|
|
Savings and Checking Accounts |
These are variable rate accounts. The rate
may change after the account is opened.
Fees may reduce earnings. Fee Schedule
|
Product |
Interest Rate |
*APY |
Minimum Amount To Earn *APY |
Minimum Deposit Required to Open |
|
NOW Checking |
0.05%
|
0.05% |
$.01 |
$10.00
|
|
Savings |
0.25%
|
0.25% |
$.01 |
$10.00 |
|
|
Term
Certificate of Deposits |
A penalty may be imposed for early withdrawal.
|
Term
|
Interest Rate
|
*APY |
Minimum Amount Required to
Earn *APY |
Minimum Deposit Required to Open
|
|
3 Month
|
.50%
|
.50%
|
$.01 |
$2,500.00
|
|
6 Month
|
.85%
|
.85%
|
$.01 |
$2,500.00
|
|
9 Month
|
.85% |
.85%
|
$.01 |
$1,000.00
|
|
12 Month
|
1.24%
|
1.25%
|
$.01 |
$500.00
|
|
15 Month
|
1.29%
|
1.30%
|
$.01 |
$500.00
|
|
18 Month
|
1.49%
|
1.50%
|
$.01 |
$500.00
|
|
24 Month
|
1.65%
|
1.66%
|
$.01 |
$500.00
|
|
30 Month
|
1.50%
|
1.51%
|
$.01 |
$500.00
|
|
36 Month
|
2.00%
|
2.02%
|
$.01 |
$500.00
|
This is a combined sweep account requiring the opening and maintaining of both
Money Manager Checking
and Money Manager Investment account. The Money
Manager Investment account is a variable rate account
where the rate may change
after the account is open. Fees may reduce earnings.
|
Product
|
Interest Rate
|
*APY |
Minimum Amount To Earn *APY
|
Minimum Deposit Required to Open
|
|
Money Manager Checking
|
0.00%
|
0.00% |
$0.00
|
$100.00
|
| Money Manager Investment
|
.70%
|
.70% |
$.01
|
$100.00
|
We also offer many other savings, checking and investment products.
Please call (781) 599-5600 for details.
Equitable Co-operative Bank
400 Broadway
Lynn, MA 01904
*APY= Annual Percentage Yield
