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CDs (Certificates of Deposit) at a Glance

Mutual Bank offers a variety of CDs to fit every customer. At Mutual Bank, interest on CDs is compounded and credited monthly. Mutual Bank offers the following CD terms:

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Regular CD or IRA Specials

The minimum balance to open a Regular CD or IRA special is $2,500.00.

Promotional CD or IRA Term Interest Compounded
and Credited
APY*
12 month CD / IRA monthly 4.10%
16 month CD / IRA monthly 4.30%
24 month CD / IRA monthly 4.30%
60 month CD / IRA monthly 5.10%



Regular CD or IRA Investments

The minimum balance to open a Regular CD or IRA is $1,000.00.

Regular CD or IRA Term Interest Compounded
and Credited
APY*
3 month CD / IRA monthly 2.73%
6 month CD / IRA monthly 2.99%
18 month CD / IRA monthly
3.423%
30 month CD / IRA monthly
3.88%
36 month CD / IRA monthly 3.89%
48 month CD / IRA monthly 4.12%

* Annual Percentage Yield. Interest Rates accurate as of 11/17/08 and are subject to change without notice. A penalty may be imposed for early withdrawals. APY assumes interest remains on deposit until maturity. All CDs are FDIC insured. For more information, contact a personal banker or call 1-877-637-3111.



Jumbo CD or IRA Specials

The minimum balance to open a Jumbo CD or IRA special is $95,000.01.

Promotional CD or IRA Term Interest Compounded
and Credited
APY*
12 month Jumbo CD / IRA monthly 3.84%
16 month Jumbo CD / IRA monthly 4.04%
24 month Jumbo CD / IRA monthly 4.04%
60 month Jumbo CD / IRA monthly 4.84%



Jumbo CD or IRA Investments

The minimum balance to open a Jumbo CD or IRA is $95,000.01.

Jumbo CD or IRA Term Interest Compounded
and Credited
APY*
3 month Jumbo CD / IRA monthly 2.48%
6 month Jumbo CD / IRA monthly 2.73%
18 month Jumbo CD / IRA monthly
3.165%
30 month Jumbo CD / IRA monthly
3.62%
36 month Jumbo CD / IRA monthly 3.63%
48 month Jumbo CD / IRA monthly 3.86%

* Annual Percentage Yield. Interest Rates accurate as of 11/17/08 and are subject to change without notice. A penalty may be imposed for early withdrawals. APY assumes interest remains on deposit until maturity. All IRAs are FDIC insured. For more information, contact a personal banker or call 1-877-637-3111.

United IRAs can be opened with as little as $250 and deposits are allowed. Contact a personal banker for more details.

 
 
       
 
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