Deposit Rates: IRA Certificates of Deposit

Effective Friday, August 29th, 2008

Account Type Interest Rate Annual Percentage Yield
182 Days 2.480 2.500
12 Months 2.770 2.800
18 Months 2.770 2.800
24 Months 3.260 3.300
30 Months 3.260 3.300
36 Months 3.310 3.350
48 Months 3.360 3.400
60 Months 3.650 3.700

  • Rates are subject to change without notice.
  • Minimum deposit to open is $500.00.
  • Minimum daily balance to obtain the stated Annual Percentage Yield is $500.00.
  • Penalty may be imposed for early withdrawal.

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Solvay Bank
1537 Milton Ave.
Solvay, NY  13209

Tel: 315-468-1661