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FIRST MOUNTAIN BANK
PRODUCT RATE CHART
|
Account Product Name
| Minimum
Daily
Balance to
Earn Interest | Balance Ranges
(Minimum Daily)
For Tiered Accounts
| Interest
Rate | Annual
Percentage
Yield(2)
|
|
Interest Checking Accounts (1) |
Regular Interest Checking | $2,000.00 | | | 0.150% | 0.150% |
Basic Checking | N.A. | | | 0.150% | 0.150% |
Premium Checking | | Zero to
$5,000.00 to
$10,000.00 to
$25,000.00 | $4,999.99
$9,999.99
$24,999.99
and above | 0.150%
0.200%
0.250%
0.250%
| 0.200%
0.200%
0.250%
0.250% |
Money Market Demand Accounts (1) |
Personal Plus or Business Plus | $2,500.00 | $2,500.00 to
$25,000.00 to
$50,000.00 to
$75,000.00 | $24,999.99
$49,999.99
$74,999.99
and above | 0.250%
0.400%
0.500%
0.500% | 0.250%
0.400%
0.500%
0.500% |
High Altitude Money Market Account (1) |
Personal or Business | $25,000.00 | Zero to
$25,000.00 | $24,999.99
and above | 0.250%
0.500% | 0.250%
0.500% |
Savings Accounts (1) |
Regular Savings | $200.00 | | | 0.150% | 0.150% |
Premium Savings
|
$200.00
|
$200.00 to
$10,000.00
|
$9,999.99
and above
|
0.350%
0.495%
|
0.350%
0.500%
|
Certificate of Deposit Accounts (Regular) (3) |
3 Month CD | $1,000.00 | | | 0.300% | 0.300% |
6 Month CD | $1,000.00 | | | 0.400% | 0.400% |
7 Month CD | $25,000.00 | | | 0.400% | 0.400% |
9 Month CD | $1,000.00 | | | 0.550% | 0.550% |
11 Month CD | $1,000.00 | | | 0.750% | 0.750% |
12 Month CD | $1,000.00 | | | 0.890% | 0.900% |
13 Month CD | $1,000.00 | | | 1.164% | 1.170% |
18 Month CD | $1,000.00 | | | 1.000% | 1.010% |
24 Month CD | $1,000.00 | | | 1.145% | 1.150% |
36 Month CD | $1,000.00 | | | 1.490% | 1.500% |
48 Month CD | $1,000.00 | | | 1.490% | 1.500% |
60 Month CD | $1,000.00 | | | 1.490% | 1.500% |
Certificate of Deposit Accounts (Jumbo) (3) |
3 Month CD | $100,000.00 | | | 0.400% | 0.400% |
6 Month CD | $100,000.00 | | | 0.450% | 0.450% |
12 Month CD | $100,000.00 | | | 1.145% | 1.150% |
18 Month CD | $100,000.00 | | | 1.190% | 1.200% |
24 Month CD | $100,000.00 | | | 1.240% | 1.250% |
36 Month CD | $100,000.00 | | | 1.490% | 1.500% |
48 Month CD | $100,000.00 | | | 1.490% | 1.500% |
60 Month CD | $100,000.00 | | | 1.490% | 1.500% |
(1) The interest rate and annual percentage yield may change after account opening for accounts in this
category.
(2) The annual percentage yield calculation assumes a $1,000 deposit for 12 months with monthly compounding.
(3) A penalty for early withdrawal may be imposed on any certificate of deposit account withdrawn prior to maturity.
Offered rates are subject to change without notice.
Fees could reduce earnings on accounts.
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