Deposit Rates: Checking Accounts

Effective Tuesday, December 2nd, 2008

Account Type Interest Rate Annual Percentage Yield
NOW - Personal
$15.00 minimum deposit to open
$0.01 minimum balance to obtain APY
0.250 0.250
NOW - Non Personal
$100.00 minimum deposit to open
$0.01 minimum balance to obtain APY
0.250 0.250
Money Market - Personal
(Balance $2,500 to $9,999.99)
$15.00 minimum deposit to open.
$2,500 minimum balance to obtain APY.
0.900 0.900
Money Market - Personal
(Balance $10,000 to $24,999.99)
$15.00 minimum deposit to open.
$10,000 minimum balance to obtain APY.
0.900 0.900
Money Market - Personal
(Balance $25,000 to $49,999.99)
$15.00 minimum deposit to open.
$25,000 minimum balance to obtain APY.
1.000 1.000
Money Market - Personal
(Balance $50,000 to $99,999.99)
$15.00 minimum deposit to open.
$50,000 minimum balance to obtain APY.
1.090 1.100
Money Market - Personal
(Balance $100,000 & over)
$15.00 minimum deposit to open.
$100,000 minimum balance to obtain APY.
1.240 1.250
Money Market - Non Personal
(Balance $2,500 to $9,999.99)
$100.00 minimum deposit to open.
$2,500 minimum balance to obtain APY.
0.700 0.700
Money Market - Non Personal
(Balance $10,000 to $24,999.99)
$100.00 minimum deposit to open.
$10,000 minimum balance to obtain APY.
0.850 0.850
Money Market - Non Personal
(Balance $50,000to $99,999.99)
$100.00 minimum deposit to open.
$50,000 minimum balance to obtain APY.
0.900 0.900
Money Market - Non Personal
(Balance $25,000 to $49,999.99)
$100.00 minimum deposit to open.
$25,000 minimum balance to obtain APY.
0.900 0.900
Money Market - Non Personal
(Balance $100,000 & over)
$100.00 minimum deposit to open.
$100,000 minimum balance to obtain APY.
1.000 1.000
Money Market - Advantage
Personal Checking Account Required
Less Than $25,000
$25,000 minimum deposit to open.
$0.01 minimum balance to obtain APY.
0.600 0.600
Money Market - Advantage
Personal Checking Account Required
$25,000 to $99,999.99
$25,000 minimum deposit to open.
$25,000 minimum balance to obtain APY.
1.190 1.200
Money Market - Advantage
Personal Checking Account Required
$100,000 & Over
$25,000 minimum deposit to open.
$100,000 minimum balance to obtain APY.
1.490 1.500
Health Savings Account
Less Than 1,999.99
$50 minimum deposit to open.
$0.01 minimum balance to obtain APY.
0.700 0.700
Health Savings Account
$2,000 to $9,999.99
$2,000 minimum deposit to open.
$2,000 minimum balance to obtain APY.
2.130 2.150
Health Savings Account
$10,000.00 & Over
$10,000 minimum deposit to open.
$10,000 minimum balance to obtain APY.
2.960 3.000
Business Money Market Advantage
Business Checking Account Required
Less Than $25,000
$25,000 minimum deposit to open.
$0.01 minimum balance to obtain APY.
0.600 0.600
Business Money Market Advantage
Business Checking Account Required
$25,000 to $99,999.99
$25,000 minimum deposit to open.
$25,000 minimum balance to obtain APY.
1.190 1.200
Business Money Market Advantage
Business Checking Account Required
$100,000 & Over
$25,000 minimum deposit to open.
$100,000 minimum balance to obtain APY.
1.490 1.500

  • Rates are subject to change without notice.
  • Interest rates may change after customer opens account.
  • Fees could reduce the earnings on the account.

Back to Solvay Bank Rates

 

     
   

   


 

     
     
 

Home | About Us | Products | Rates | Locations

Copyright © 2006
 
Solvay Bank
1537 Milton Ave.
Solvay, NY  13209

Tel: 315-468-1661