Rates Effective July 29, 2010
Rates are subject to change without notice.
Please contact your local banking center for the most current rates.
Interest is calculated on a simple interest basis and requires interest to be paid at least annually on CD’s more than one year. CD’s in the amount of $10,000 or less must have interest deposited into an account at Central Progressive Bank. A penalty may be imposed for early withdrawal. ***Jumbo rates do not apply to CD Specials. Jumbo rates require a balance of $100,000 or greater. Jumbo rates do not apply to CD specials.
| Terms |
Minimum Deposit to Open Account |
Minimum Balance to Obtain APY* |
Interest Rate |
APY* |
JUMBO APY*** |
|
$1,000 |
$1,000 |
0.10% |
0.10% |
0.10% |
|
$1,000 |
$1,000 |
0.30% |
0.30% |
0.30% |
|
$1,000 |
$1,000 |
0.30% |
0.30% |
0.30% |
|
$1,000 |
$1,000 |
0.50% |
0.50% |
0.50% |
|
$1,000 |
$1,000 |
0.75% |
0.75% |
0.75% |
|
$500 |
$500 |
1.35% |
1.35% |
1.35% |
|
$500 |
$500 |
1.25% |
1.25% |
1.25% |
|
$500 |
$500 |
1.90% |
1.90% |
1.90% |
|
$500 |
$500 |
2.25% |
2.25% |
2.25% |
|
$500 |
$500 |
2.22% |
2.22% |
2.22% |
|
$500 |
$500 |
2.38% |
2.38% |
2.38% |
|
$500 |
$500 |
2.38% |
2.38% |
2.38% |
|
$500 |
$500 |
2.58% |
2.58% |
2.58% |
|
$500 |
$500 |
3.26% |
3.26% |
3.26% |
|
$500 |
$500 |
2.00% |
2.00% |
2.00% |
Top of Page
| Account Type |
Min. Dep. To Open Account |
Min. Bal. To obtain APY* |
Interest Rate |
APY* |
|
$50 |
$0 |
0.50% |
0.50% |
|
$5 |
$0 |
0.50% |
0.50% |
|
$5 |
$0 |
0.50% |
0.50% |
|
$50 |
$250,000 |
0.88% |
0.88% |
|
|
$100,000 |
0.88% |
0.88% |
|
|
$50,000 |
0.75% |
0.75% |
|
|
$2,500 |
0.40% |
0.40% |
|
|
<$2,500 |
.00% |
.00% |
Top of Page
Traditional IRA’s: Interest paid at maturity only
Roth & Educational IRA’s: Interest compounded annually.
Jumbo rates require a balance of $100,000 or greater.
| Terms |
Minimum Deposit to Open Account |
Minimum Balance to Obtain APY* |
Interest Rate |
APY* |
Jumbo Rate |
Jumbo APY* |
|
$100 |
$100 |
1.50% |
1.50% |
1.50% |
1.50% |
|
$100 |
$100 |
1.50% |
1.50% |
1.50% |
1.50% |
|
$100 |
$100 |
1.83% |
1.83% |
1.83% |
1.83% |
|
$100 |
$100 |
1.83% |
1.83% |
1.83% |
1.83% |
|
$100 |
$100 |
2.05% |
2.04% |
2.05% |
2.04% |
|
$100 |
$100 |
2.05% |
2.04% |
2.05% |
2.04% |
|
$100 |
$100 |
2.58% |
2.57% |
2.58% |
2.57% |
|
$100 |
$100 |
2.58% |
2.57% |
2.58% |
2.57% |
|
$100 |
$100 |
2.87% |
2.86% |
2.87% |
2.86% |
|
$100 |
$100 |
2.87% |
2.86% |
2.87% |
2.86% |
|
$500 |
$500 |
2.87% |
2.86% |
2.87% |
2.86% |
|
$500 |
$500 |
2.87% |
2.86% |
2.87% |
2.86% |
Top of Page
Wealth Builder Money Market Accounts can be opened for both personal and business accounts. Rates are variable. Rates may change after opening. Fees may reduce earnings.
| Account Type |
Minimum Deposit to Open Account |
Minimum Balance to Obtain APY* |
Interest Rate |
APY* |
|
$1000 |
>.00 |
0.75% |
0.75% |
|
$1000 |
$50,000 |
0.90% |
0.90% |
|
$1000 |
$200,000 |
1.10% |
1.11% |
|
$1000 |
$500,000 |
1.10% |
1.11% |
|
$1000 |
$1,000,000 |
1.10% |
1.11% |
Top of Page
Is It Time To Refinance?
- Is your current 30 year mortgage rate above 6.00%?
- Do you currently have an adjustable rate or a balloon mortgage?
- Do you have a lot of equity in your home that could be put to use in other areas (Expansion, College, or Debt Consolidation)?
Rates Effective July 29, 2010
| Term |
Rate |
APR |
Disc. Pt. |
Number of Days |
|
4.375% |
4.4863% |
1 |
30 |
|
3.875% |
4.0676% |
1 |
30 |
Top of Page
Quotes are based upon: Loan amount of $200,000, middle credit score of 740 and above, primary residence, single family, purchase or rate & term refinance, and 30 day rate lock period. Other loan programs such as FHA available with loan amounts up to $287,500* with credit scores as low as 620 at very competitive rates on purchases or refinances. (*maximum loan amount will vary based on parish/county and state where property is located). Subject to credit and property approval. Cashout refinance available @ slightly different terms. Rates subject to change at any time. ** APR calculated at 80% loan to value, $200,000 loan amount and includes a minimum $500.00 origination service fee.
Please call your local loan officer.
Rates subject to change at any time.
*APY*: Annual Percentage Yield
