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: October 1-31, 2020
| 6 mths | 12 mths | 18 mths | 24 mths | 36 mths | 48 mths | 60 mths | 72 mths | |
|---|---|---|---|---|---|---|---|---|
| $150,000-199,999.99 | 0.24 | 0.46 | 0.56 | 0.61 | 0.71 | 0.81 | 0.91 | 1.01 |
| $200,000 - 249,999.99 | 0.26 | 0.48 | 0.58 | 0.63 | 0.73 | 0.83 | 0.93 | 1.03 |
| $250,000 - $299,99.99 | 0.28 | 0.50 | 0.60 | 0.65 | 0.75 | 0.85 | 0.98 | 1.05 |
| $300,000 - $349,999.99 | 0.31 | 0.53 | 0.63 | 0.68 | 0.78 | 0.88 | 0.98 | 1.08 |
| $350,000 - 399,999.99 | 0.33 | 0.55 | 0.65 | 0.70 | 0.80 | 0.90 | 1.00 | 1.10 |
| $400,000 - 449,999.99 | 0.35 | 0.57 | 0.67 | 0.72 | 0.82 | 0.92 | 1.02 | 1.12 |
| $450,000 - $499,999.99 | 0.36 | 0.58 | 0.68 | 0.73 | 0.83 | 0.93 | 1.03 | 1.13 |
| $500,000 - 599,999.99 | 0.38 | 0.60 | 0.70 | 0.75 | 0.85 | 0.95 | 1.05 | 1.15 |
| $600,000 - 699,999.99 | 0.39 | 0.61 | 0.71 | 0.76 | 0.86 | 0.96 | 1.06 | 1.16 |
| $700,000 - 799,999.99 | 0.40 | 0.62 | 0.72 | 0.77 | 0.87 | 0.97 | 1.07 | 1.17 |
| $800,000 - 899,999.99 | 0.41 | 0.63 | 0.73 | 0.78 | 0.88 | 0.98 | 1.08 | 1.18 |
| $900,000 - 999,999.99 | 0.42 | 0.64 | 0.74 | 0.79 | 0.89 | 0.99 | 1.09 | 1.19 |
| $1,000,000 - 1,499,999.99 | 0.43 | 0.65 | 0.75 | 0.80 | 0.90 | 1.00 | 1.10 | 1.20 |
| $1,500,000 + | 0.44 | 0.66 | 0.76 | 0.81 | 0.91 | 1.01 | 1.11 | 1.21 |
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interest earned since the last issue date; for six months to one year, the penalty is 3 months interest on the amount withdrawn; for more than one year, the penalty is six months interest on the amount withdrawn.