||0.80|
|$900,000 - 999,999.99||0.37||5.00||0.49||0.54||0.59||0.64||0.75||0.81|
|$1,000,000 - 1,499,999.99||0.38||5.00||0.50||0.55||0.60||0.65||0.76||0.82|
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interest earned since the last issue date; for six months to one year, the penalty is 3 months interest on the amount withdrawn; for more than one year, the penalty is six months interest on the amount withdrawn.