Effective January 25, 2012 and until further notice

Certificates of Deposit

minimum deposit: $1,000.00  

Term Interest Rate Annual Percentage Yield Early W/D Penalty Interest Paid
91 Days .10% .10% 3 months interest at maturity
6 Months .15% .15% 3 months interest monthly, quarterly, or at maturity
9 Months .20% .20% 3 months interest monthly, quarterly, or at maturity
10 Months .25% .25% 3 months interest monthly or quarterly
1 Year .40% .40% 6 months interest monthly or quarterly
15 Months .45% .45% 6 months interest monthly or quarterly
18 Months .45% .45% 6 months interest monthly or quarterly
19 Months .50% .50% 6 months interest monthly or quarterly
2 Years .60% .60% 6 months interest monthly or quarterly
3 Years .70% .70% 6 months interest monthly or quarterly
4 Years 1.00% 1.00% 6 months interest monthly or quarterly

Interest calculated on a continuous basis. All rates subject to change.

Please check with your local branch for any additional limited time specials.


I.R.A.'s

no minimum deposit (all of the above CD's available for IRA deposit)

Term Interest Rate Annual Percentage Yield Early W/D Penalty Interest Paid
18 month .45%

.45%

 6 months interest monthly or quarterly

 

Availability of Deposits (Reg. C.C.)- Funds from deposits may not be available for immediate withdrawal. Please refer to this institution's rules governing funds availability for details.

Miami Savings Bank reserves the right to require at least seven days notice before any withdrawal or transfer of funds on all interest bearing accounts. See detailed disclosure for more information.

Unclaimed Fund Law-In the event the account remains inactive for a period of 5 years, the funds will be turned over to the State of Ohio, as provided in Chapter 169 of the Ohio Revised Code.

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012.  This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.

The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest.  It also includes Interest on Lawyers Trust Accounts (“IOLTAs”).  It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

 

 

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