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Merchants Bank and Trust Interest Rates on CDs
APY = Annual Percentage Yield
Dated 7/17/08

Certificates of Deposit

Certificates of Deposit

Account Type Interest Rate APY
6 Month Special
2.96% 3.00%
12 Month Special
3.44% 3.50%
18 Month Special
3.68% 3.75%
24 Month Special
3.92% 4.00%
1 Month
2.23% 2.25%
3 Month
2.32% 2.35%
6 Month
2.47% 2.50%
9 Month
2.71% 2.75%
12 Month
2.71% 2.75%
18 Month
2.96% 3.00%
24 Month
3.10% 3.15%
30 Month
3.25% 3.30%
36 Month
3.34% 3.40%
48 Month
3.44% 3.50%
60 Month
3.68% 3.75%

For information concerning jumbo rates contact your local branch.

A penalty may be imposed for early withdrawal from Certificates of Deposit.
APY assumes that the interest will remain in the account.
Rates are subject to change at the Bank's discretion without notice.
Minimum Balance/Opening Amount ($1000 for one month and $500 for all other terms)

 
 
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