First Bank of the Lake Rates
For Further Information Please Call 573-348-2265

Certificate of Deposits

Minimum Opening Balance = $2,000

3   Months 0.10 (0.10 APY)
6   Months 0.15 (0.15 APY)
12 Months 0.75 (0.75 APY)
18 Months 0.75 (0.75 APY)
24 Months 0.95 (0.95 APY)
30 Months 1.00 (1.00 APY)
36 Months 1.25 (1.26 APY)
48 Months 1.25 (1.26 APY)
60 Months 1.25 (1.26 APY)

CD SPECIALS ($5,000 Minimum Opening Balance)

9   Months 0.85 (0.85 APY)*
15 Months 1.00 (1.00 APY)*

3-6 Month CDs Interest Compounds at Maturity
9-60 Month CDs Interest Compounds Quarterly
APY = Annual Percentage Yield
Substantial penalty for early withdrawal

IRA Account

Rates are the same as for regular certificates of deposit. No IRA accounts are opened for a period of less than 12 months.

Interest Bearing Checking

0.05% / 0.05% APY

Minimum Opening Balance = $200
$8.00 monthly fee if balance falls below $750
Maintenance and activity fees could reduce balance below minimum required to earn interest
Interest Rate may change at any time.
Daily interest not paid when balance falls below $750
Interest on collected balances paid monthly

Statement Savings Interest

0.05% / 0.05% APY

Minimum Opening Balance = Personal Savings = $100 / Business Savings = $500
$1.00 monthly fee if balance falls below $200
Interest Rate may change at any time
Interest on collected balances paid quarterly
Over 6 withdrawals per month will result in a charge of $.50 each

Money Market Accounts

$0 - $24,999.99 = .10% / .10% APY
$25,000.00 - $49,999.99 = .15% / .15% APY
$50,000.00 - $99,999.99 = .25% / .25% APY
$100,000.00 and up = .50% /.50% APY

Minimum Opening Balance = $500
$8.50 per month maintenance fee if balance falls below $1,000.00
Maintenance and activity fees could reduce balance below minimum required to earn interest
Interest Rate may change at any time
Daily interest not paid when balance falls below $1,000.00
Interest on collected balances paid monthly
Over 3 checks per cycle $5 each / Over 6 debits per cycle $5 each

 

FDIC - Member Federal Deposit Insurance Corporation
Each depositor insured to at least $250,000