Interest Rates and Annual Percentage Yields on our deposit offerings
are current as of 02/19/2013, and may change as often as daily.
Checking and Savings Accounts
Annual % Yield
(up to $15,000)
(up to $25,000)
0.50% 0.50% Money Market Account 0.01% 0.01% Super MMDA 25 0.10% 0.10% Super MMDA 50 0.20% 0.20% Charitable Account 0.20% 0.20% Savings Accounts 0.03% 0.03%
Certificates of Deposit and IRAs ~ Specials
The Minimum Opening Deposit and Balance Requirement for the 13 Month and the 27 Month is $5,000 and $10,000 for the 57 Month.
Annual % Yield
13 Months 0.50% 0.50% 27 Months 0.70% 0.70% 57 Months 1.24% 1.25%
Certificates of Deposit and IRAs
The Minimum Opening Deposit and Minimum Balance Requirement is $5,000 for Terms 60 Months or less and $25,000 for Terms 72 Months or greater.
Annual % Yield
91 Days 0.01% 0.01% 182 Days 0.03% 0.03% 12 Months 0.10% 0.10% 18 Months - Fixed 0.20% 0.20% 18 Months - Variable Varies Varies 24 Months 0.25% 0.25% 36 Months 0.40% 0.40% 48 Months 0.50% 0.50% 60 Months 0.60% 0.60% 72 Months 1.49% 1.50% 84 Months 1.59% 1.60% 96 Months 1.69% 1.70% 108 Months 1.78% 1.80% 120 Months 1.98% 2.00%
Rate Information: These are interest bearing accounts. The interest rate and annual percentage yield are listed above and will not change for the term of the account, excluding variable rate accounts. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). Interest will be credited to tha account semi-annually. If you choose to have interest paid to you, it must be credited to your BRB checking or savings account.
Balance Information: We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day. Contributions to IRAs can occur at any frequency. Principal withdrawals can only be made at maturity, excluding Required Minimum Distributions on IRAs.
Limitations: The minimum opening deposit and minimum balance requirement is $5,000 for CDs and IRAs with a maturity of 60 months or less and $25,000 for CDs and IRAs with a term of greater than 60 months. You may make additional deposits into Certificate of Deposit accounts only at maturity. You may NOT make principal withdrawals from your account until the maturity date. The stated annual percentage yield assumes that interest will remain on deposit until maturity. A withdrawal will reduce earnings.
Additional Limitations on Special CDs and IRAs: The minimum opening deposit and minimum balance requirement is $5,000 on CD's and IRA's with a term of 13 or 27 months and is $10,000 on CD's and IRAs with a term of 57 months. Interest can be paid to your BRB Checking or Savings account monthly; otherwise it will compound at maturity if the term is 13 months, and quarterly if the term is 27 to 57 months.
Time Account Information: Your account will mature within the stated time period. If you withdraw any of the principal before the maturity date we may impose a penalty of: three (3) months interest for Certificates of Deposit with a term of twelve (12) months or less; twelve (12) months interest for Certificates of Deposit with a term of greater than 12 months to 60 months; twenty four (24) months interest for Certificates of Deposit with a term of 72 months; thirty (30) months interest for Certificates of Deposit with a term of 84 months; thirty six (36) months interest for Certificates of Deposit with a term of 96 months; forty two (42) months interest for Certificates of Deposit with a term of 108 months; forty eight (48) months interest for Certificates of Deposit with a term of 120 months. At the Bank's discretion, this account will automatically renew. You will have 10 days after the maturity date to withdraw funds without penalty.
Learn More! -->