Passbook Savings
At Somerset Hills Bank, we want to make sure your money is always working for you to help you meet your savings goals. Enjoy a traditional passbook account and earn a tiered interest rate that increases as your account balance rises.
|
|
|
- Interest is compounded daily and credited to your account monthly.
|
APYs effective as of September 1, 2010
|
| PASSBOOK SAVINGS ACCOUNT* | $0.01 - $9,999.99 | 0.25% | 0.25% |
| | $10,000.00 - $24,999.99 | 0.25% | 0.25% |
| | $25,000.00 - $49,999.99 | 0.25% | 0.25% |
| | $50,000.00 and above | 0.25% | 0.25% |
- This is a variable rate account and the Interest Rates and APY are subject to change at any time.
- You must maintain the minimum balance indicated to receive the disclosed APY.
- Maintain a $100.00 minimum balance to avoid a quarterly maintenance fee of $5.00.
- Fees could reduce earnings on the account.
