Lake Elmo Bank

savings certificates/IRAs
effective as of: December 1, 2014
Savings Certificates/IRAs
Interest Compounded Quarterly
Interest Rate APY
(annual percentage yield)
$1,000 Minimum - $24,999    
6 months .05% .05%
12 months .15% .15%
18 months .25% .25%
24 months .35% .35%
30 months .45% .45%
36 months .50% .50%
48 months .60% .60%
60 months .91% .91% 
     
$25,000 Minimum and Over    
6 months

.15%

.15% 

12 months

.25%

.25%

18 months

.35%

.35%

24 months

.45%

.45%

30 months

.55%

.55%

36 months

.60%

.60%

48 months

.70%

.70%

60 months

1.01%

1.01%
     
Add-vantage CD
Interest Credited at Maturity
Interest Rate APY 
9 month CD    
$1,000 Minimum - $24,999 .10%  .10% 
$25,000 Minimum and Over .20% .20% 
Specials
Interest Compounded Quarterly
Interest Rate APY
24 month Step-Up CD1    
$1,000 Minimum - $24,999 .20% .20% 
$25,000 Minimum and Over .30%  .30% 
1New Certificates of Deposit have a one time Step-Up feature during the original term.
Fees may reduce earnings.  Rates are subject to change and early withdrawal penalties may apply.  Please see account disclosure for individual charges and fees.
Substantial penalty for early withdrawal.
Equivalent of 3 months interest loss on CDs 3 months through 11 months2.
Equivalent of 6 months interest loss on CDs 12 - 23 months2.
Equivalent of 12 months interest loss on CDs 24 months and over2.
2Or a fixed sum of $10.00, whichever amount is greater.

Facebook Home | Privacy Policy | Sitemap
A Tradition of Service

Search Site: 

NMLSR ID 403447
Design & Hosting by D+H Browser Requirements
Copyright D+H All Rights Reserved.
FDIC Equal Housing