Certificates of Deposit
Rates Valid as of August 15, 2011
| Automatic Renewable Certificates | Minimum Deposit | Interest Rate | Annual Percentage Yield* |
| 5 Years | $1,000.00 | 2.00% | 2.00% |
| 4 Years | $1,000.00 | 1.60% | 1.60% |
| 3 Years | $1,000.00 | 1.25% | 1.25% |
| 2 Years | $1,000.00 | 1.00% | 1.00% |
| 1 Year | $1,000.00 | 0.65% | 0.65% |
| 182 Days | $1,000.00 | 0.45% | 0.45% |
| 91 Days | $1,000.00 | 0.30% | 0.30% |
*APY for CDs 1-5 years is based on annual compounding. CDs less than 1 year will compound quarterly. The APY assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
| CD SPECIAL | Minimum Deposit | Interest Rate | Annual Percentage Yield* | |||
| 1 Year | $5,000.00 | 1.00% | 1.00% |
*CD Special compounds annually and credits interest annually. A penalty may apply for early withdrawal. Early withdrawal penalties - maturity date of one year or less, three months interest - maturity date more than one year, six months interest.
*Interest will be credited at term for CD's 1 year or less. Interest for CD's greater than 1 year may be compounded or automatically deposited to your Community Bank Owatonna checking or savings account.
*You will have ten calendar days after maturity to withdraw the funds without a penalty.
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