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Savings & Investment Rates

Last Updated On: Tuesday, June 10, 2008

Savings and Investment Accounts
Account Type Opening Deposit Minimum Balance Dividend Rate APY* Frequency of Compounding
Capitol Share $10 $10 .50% .50% Monthly
Shares II $10 N/A .50% .50% Monthly
Capitol Money Market** 2,000 balance > $5,000 1.15% 1.16% Monthly
2,000 Balance between $2,000 - $4,999 1.000% 1.000% Monthly
2,000 balance < $2,000 0.000% 0.000% N/A
A+ Money Market** $10,000 balance > $10,000 1.25% 1.26% Monthly
$10,000 balance < $10,000 0.00% 0.00% N/A
Nova Money Market** $25,000 $25,000 1.74% 1.75%** Monthly
Classic IRA $0 $0 1.74% 1.75%** Monthly
Classic Roth $0 $0 1.74% 1.75%** Monthly
Vacation Club N/A N/A .50% .50% Monthly
Holiday Club N/A N/A .50% .50% Monthly

*APY=Annual Percentage Yield. Fees may reduce the earnings on these accounts.

**Rate is effective as of 6/10/08 and can change at anytime. Balances below minimum will not earn interest and will incur a fee. Any withdrawal or transfers less than $100.00 will accrue a $5.00 fee.

Check out a certificate with our partner, Zopa
Term Dividend APY
12 months 3.69% 3.75%

Refer to partner website for full details and disclosure.

Investment and IRA (Traditional and Roth) Certificates
Term $500 Minimum $5,000 Minimum $10,000 Minimum
Dividend Rate APY* Dividend Rate APY* Dividend Rate APY*
3 months 1.736% 1.75% 1.736% 1.75%  N/A N/A
6 months 1.859%  1.88%  1.859% 1.88% 1.982% 2.00%
12 months 1.982% 2.00% 1.982% 2.00%  2.105%     2.13%
Venture** N/A N/A 1.736%  1.75%  N/A N/A
Safari N/A N/A 1.736% 1.75% N/A N/A
Odyssey N/A N/A 1.736% 1.75%  N/A N/A
***24 Months 2.350% 2.38%  2.350% 2.38%  2.472% 2.50%
***36 Months 2.716% 2.75% 2.716% 2.75%  2.838%     2.88%
***48 Months 2.838% 2.88% 2.838%  2.88% 2.960%  3.00%
***60 Months 3.081% 3.13% 3.081% 3.13% 3.203% 3.25%

*APY = Annual Percentage Yield. Rates are effective as of 6/10/08 and can change at anytime. The APYs for certificates assume that the dividends (interest) accrue to the certificate monthly. If you choose to have the dividends accrue to the Capitol Share Account instead, the APY will equal the rate. There are substantial penalties for early withdrawals on Investment Certificates and IRA Certificates. 

**$5,000 minimum balance must be maintained for the 12-month term. Dividends/interest is calculated daily and compounded monthly. No withdrawals may be made for at least seven days after a deposit into this certificate account. Penalties will apply in excess of two withdrawals per term.

***Available as IRA Certificates. IRA Certificate dividends must accrue on the certificate.

Details: IRAs

Certificate Builder** (Unlimited deposits per year during the term)
Term Dividend Rate APY*
12 months 1.86% 1.88%

*APY=Annual Percentage Yield. The APYs for certificates assume that the dividends (interest) accrue to the certificate monthly. If you choose to have the dividends accrue to the Capitol Share Account instead, the APY will equal the rate. There are substantial penalties for early withdrawals on Investment Certificates and IRA Certificates. Also available as an IRA. Set up a $100 monthly automatic reoccurring deposit into this certificate and receive .25% APY bonus rate when you open your new Certificate Builder certificate. **$100 minimum balance must be maintained for the 12-month term. Rate effective as of 6/10/08 and can change at any time. Dividends/interest is calculated daily and compounded monthly.

Safari Certificate** (Unlimited deposits, two no-penalty withdrawals per 18-month period)
Term Dividend Rate APY*
18 months 1.736% 1.75% 

Percentage Yield. The APY’s for certificates assume that the dividends (interest) accrue to the certificate monthly. If you choose to have the dividends accrue to the Capitol Shares Account instead, the APY will equal the rate. Penalties will apply to early withdrawals made in addition to the two-no penalty withdrawals prior to maturity. ** $5,000.00 minimum balance must be maintained for the 18-month term. Rate effective 6/10/08 and can change at any time. Dividends/Interest is calculated daily and compounded monthly. No withdrawals may be made for at least seven days after a deposit into this certificate account. Available as IRA certificate. IRA certificate dividends must accrue on the certificate.

Odyssey Certificates** (Unlimited deposits, two no-penalty withdrawals per 12-month period)
Term Dividend Rate APY*
29 months 1.736% 1.75%

*APY=Annual Percentage Yield. The APYs for certificates assume that the dividends (interest) accrue to the certificate monthly. If you choose to have the dividends accrue to the Capitol Share Account instead, the APY will equal the rate. There are substantial penalties for early withdrawals on Investment Certificates and IRA Certificates.

**$5,000 minimum balance must be maintained for the 29-month term. Rate effective as of 6/10/08 and can change at any time. Dividends/interest is calculated daily and compounded monthly. Penalties will apply on withdrawals in excess of two per year. No withdrawals may be made for at least seven days after a deposit into this certificate account. Available as IRA Certificate. IRA Certificate dividends must accrue on the certificate.

Details: Odyssey Certificates

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Jumbo Certificate**
Term Dividend Rate APY*
24 months 2.59% 2.63%

*APY=Annual Percentage Yield. The APYs for certificates assume that the dividends (interest) accrue to the certificate monthly. If you choose to have the dividends accrue to the Capitol Share Account instead, the APY will equal the rate. There are substantial penalties for early withdrawals on Investment Certificates and IRA Certificates.

**$99,000 minimum balance must be maintained for the 24-month term. Rate effective as of 6/10/08 and can change at any time. Dividends/interest is calculated daily and compounded monthly. Available as IRA Certificates. IRA Certificate dividends must accrue on the certificate.

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Checking Accounts
Account Minimum Balance Dividend Rate APY* Frequency of Compounding
Participation Checking™: Better Than Free $0 N/A N/A N/A
Participation Checking™: Interest Reward $5,000 2.59% 2.63% Monthly
Free Checking ($20 deposit to open) $0 N/A N/A N/A
Progressive Checking ($220 deposit to open) $200 .10% .10% Monthly

*APY=Annual Percentage Yield. Rate effective as of 5/19/08 and can change at anytime. Fees may reduce the earnings on these accounts. Rates are subject to change without notice. Rules governing these accounts are available upon request.

Details: Checking Accounts Basic   Participation

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