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Rates For Various Interest Bearing Deposit Accounts

Effective as of March 04, 2010

 
 
Type of Account Annual Percentage Yield Compounded
and Paid
Simple
Interest Rate
Minimum to Obtain APY Minimun to
Open Account
Super Now

.25%

Monthly

.25%

 

$500

Money Market

.50%

Monthly

.50%

 

$1,000

Money Market Plus

Base rate less 75 basis points

Base rate less 50 basis points

Base rate less 25 basis points

Base rate

.25%
.75%

.85%

1.00%

1.25%

Monthly
Monthly

Monthly

Monthly

Monthly

.25%
.75%

.85%

1.00%

1.24%

$0 - $9,999
$10,000-$25,000

$25,000-$50,000

$50,000-$75,000

Over $75,000

$10,000

Statement Savings/Christmas Club

.25%

Quarterly

.25%

 

$50

Health Savings Account

.25%

Monthly

.25%

N/A

$50

Commercial Savings Plus

Base rate less 150 basis points

Base rate less 100 basis points

Base rate less 50 basis points

Base rate

0.25%

0.50%

0.75%

0.85%

1.00%

Monthly
Monthly

Monthly
Monthly

Monthly

0.25%
0.50%

0.75%

0.85%1.00%

$0 - $9,999

$10,000-$50,000

$50,000-$75,000

$75,000-$100,000

Over $100,000


$10,000

Range Advantage Checking

0.25%
0.50%

0.75%

0.85%

1.00%

Monthly
Monthly

Monthly
Monthly

Monthly

 

 

0.25%
0.50%

0.75%

0.85%

1.00%

$0 - $2,499

$2,500-$10,000

$10,000-$25,000

$25,000-$50,000

Over $50,000

$100

 

 
 

For variable rate accounts your rate may change after account is opened. Fees could reduce earnings on the account.

 
 
Type of Account Annual Percentage Yield Compounded
and Paid
Simple Interest Rate Minimum to Obtain APY Minimun to
Open Account
Commercial Checking Earnings Credit

.25%

Monthly

.25%

 

 

 
     
  INTEREST RATES FOR CERTIFICATES OF DEPOSITS  
 
Certificate of Deposit Term Annual Percentage Yield Simple Interest Rate Minimum
Special
7 month
15 month
25 month 1 option

1.35%
1.85%
2.25%

1.34%
1.84%
2.23%


$2,500

30 DAY

.25%

.25%

$5000

91 DAY

.50%

.50%

$2500

182 DAY

.75%

.75%

$2500

9 MONTH

.85%

.85%

$2500

12 MONTH

1.25% 1.24%

$1000

18 MONTH

1.35%

1.34%

$1000

24 MONTH

2.00% 1.99%

$1000

STEP-UP CD

2.25% 1.40%, 1.95%, 2.25%,
3.25%

$2,500

30 MONTH

2.25% 2.23%

$1000

36 MONTH

2.50% 2.48%

$1000

48 MONTH

3.00% 2.97%

$1000

60 MONTH

3.25% 3.21%

$1000

 
  Certificates may be issued for terms other than listed above. Interest for certificates issued for terms other than listed will be paid at the rate for the nearest lower term. The Annual Percentage Yield on all Time Certificates is figured on a compounding quarterly basis for a 12- month period of time. This yield will fluctuate when compounding at a different interval or for any lesser time. Penalty may or will be imposed for early withdrawal. CD rates are valid for customers investing $100,000 or less. Rate quotes for CDs over $100,000 must be authorized by Kenneth Palmer, Roxanne Daust or Bob Martin.  
     
  *Rates are subject to change without prior notice  
  *Rates are good for customers within the bank's market area only  
     
 
Canadian Rate Exchange

Bank Buys Canadian From Customer: 84%

Bank Sells Canadian To Customer: 110%

 
 

***APPROVAL FROM ROXANNE OR BOB FOR EXCHANGES OF $500 OR MORE***

 

 

Equal Housing Lender, Member FCID Copyright © 2007 by Range Bank Financial Corporation | All Rights Reserved
P.O. Box 668, Negaunee, MI 49866 | phone: (906)475-4151 | fax: (906)475-4264
24 Hour Account Information Line: (800) 229-9234
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