Certificate Type APY Rate Fixed,
Variable Rate
or
StepUp
Interest Compounded Credited Minimum
Required
Balance to
Earn APY
Minimum Required
Balance to
Open
6 month (80) 0.20 0.20 Fixed Quarterly Quarterly $500.00 $500.00
12 month (84) 0.25 0.25 Fixed Quarterly Quarterly $500.00 $500.00
18 month (18) 0.25 0.25 Fixed Quarterly Quarterly $500.00 $500.00
24 month (24) 0.30 0.30 Fixed Quarterly Quarterly $500.00 $500.00
30 month (53) 0.35 0.35 Fixed Quarterly Quarterly $500.00 $500.00
48 month (74) 0.50 0.50 Fixed Quarterly Quarterly $500.00 $500.00
                 
30 month step up (30) 0.35 0.35 StepUp Quarterly Quarterly $2,500.00 $2,500.00
48 month step up (48) 0.50 0.50 StepUp Quarterly Quarterly $2,500.00 $2,500.00
                 
IRA Passbook (51) 0.12 0.12 Variable Quarterly Quarterly $50.00 $50.00
18 month IRA (72) 0.25 0.25 Variable Monthly Monthly $500.00 $500.00
24 month IRA (73) 0.30 0.30 Fixed Quarterly Quarterly $500.00 $500.00
36 month IRA (55) 0.35 0.35 Fixed Quarterly Quarterly $500.00 $500.00
48 month IRA (56) 0.50 0.50 Fixed Quarterly Quarterly $500.00 $500.00
                 
ROTH Passbook IRA (53) 0.12 0.12 Variable Quarterly Quarterly $50.00 $50.00
18 month ROTH IRA (90) 0.25 0.25 Variable Monthly Monthly $500.00 $500.00
24 month ROTH IRA (91) 0.30 0.30 Fixed Quarterly Quarterly $500.00 $500.00
36 month ROTH IRA (92) 0.35 0.35 Fixed Quarterly Quarterly $500.00 $500.00
48 month ROTH IRA (93) 0.50 0.50 Fixed Quarterly Quarterly $500.00 $500.00
                 
ED Passbook IRA (54) 0.12 0.12 Variable Quarterly Quarterly $50.00 $50.00
18 month ED IRA (95) 0.25 0.25 Variable Monthly Monthly $500.00 $500.00
24 month ED IRA (96) 0.30 0.30 Fixed Quarterly Quarterly $500.00 $500.00
36 month ED IRA (97) 0.35 0.35 Fixed Quarterly Quarterly $500.00 $500.00
48 month ED IRA (98) 0.50 0.50 Fixed Quarterly Quarterly $500.00 $500.00
                 
Now Account (60) 0.12 0.12 Variable Daily Monthly $100.00 $100.00
Regular Passbook Savings (00) 0.12 0.12 Variable Quarterly Quarterly $100.00 $100.00
Christmas club (15) 0.12 0.12 Variable Quarterly Quarterly $0.01 $5.00
Golden Passbook* (09) 0.30 0.30 Variable Quarterly Quarterly $75,000.00 $75,000.00
 *Golden Passbook   0.12 0.12 Variable Quarterly Quarterly $100.00-$74999.99  
Money Market Plus (62)  See  Below Variable Daily Monthly   $1,000.00

 

APY Rate Tiers
0.12 0.12 1,000.00 4,999.00
0.12 0.12 5,000.00 19,999.99
0.15 0.15 20,000.00 39,999.99
0.18 0.18 40,000.00 74,999.99
0.20 0.20 75,000.00 OVER

 

Annual Percentage Yields (APYs) are accurate as of date stated below. Minimum deposit to open account and minimum balance to obtain APY indicated in table. CDs are subject to penalty for early withdrawal. Fees on deposit accounts may reduce earnings. Rates are subject to change at any time. CD rates evaluated every Wednesday. Belmont Savings Bank only accepts deposits within a 50 mile radius of their offices. Rates effective February 1, 2016.