Deposit Rates

These rates are effective as of 06/07/2018.

Account Type Interest Rate Annual Percentage Yield
Passbook Saving .20 .20
NOW Account (Minimum $500) .10 .10
MM Checking ( Minimum $2,500) .25 .25
IRA 1.55 1.55
High Yield (Minimum $10,000) .75 .75
ABOVE ACCOUNTS HAVE A VARIABLE RATE. THIS RATE MAY CHANGE AFTER ACCOUNT OPENING.
NOW ACCOUNTS AND MM CHECKING FEES COULD REDUCE EARNINGS.
     
$2,500 MINIMUM BALANCE ON 3 MONTH AND 6 MONTH CD’S
3 MONTH   .50   .50
6 MONTH   .65   .65
 
CD’S BELOW HAVE A $500 MINIMUM BALANCE
12 MONTH  1.00  1.00
18 MONTH  1.10  1.10
24 MONTH  1.25  1.25
30 MONTH  1.30  1.31
36 MONTH  1.45  1.46
48 MONTH  1.55  1.56

EARLY WITHDRAWAL PENALTY ON CD’S 1 YEAR AND LESS IS 3 MONTHS OF INTEREST.
EARLY WITHDRAWAL PENALTY ON CD’S GREATER THAN 1 YEAR IS 6 MONTHS OF INTEREST.
THIS PENALTY MAY INVADE YOUR PRINCIPAL.
CONTACT ASB employees for complete disclosure of fees and terms for all deposit products.

LOAN RATES
Please contact our loan officers at 218-294-6111 or 1-877-814-9937 in Grygla or 218-687-2865 or 1-800-434-7721 in Erskine for our current rates.

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