Saving Products

ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE
FEES MAY REDUCE EARNINGS.
Please call 864.638.5444 for any available specials.

Rates and Terms for various savings options:
Rates effective as of 05/09/2013

Type

Minimum
Deposit

Compound

Annual
Percentage Yield**

Now Checking***

$500

Monthly

0.05%

Regular Savings

$100

Quarterly

0.10%

Money Mkt. Dep.

Less than $2,500

Bi-Monthly

0.10%

 

$2,500 > $10,000

Bi-Monthly

0.15%

 

$10,000 > $25,000

Bi-Monthly

0.20%

 

$25,000 and More

Bi-Monthly

0.25%

Club Accounts

$5

Annually

0.15%

Certificate of Deposit Accounts*:

Type

Minimum
Deposit

Compound

Annual
Percentage Yield**

3 Month CD (91 D)

$2,000

Quarterly

0.10%

6 Month CD (182 D) $1,500 Semi-Annual 0.25%
12 Month CD $1,000 Semi-Annual 0.30%
18 Month CD $1,000 Semi-Annual 0.35%
24 Month CD $1,000 Semi-Annual 0.40%
30 Month CD $1,000 Semi-Annual 0.45%
36 Month CD $1,000 Semi-Annual 0.50%
48 Month CD $1,000 Semi-Annual

0.55%

60 Month CD $1,000 Semi-Annual

0.90%

Special Offer Certificate of Deposit*:
    -With a new or existing checking account
    -For a limited time only

Type

Minimum
Deposit

Compound

Annual
Percentage Yield**

13 Month CD

$5,000

Semi-Annual

0.35%

Individual Retirement Accounts:

Type

Minimum
Deposit

Compound

Annual
Percentage Yield**

IRA SAVINGS $100 Semi-Annual 0.20%
18 Month IRA CD $1,500 Semi-Annual 0.35%

*Penalty may be assessed on Certificates of Deposit for early withdrawal.
**Annual Percentage Yield refers to simple interest.
It assumes reinvestment of the interest earned at the rate listed.
***$500.00 Minimum balance is required to earn APY.

Blue Ridge Bank is a member of the FDIC, which insures deposits up to $250,000 under the FDIC's general deposit insurance rules.