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Comm/Ag CD

Comm/Ag

Banking

Have Reassurance of a Fixed Interest Rate.

State Bank of Newburg understands the investments goals of businesses looking to set money aside with the reassurance of a fixed interest rate. We offer a variety of CD accounts to accommodate those goals.

ProductMinimum
Opening Balance
Interest Will Be CreditedInterest RateAnnual
Percentage
Yield (APY)
Fixed Rate or Variable Rate

3 mo Certificate
of Deposit


$1,000.00


At Maturity - under $10,000
Monthly - $10,000 or above


1.20%
1.20%


1.21%
1.21%


Fixed


6 mo Certificate
of Deposit


$1,000.00


At Maturity - under $10,000
Monthly - $10,000 or above


1.70%
1.70%


1.71%
1.71%


Fixed


12 mo Certificate
of Deposit


$500.00


At Maturity - under $10,000
Monthly - $10,000 or above


2.15%
2.15%


2.15%
2.17%


Fixed


24 mo Certificate
of Deposit


$500.00


Annually - under $10,000
Monthly - $10,000 or above


2.30%
2.30%


2.30%
2.32%


Fixed


36 mo Certificate
of Deposit


$500.00


Annually - under $10,000
Monthly - $10,000 or above


2.45%
2.45%


2.45%
2.48%


Fixed


60 mo Certificate
of Deposit


$500.00


Annually - under $10,000
Monthly - $10,000 or above


2.65%
2.65%


2.65%
2.68%


Fixed


Classic IRA
18 mo Certificate
of Deposit


$500.00


Quarterly


2.45%


2.47%


Variable

A penalty may be imposed for early withdrawal.
Annual percentage yield is accurate as of 7/1/2019.
Fees could reduce the earnings on the accounts.

Full disclosures of all products provided at time of account opening or upon request.