STANDARD DEPOSIT RATES
Rates effective June 1, 2013. Rates may change after accounts are opened. Fees may reduce earnings.
Personal Deposit Accounts
| Account | Minimum Deposit to Open | Minimum Balance to Obtain Interest Rate | Annual Percentage Yield (APY)* |
|---|---|---|---|
| Kasasa Cash | $0 | $0 - $10,000.00 $10,000.00 and up Non-qualifying | 2.05% 2.05%-0.64% 0.05% |
| Kasasa Saver | $0 | $0 - $10,000.00 $10,000.00 and up Non-qualifying | 1.05% 1.05%-0.55% 0.05% |
| Free Interest Checking | $100.00 | $1,000.00 | 0.05% |
| Cornerstone Interest Checking | $1,000.00 | $1,000.00 $10,000.00 $15,000.00 | 0.05% 0.10% 0.20% |
| Conerstone Money Market | $2,500.00 | $2,500.00 $10,000.00 $25,000.00 | 0.20% 0.30% 0.55% |
| Standard Money Market | $1,000.00 | $1,000.00 $5,000.00 $10,000.00 | 0.10% 0.15% 0.25% |
| Statement Savings | $100.00 | None | 0.50% |
| Kids Statement Savings Account | $10.00 | None | 0.50% |
| Christmas Club | $10.00 | None | 0.50% |
Kasasa Cash: Simply do the following each monthly qualification cycle: Have at least 12 debit card purchases post and clear; Receive free eStatements, and Access Kasasa 360 money management tools at least once.
*APY=Annual Percentage Yield. APYs are accurate as of 06/01/2013. Rates may change after the account is opened. Minimum to open account is $100. If qualifications are met each monthly qualification cycle: (1)ATM fees incurred during the qualification cycle will be reimbursed and credited to the account on the last day of the monthly statement cycle; (2)balances up to $10,000 receive an APY of 2.05%; and (3)balances over $10,000 earn 0.50% interest rate on the portion of the balance over $10,000, resulting in 2.05% to 0.64% APY depending on the balance in the account. If qualifications are not met, all balances earn 0.05% APY. Qualifying transactions must post to and clear the account during the monthly qualification cycle. Transactions may take one or more banking days from the date the transaction was made to post to and clear an account. Transfers between your accounts with us do not count as qualifying transactions. The monthly qualification cycle is not the same as your monthly statement cycle. Contact us for more information about the monthly qualification cycle. Limit one account per SSN.
Kasasa Saver: There are no extra qualifications to get the Kasasa Saver reward rate. If you qualify for Kasasa Checking rewards, you automatically get the Saver rate too! Simply do the following each monthly qualification cycle: Have at least 12 debit card purchases post and clear, Receive free eStatements, and Access Kasasa 360 money management tools at least once.
*APY=Annual Percentage Yield. APYs are accurate as of 06/01/2013. Rates may change after the account is opened. Minimum to open account is $100. Qualifying transactions must post to and clear the Kasasa Cash account during the monthly qualification cycle. Transactions may take one or more banking days from the date the transaction was made to post to and clear an account. Transfers between your accounts with us do not count as qualifying transactions. The monthly qualification cycle is not the same as your monthly statement cycle. Contact us for more information about the monthly qualification cycle. The advertised Kasasa Cash APY is based on compounding interest. The interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. The actual interest amount paid may be less than the advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than the Kasasa Cash APYs. If qualifications in the Kasasa Cash account are met each monthly qualification cycle: (1)balances up to $10,000 in the Kasasa Saver account receive an APY of 1.05%; and (2)balances over $10,000 in the Kasasa Saver account earn 0.50% interest rate on the portion of the balance over $10,000, resulting in1.05% to 0.55% APY depending on the balance in the account. If qualifications are not met on Kasasa Cash, all balances in the Kasasa Saver account earn 0.05% APY. Limit one account per SSN.
Free Interest Checking: ATM surcharge reimbursement of up to $10 per month. If account is closed within 90 days, a $50 account closing fee will apply. Interest is compounded and credited monthly.
Cornerstone Interest Checking: ATM surcharge reimbursement of up to $20 per month. Direct deposit is required or a $10 monthly fee applies. If account is closed within 90 days, a $50 account closing fee will apply. Interest is compounded and credited monthly.
Cornerstone Money Market: ATM surcharge reimbursement of up to $10 per month. If Average Ledger Balance for the statement period falls below $2,500, a $15 fee will be assessed. If account is closed within 90 days, a $50 account closing fee will apply. A depositor may make no more than six covered transfers or withdrawals per statement cycle or a $10.00 excessive transaction fee per each additional transfer or withdrawal will apply. Interest is compounded and credited monthly.
