Current Rates
Accurate as of: September 8, 2010
|
| $5,000 + | 0.75% | 0.75% |
| $0 - $4,999.99 | 0.75% | 0.75% |
High-Yield Money Market Account 1, 2, 3
|
| $100,000+ | 1.04% | 1.05% |
| $75,000-99,999 | 0.95% | 0.95% |
| $50,000-74,999 | 0.95% | 0.95% |
| $25,000-49,999 | 0.85% | 0.85% |
| $10,000-24,999 | 0.75% | 0.75% |
Certificates of Deposit
|
| Term | Regular | Distinguished |
| 3 month | 0.45% | 0.45% | 0.45% | 0.45% |
| 6 month | 0.65% | 0.65% | 0.65% | 0.65% |
| 7 month | 0.85% | 0.85% | 0.85% | 0.85% |
| 9 month | 0.85% | 0.85% | 0.85% | 0.85% |
| 12 month | 1.00% | 1.00% | 1.00% | 1.00% |
| 13 month | 1.14% | 1.15% | 1.14% | 1.15% |
| 15 month | 1.49% | 1.50% | 1.49% | 1.50% |
| 18 month | 1.49% | 1.50% | 1.49% | 1.50% |
| 2 year | 1.64% | 1.65% | 1.64% | 1.65% |
| 30 month | 1.64% | 1.65% | 1.64% | 1.65% |
| 3 year | 1.99% | 2.00% | 1.99% | 2.00% |
| 4 year | 2.23% | 2.25% | 2.23% | 2.25% |
| 5 year | 2.92% | 2.95% | 2.92% | 2.95% |
| 18 Month Variable IRA/Keogh Only | 1.49% | 1.50% | - | - |
Premier Interest Checking Account & IOLA Account 1, 3
|
| $10,000 + | 0.25% | 0.25% |
| $5,000 - $9,999 | 0.20% | 0.20% |
| $0 - 4,999 | - | - |
Premium Savings Account 1, 3
|
| $2,500 + | 0.75% | 0.75% |
| $500 - $2,499 | 0.35% | 0.35% |
| $0 - 499 | - | - |
Checking w/ Interest, Distinguished Checking ($3,500 +) 1, 3
|
| $100,000+ | .05% | .05% |
| $50,000 - $99,999 | .05% | .05% |
| $25,000 - $49,999 | .05% | .05% |
| $2,500 - $24,999 | .05% | .05% |
| $0 - $2,499 | - | - |
*APY (Annual Percentage Yield) assumes that principal & interest remain on deposit for a full year & is subject to change without prior notice.
1 - Rate may change after account opening.
2 - High-Yield Money Market account balances under $10,000 earn 0% APY. High-Yield MMA rates are for new accounts opened with money not already on deposit at Bank of Smithtown.
3 - Fees may reduce earnings.
4 - For your convenience, eXpress Accounts are completely online accounts. These accounts will only be accessible through Bank of Smithtown Personal Online Banking. When opening with a non-Bank of Smithtown account, funds will only be transferred to or from the initial funding account.
EXPRESS ACCOUNTS WILL NOT BE ACCESSIBLE AT ANY BRANCH LOCATION OR ATM.
Minimum opening deposit for new CDs is $2,500. Student and IRA CDs can open with $1,000 minimum balance. Penalties may apply for early withdrawal.
