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Rates subject to change without notice.
Deposit rates effective 11-27-2008 to 12-03-2008
Loan rates effective 6-2-08

Super NOW Account Tiered Interest Rates

 

Minimum balance to obtain APY* APY*
Interest Rate
Below $1000.00 .00% .00%
$1000.00 - $9,999.99 .15% .15%
$10,000 - $49,999.99 .20% .20%
$50,000 or more .25% .25%

*Annual Percentage Yield

Rates subject to change without notice. See above for effective date of rates. Rates may change after account opening. Fees could reduce the earnings on the account.

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49Plus Checking Tiered Interest Rates


Minimum balance to obtain APY* APY* Interest Rate
Below $1000.00 .00% .00%
$1000.00 - $9999.99 .15% .15%
$10,000 - $49,999.99 .20% .20%
$50,000 or more .25% .25%

*Annual Percentage Yield

Rates subject to change without notice. See above for effective date of rates. Rates may change after account opening. Fees could reduce the earnings on the account.

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Super Money Market Tiered Interest Rates

 

Minimum balance to obtain APY* APY* RATE
$0.00 - $999.99 0.00% 0.00%
$1000.00 - $9,999.99 0.75% 0.75%
$10,000.00 - $24,999.99 1.25% 1.24%
$25,000.00 - $49,999.99 1.50% 1.49%
$50,000.00 - $84,999.99 1.75% 1.74%
$85,000.00 or more 1.85% 1.83%

*Annual Percentage Yield

Rates subject to change without notice. See above for effective date of rates. Rates may change after account opening. Fees could reduce the earnings on the account.

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Statement Savings Rates

Minimum balance to obtain APY* APY* Interest Rate
All balances .50% .50%

*Annual Percentage Yield

Rates subject to change without notice. See above for effective date of rates. Rates may change after account opening. Fees could reduce the earnings on the account.

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Certificates of Deposit Rates




Regular CD's

Minimum balance to obtain APY* TERM APY* Interest Rate
$1,000 91 day 1.80% 1.78%
$1,000 182 day 2.25% 2.23%
$1,000 9 month 2.50% 2.47%
$1,000 10 month 3.35% 3.30%
$1,000 12 month 2.90% 2.86%
$1000 16 month 3.90% 3.83%
$1,000 18 month 3.00% 2.96%
$1,000 24 month 3.15% 3.10%
$1,000 30 month 3.25% 3.20%
$1,000 36 month 3.50% 3.44%
$1,000 42 month 3.60% 3.54%
$1,000 48 month 3.75% 3.68%
$1,000 60 month 3.90% 3.83%

 

Jumbo CD's

Minimum balance to obtain APY TERM APY* Interest Rate
$100,000 1 month 1.50% 1.49%
$100,000 2 month 1.75% 1.73%
$100,000 3 month 1.90% 1.88%
$100,000 6 month 2.35% 2.32%
$100,000 9 month 2.60% 2.57%
$100,000 12 month 3.00% 2.96%
$100,000 18 month 3.10% 3.05%
$100,000 24 month 3.25% 3.20%
$100,000 30 month 3.35% 3.30%
$100,000 36 month 3.60% 3.54%
$100,000 42 month 3.70% 3.63%
$100,000 48 month 3.75% 3.68%
$100,000 60 month 4.00% 3.92%

** rolls into an 18 month
*Annual Percentage Yield

Rates subject to change without notice. See above for effective date of rates.
A penalty may be imposed for early withdrawal.


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Consumer Installment Loan Rates

PERSONAL

TYPE APR* TERM MONTHLY PAYMENT PER $1000

Unsecured

11.00%

through 24 Months

$46.61

*APR = Annual Percentage Rate. APRs disclosed above assume that monthly payments are automatically deducted from a Merchants Bank deposit account. If payments are not or can not be deducted from such a deposit account, the APR will be 0.50% higher than above. Maximum loan amount is $5,000.00. Rates subject to change without notice. See above for effective date of rates. Rates will vary based on credit score and credit application.

AUTOMOBILE

TYPE

APR *

TERM

MONTHLY PAYMENT PER $1000

New

7.00%

36 months

$30.88

New

7.00%

48 months

$23.95

New

7.50%

60 months

$20.04

Used

See Below

 

 

2006-2007

8.00%

48 months $24.41
2004-2005 10.00% 36 months $32.27
2002-2003 10.50% 24 months $46.38
2001 11.00% 18 months $60.52

*APR = Annual Percentage Rate. APRs disclosed above assume that monthly payments are automatically deducted from a Merchants Bank deposit account. If payments are not or can not be deducted from such a deposit account, the APR will be 0.50% higher than above. Rates vary depending on year of vehicle and term of loan. Rates subject to change without notice. See above for effective date of rates.

Recreational Vehicles/RV's

TYPE

APR*

TERM

MONTHLY PAYMENT PER $1000

New

8.00%

60 months

$20.28

New

9.00%

84 months

$16.09

Used

10.75%

60 months

$21.62

*APR = Annual Percentage Rate. APRs disclosed above assume that monthly payments are automatically deducted from a Merchants Bank deposit account. If payments are not or can not be deducted from such a deposit account, the APR will be 0.50% higher than above. Rates subject to change without notice. See above for effective date of rates.

CERTIFICATE OF DEPOSIT SECURED

Type APR

Deposit account

3.00% + Deposit rate***

 *** Minimum APR will be 5.00%

*APR = Annual Percentage Rate. Rates subject to change without notice. See above for effective date of rates.

 

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Home Equity Loan Rates

TERM

APR *

MONTHLY PAYMENT PER $1000

12 to 36 months

6.25%*

$30.19 - 36 Months

37 to 60 months

6.375%*~

$19.10 - 60 Months

61 to 84 months

6.5%*~

$14.73 - 84 Months

85 to 120 months

6.625%*

$11.42- 120 Months

121 to 180 months

7.000%*

$8.99 - 180 Months

*APR = Annual Percentage Rate. APRs disclosed above assume that monthly payments are automatically deducted from a Merchants Bank deposit account. If payments are not or can not be deducted from such a deposit account, the APR will be 0.50% higher than above. Rates subject to change without notice. See above for effective date of rates.

~These rates are promotional rates and are subject to change.

These rates are for loan requests of $10,000.00 or more.

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