Current Deposit Rates

Account Product Name Min. Opening Deposit Min. Balance to Obtain APY* Interest Rate APY
Interest Checking b $1,000 $1,000c 0.05% 0.05%
IOLTA Interest Checking b $1,000 $1,000c 1.38% 1.39%
Business Interest Checking 
$1,000 $1,000c 0.05% 0.05%
Business Elite Checking $125,000  $125,000c
   $125,000 - $249,999 k
0.25% 0.25% 
   $250,000 - $499,999 l
0.5% 0.5%
   $500,000 - $999,999 m
0.75%  0.75% 
   $1,000,000 and up n 1.00% 1.00%
Regular Savings Account (Statement) b $25.00 $25.00c 0.11% 0.11%
Minor Savings b $1.00 $25.00c 0.11% 0.11%
Money Market + Account b
Daily Balances of:
Money Market + Account (Bus or Pers) b  $1,000  $1,000c    
   $1,000 - 49,999.99 d $1,000 $1,000c 0.09% 0.09%
   $50,000 - 99,999.99 e $1,000 $1,000c 0.14% 0.14%
   $100,000 and up f $1,000 $1,000c 0.19% 0.19%
Premier Money Market $125,000 $125,000c

  $125,000 - $249,999 o     0.5% 0.5%
  $250,000 - $499,999 p     0.75% 0.75%
  $500,000 - $999,999 q     1.00% 1.00%
  $1,000,000 and up r     1.25% 1.26%
Money Market + Account b, g $10,000 $10,000c 1.88% 1.90%
Christmas Club Account a, b $1.00 $1.00c 2.57% 2.57%
1-181 Day CD a, h $1,000 $1,000 c 0.10% 0.10%
182-364 Day CD a, h $1,000 $1,000 c 0.25% 0.25%
11 Month CD a, h $1,000 $1,000 c 1.51%  1.52%
12-23 Month CD a, h $1,000 $1,000 c 0.55% 0.55%
23 Month CD a, g, h $1,000 $1,000 c 1.70% 1.71%
24-35 Month CD a, h $1,000 $1,000 c 1.00% 1.00%
36-47 Month CD a, h $1,000 $1,000 c 1.10% 1.10%
48-59 Month CD a, h $1,000 $1,000 c 1.25% 1.26%
60 Plus Month CD a, h $1,000 $1,000 c 2.00% 2.02%
60 Month Variable Rate IRA a, j $100.00 $100.00 c 1.15% 1.15%
18 Month CD a, h $1,000 $1,000 c 0.80% 0.80%
30 Month CD "Bump Up" a b h $1,000 $1,000 c 1.85% 1.86%
55 Month CD "Bump Up"  a b g h $1,000 $1,000 c 2.60% 2.63%

*APY = Annual Percentage Yield

 a) A penalty may be imposed for early withdrawal. b) The interest rate and annual percentage yield may change after account opening. c) Daily balance. The daily balance is calculated by the amount of the principal in the account each day. d) If your daily balance/average daily balance is more than $1,000, but less than $49,999.99, the interest rate paid on the entire balance in your account will be 0.09% with an annual percentage yield of 0.09%. e) If your daily balance/average daily balance is more than $50,000 but less than $99,999.99, the interest rate paid on the entire balance in your account will be 0.14% with an annual percentage yield of 0.14%. f) If your daily balance/average daily balance is $100,000 or more, the interest rate paid on the entire balance in your account will be 0.19% with an annual percentage yield of 0.19%. g) New Deposits Only—Funds cannot be currently on deposit at Provident State Bank. h) CD term is also available for Individual Retirement Account. i) Rate contingent upon Demand Deposit Account, direct deposit into DDA within 60 days of opening. j) Variable rate IRA is no longer available. k) If your average daily balance is more than $125,000.00 but less than $249,999.99 the interest rate paid on the entire balance in your account will be 0.25% with an annual percentage yield of 0.25%. l) If your average daily balance is more than $250,000.00, but less than $499,999.99, the interest rate paid on the entire balance in your account will be 0.50% with an annual percentage yield of 0.50%. m) If your daily balance is more than $500,000.00 but less than $999,999.99 the interest rate paid on the entire balance in your account will be 0.75% with an annual percentage yield of 0.75%. n) If your average daily balance is $1,000,000.00 or more, the interest rate paid on the entire balance in your account will be 1.00% with an annual percentage yield of 1.00%. o) If your average daily balance is more than $125,000.00 but less than $249,999.99 the interest rate paid on the entire balance in your account will be 0.50% with an annual percentage yield of 0.50%. p) If your average daily balance is more than $250,000.00, but less than $499,999.99, the interest rate paid on the entire balance in your account will be 0.75% with an annual percentage yield of 0.75%. q) If your average daily balance is more than $500,000.00 but less than $999,999.99 the interest rate paid on the entire balance in your account will be 1.00% with an annual percentage yield of 1.00%. r) If your average daily balance is $1,000,000.00 or more, the interest rate paid on the entire balance in your account will be 1.25% with an annual percentage yield of 1.26%. 

Fees could reduce the earnings on the account.
Interest Rates and Annual Percentage Yields are current as of 9/6/2019.
For current rate information call (410) 673-2401.