FIRST MOUNTAIN BANK
PRODUCT RATE CHART


Rates Effective August 8, 2014

Account Product Name




Minimum
Daily Balance to
obtain disclosed APY

Balance Ranges
(Minimum Daily)
For Tiered Accounts

From

To

Interest
Rate

Annual
Percentage
Yield(2)

Interest Checking Accounts (1)                               ( $100.00 Minimum Opening Deposit)

Regular Interest Checking

$2,000.00

 

 

0.05%

0.05%

Basic Checking

N/A

 

 

0.05%

0.05%

Premium Checking

N/A

Zero to
$5,000.00 to
$10,000.00 to
$25,000.00

$4,999.99
$9,999.99
$24,999.99
and above

0.05%
0.05%
0.10%
0.15%

0.05%
0.05%
0.10%
0.15%

Money Market Demand Accounts (1)                       ($2,500 Minimum Opening Deposit)

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

0.05%
0.10%
0.15%
0.20%

0.05%
0.10%
0.15%
0.20%

High Altitude Money Market Account (1)                   ($25,000 Minimum Opening Deposit)

Personal or Business

N/A

Zero to
$25,000.00

$24,999.99
and above

0.05%
0.20%

0.05%
0.20%

Savings Accounts (1) (Regular $200 Minimum Opening Deposit / Premium 10,000 Minimum Opening Deposit)

Regular Savings

$200.00

 

 

0.10%

0.10%

Premium Savings

$200.00

$200.00 to
$10,000.00

$9,999.99
and above

0.10%
0.15%

0.10%
0.15%

Certificate of Deposit Accounts (Regular) (3) (Unless noted $1,000 Minimum Opening Deposit)

3 Month CD

$1,000.00

 

 

0.15%

0.15%

6 Month CD

$1,000.00

 

 

0.25%

0.25%

7 Month CD 4

$25,000.00

 

 

0.25%

0.25%

9 Month CD

$1,000.00

 

 

0.30%

0.30%

11 Month CD

$1,000.00

 

 

0.35%

0.35%

12 Month CD

$1,000.00

 

 

0.75%

0.75%

13 Month CD

$1,000.00

 

 

0.75%

0.75%

18 Month CD

$1,000.00

 

 

0.85%

0.85%

24 Month CD

$1,000.00

 

 

1.00%

1.00%

36 Month CD

$1,000.00

 

 

1.05%

1.05%

48 Month CD

$1,000.00

 

 

0.65%

0.65%

60 Month CD

$1,000.00

 

 

0.65%

0.65%

60 Month CD-Special

$1,000.00

 

 

1.25%

1.26%

Certificate of Deposit Accounts (Jumbo) (3) ($100,000 Minimum Opening Deposit)

3 Month CD

$100,000.00

 

 

0.25%

0.25%

6 Month CD

$100,000.00

 

 

0.30%

0.30%

12 Month CD

$100,000.00

 

 

0.80%

0.80%

18 Month CD

$100,000.00

 

 

0.85%

0.85%

24 Month CD

$100,000.00

 

 

1.00%

1.00%

36 Month CD

$100,000.00

 

 

1.05%

1.05%

48 Month CD

$100,000.00

 

 

0.65%

0.65%

60 Month CD

$100,000.00

 

 

0.70%

0.70%

60 Month CD-Special

$100,000.00

 

 

1.35%

1.36%

(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.

(4) $25,000 Minimum Opening Deposit

Offered rates are subject to change without notice.
Rates may change after account opening except on Certificates of Deposit
Fees could reduce earnings on accounts.