Fees
| APY = Annual Percentage Yield |
| |
RATE |
APY |
MINIMUM BALANCE |
| 9 Month
Special |
1.46% |
1.46% |
$5,000 -
interest at maturity |
| 18
Month Special |
1.70% |
1.71% |
$5,000
- interest semiannually |
| 7-31 Days |
0.55% |
0.55% |
$1,000 |
| 91 Days |
0.69% |
0.69% |
$1,000 |
| 6 Months |
0.89% |
0.89% |
$1.000 |
| 12 Months |
1.39% |
1.39% |
$1,000 |
| 18 Months |
1.49% |
1.50% |
$1,000 |
| 24 Months |
1.79% |
1.80% |
$1,000
|
| 30 Months |
1.89% |
1.90% |
$1,000 |
| 36 Months |
1.99% |
2.00% |
$1,000 |
| 48 Months |
2.28% |
2.29% |
$1,000 |
| 60 Months |
2.68% |
2.70% |
$1,000 |
* Interest penalty may be imposed for early withdrawal
|
|
APY = Annual Percentage Yield
* These checking accounts are variable
rate accounts; the rate(s)
and APY(s) may change after the accounts are opened.
Fees could reduce the earnings on the accounts.
|
| PERSONAL
INTEREST BEARING* |
RATE |
APY |
Opening
Deposit $1,000.00
Service Fee $8.00/Below $2,500.00 |
| $0.00 - $2,499.99 |
N/A |
N/A |
|
| $2,500.00
- $19,999.99 |
0.49% |
0.49% |
|
| $20,000.00 - 49,999.99 |
0.79% |
0.79% |
|
| $50,000.00
and above |
0.89% |
0.89% |
|
| |
| INTEREST
BEARING BUSINESS MONEY MARKET* |
RATE |
APY |
Opening
Deposit $2,500.00
Service Fee $10.00/Below $2,500.00 |
| $0.00 - $2499.99 |
N/A |
N/A |
|
| $2,500.00
- $19,999.99 |
0.49% |
0.49% |
|
| $20,000.00 - $49,999.99 |
0.79% |
0.79% |
|
| $50,000.00
and above |
0.89% |
0.89% |
|
| |
| INTEREST
BEARING BUSINESS CHECKING* |
RATE |
APY |
Opening
Deposit $2,500.00 Maintenance Fee $10.00/Month |
| $2,500 and above |
0.49% |
0.49% |
|
| |
| eVantage Checking |
RATE |
APY
|
RATES EFFECTIVE
08/03/09 |
| $0.00 - $30,000 |
2.42% |
2.45%** |
|
| $30,000
and above |
0.50% |
1.08%** |
|
| **To earn Rate, the following is
required once per statement cycle:
- 10 Debit Card Transactions (Does not include ATM)
- 1 Direct Deposit or ACH Transaction
- Access Online Banking
- Receive Electronic Statements
2.42% APY on the portion of your balance $30,000 and below,
and 0.50% APY on the portion of your balance above $30,000.
The blended APY will range from 2.45% to 1.08% depending on
the balance of the account. $100 minimum opening deposit required.
|
| INTERCONNECTIONS* |
RATE |
APY |
Opening Deposit $2,500.00
Service Fee $10.00/Below $5,000.00 |
| $2,500 and above |
0.59% |
0.59% |
|
| |
APY = Annual Percentage Yield
|
|
RATE |
APY |
DEPOSIT/SERVICE
FEE |
| Regular Savings
Account |
0.64% |
0.64% |
Opening Deposit
$100.00
Service Fee $2.00/Below $200.00 |
| Business
Savings Account |
0.64% |
0.64% |
Opening
Deposit $100.00
Service Fee $2.00/Below $200.00 |
| Christmas Club
- Sweep |
1.00% |
1.00% |
Opening Deposit
$5.00
No Charge |
| Christmas
Club - Payment |
0.75% |
0.75% |
Opening
Deposit $5.00
No Charge |
| 1 Year IRA* |
1.39% |
1.39% |
Opening Balance
$500.00 |
| 2
Year IRA* |
1.79% |
1.80% |
Opening
Balance $500.00 |
| 3 Year IRA* |
1.99% |
2.00% |
Opening Balance
$500.00 |
| 4 Year IRA* |
2.47% |
2.49% |
Opening Balance
$500.00 |
| 5 Year IRA* |
2.68% |
2.70% |
Opening Balance
$500.00 |
| * IRA interest rate may change
at anniversary |
| Online Banking |
No Charge |
| Bill Payment |
4 or more bills paid per calendar
month
3 or less bills paid
per calendar month |
FREE
$5.00 |
Secure storage for your valuables or important records is available
at the Palmer Bank facility in Taylorville.
| Size (inches) |
Annual Rent |
| 3 x 5 |
$15.00 |
| 5 x 10 |
$30.00 |
| 10 x 10 |
$50.00 |
|
| Key replacement |
$20.00 |
| Drilling safe deposit box |
$150.00 min |
| Stop payment (checking) |
$20.00 |
| Stop Payment (savings) |
$20.00 |
| Non sufficient funds (checking) |
$25.00/item ($2/day for continued
overdrafts) |
| Non-sufficient funds (savings) |
$25.00/item |
| Returned deposited item each |
$3.00/item |
| Collection item |
$20.00 |
| Reissue debit card |
$10.00 |
| Telephone transfers between accounts |
$3.00 |
| Inactive account after one year |
$2.00 per month if balance is less
than $200.00 |
| Checking Plus Advance fee |
$5.00 |
| Account Research |
$25.00 per hour/$25.00 minimum
$.05/copy |
| Account Reconciliation |
$25.00 per hour/$25.00 minimum |
| Photocopies |
$.25 each |
| Non-customer coin counting |
5% of total |
| Garnishments |
$75.00 |
| Account closing within 30 days of
opening |
$10.00 |
| Statement printouts |
$3.00/each after 2/month |
| ATM withdrawal at terminal not owned
by CNBSI, Inc. |
$1.00/each |
| Fax service |
$1.00/page |
|
Cashier's checks
|
Customers:2 checks a month free;
$3.00 each after that
Non-Customer: $5.00 |
| Money orders |
$2.00 for customers
$5.00 for non-customers
|
| Cash non-depositor checks |
2% of check/$5.00 minimum |
| Traveler's checks |
$1.50 per $100.00 |
| Wire Transfers |
$20.00 for outgoing
$10.00 for incoming |
| Notary Service |
$1.00 for non-customers
Free for customers
|
| US Savings Bonds |
no issue or redemption fee |
|
Bank-by-mail
|
Bank-by-mail envelopes available |
|
Night Deposit
|
lock bags $15.00 annually |
|
Mastercard,Visa
|
Palmer Bank offers a Mastercard and
Visa merchant program, as well as providing cash advances |
| Utility Payments accepted |
City of Taylorville Water Department
-Village of Palmer Water Department |
|
|
|
| * We are not responsible for transactions initiated
by mail or outside depository until we actually record them |
|
