Rateboard
Note: Hebron Savings Bank only accepts deposits from residents of Maryland's Eastern Shore and Sussex County, Delaware.
Rates effective December 13, 2017
| Account Type | Minimum Initial Deposit | Interest rate | APY* | Compounding | Minimum to avoid monthly service charge |
|---|---|---|---|---|---|
| NOW Account** | $1,000.00 | .05% | .05% | Daily | $1,000.00 |
| Super NOW Account** | $2,500.00 | .10% | .10% | Daily | $2,500.00 |
*APY = Annual Percentage Yield.
**Interest will accrue at the stated rate each day the account meets the stated minimum balance. FEES MAY REDUCE EARNINGS. These are variable rate accounts, the interest rate may change after account opening.
**Interest will accrue at the stated rate each day the account meets the stated minimum balance. FEES MAY REDUCE EARNINGS. These are variable rate accounts, the interest rate may change after account opening.
| Account Type | Minimum Initial Deposit | Interest rate | APY* | Compounding | Minimum to avoid monthly service charge |
|---|---|---|---|---|---|
| Statement Savings** | $25.00 | .10% | .10% | Daily | $250.00 |
Super Savings (up to $499.99)** | $500.00 | .10% | .10% | Daily | $500.00 |
Super Savings ($500.00 or more)** | $500.00 | .15% | .15% | Daily | $500.00 |
*APY = Annual Percentage Yield.
** FEES MAY REDUCE EARNINGS. These are variable rate accounts, the interest rate may change after account opening.
** FEES MAY REDUCE EARNINGS. These are variable rate accounts, the interest rate may change after account opening.
| Account Type | Minimum Initial Deposit | Interest rate | APY* | Compounding | Minimum to avoid monthly service charge |
|---|---|---|---|---|---|
Balance of $2,500.00 or More** | $2,500.00 | .10% | .10% | Daily | $2,500.00 |
| Balance of $50,000.00 or More** | $2,500.00 | .15% | .15% | Daily | $2,500.00 |
| Balance of $150,000.00 or More** | $2,500.00 | .20% | .20% | Daily | $2,500.00 |
| Balance of $250,000.00 or More** | $2,500.00 | .25% | .25% | Daily | $2,500.00 |
*APY = Annual Percentage Yield.
**Interest will accrue at the stated rate each day the account meets the stated minimum balance. FEES MAY REDUCE EARNINGS. This is a variable rate account, the interest rate my change after account opening.
**Interest will accrue at the stated rate each day the account meets the stated minimum balance. FEES MAY REDUCE EARNINGS. This is a variable rate account, the interest rate my change after account opening.
Contact us for more information on these accounts.