Standard Money Market: ATM surcharge reimbursement of up to $10 per month. If Average Ledger Balance for the statement period falls below $1,000, a $6 fee will be assessed. If account is closed within 90 days, a $50 account closing fee will apply. A depositor may make no more than six covered transfers or withdrawals per statement cycle or a $10.00 excessive transaction fee per each additional transfer or withdrawal will apply. Interest is compounded and credited monthly.
Statement Savings: ATM surcharge reimbursement of up to $10 per month. If Average Ledger Balance for the statement period falls below $100, a $1 fee will be assessed. If account is closed within 90 days, a $50 account closing fee will apply. A depositor may make no more than six covered transfers or withdrawals per statement cycle or a $10.00 excessive transaction fee per each additional transfer or withdrawal will apply. Interest is compounded and credited monthly.
Kids Statement Savings: If Average Ledger Balance for the statement period falls below $10, a $1 fee will be assessed. If account is closed within 90 days, a $50 account closing fee will apply. A depositor may make no more than six covered transfers or withdrawals per statement cycle or a $10.00 excessive transaction fee per each additional transfer or withdrawal will apply. Interest is compounded and credited monthly.
Christmas Club: If account is closed prior to the issuing of Christmas Club checks, a $15.00 account closing fee will apply. Christmas Club disbursements are issued in November. Interest is compounded and credited annually.
Personal Certificates of Deposit (CDs)
| Term | Minimum Deposit to Open | Annual Percentage Yield (APY) |
|---|---|---|
| 3 Months | $1,000.00 | 0.15% |
| 5 Months | $1,000.00 | 0.25% |
| 6 Months | $1,000.00 | 0.30% |
| 12 Months | $1,000.00 | 0.60% |
| 15 Months | $1,000.00 | 0.65% |
| 18 Months | $1,000.00 | 0.70% |
| 24 Months | $1,000.00 | 0.75% |
| 30 Months | $1,000.00 | 0.80% |
| 36 Months | $1,000.00 | 1.00% |
| 48 Months | $1,000.00 | 1.05% |
| 60 Months | $1,000.00 | 1.10% |
*A penalty applies for early withdrawal. Interest is compounded and credited quarterly.
Evergreen Bank Group also offers the CDARS Program, providing multi-million-dollar FDIC insurance for Certificates of Deposit. Please contact an Executive Banker at your local branch for more information.
Business Deposit Accounts
| Product | Minimum Deposit to Open | Minimum Balance to Obtain Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Evergreen Business Interest Checking | $100.00 | $1,000.00 | 0.05% |
| Evergreen Free Business Checking | $100.00 | N/A | N/A |
| Evergreen Commercial Checking | $100.00 | N/A | N/A |
| Cornerstone Business Money Market | $2,500.00 | $2,500.00 $10,000.00 $25,000.00 $100,000.00 | 0.20% 0.30% 0.55% 0.65% |
| Evergreen Business Savings | $500.00 | None | 0.50% |
Evergreen Business Interest Checking: Available for sole proprietorships, nonprofits, and government entities. Must maintain a balance of $1,000 or above or a $5 monthly fee will be assessed. ATM surcharge reimbursement of up to $10 per month. If account is closed within 90 days, a $50 account closing fee will apply. Interest is compounded and credited monthly.
Evergreen Free Business Checking: ATM surcharge reimbursement of up to $10 per month. If account is closed within 90 days, a $50 account closing fee will apply.
Evergreen Commercial Checking: Commercial Account Analysis account with competitive Earnings Credit Rate. Please contact an Executive Banker at your local branch for more details.
Cornerstone Business Money Market: Must maintain a balance of $2,500 or above or a $15 monthly fee will be assessed. ATM surcharge reimbursement of up to $10 per month. If account is closed within 90 days, a $50 account closing fee will apply. A depositor may make no more than six covered transfers or withdrawals per calendar month or statement cycle or a $10.00 excessive transaction fee per each additional transfer or withdrawal will apply. Interest is compounded and credited monthly.
Evergreen Business Savings: ATM surcharge reimbursement of up to $10 per month. If Average Ledger Balance for the statement period falls below $500, a $5 fee will be assessed. If account is closed within 90 days, a $50 account closing fee will apply. A depositor may make no more than six covered transfers or withdrawals per statement cycle or a $10.00 excessive transaction fee per each additional transfer or withdrawal will apply. Interest is compounded and credited monthly.
All accounts subject to credit approval. Other terms and conditions may apply. For more information, please contact an Executive Banker at your local branch.
All Interest Rates and Annual Percentage Yields (APY) are accurate as of June 1, 2013 and are subject to change at any time. The disclosed APY assumes that interest will remain on deposit until maturity. Fees or withdrawals could reduce earnings.
