| There is a substantial penalty for early withdrawals |  |
| THE SAVANNAH BANK, N.A. | ||||
| Annual Percentage Yields on Consumer Deposits as of March 15, 2001 | ||||
Certificates of Deposit (CD) |
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| CD Maturity | Minimum Balance To Open | Simple Interest Rate | Compounds | Annual Percentage Yield |
7 days |
$2,500 | 3.75% | 7 days | 3.82% |
32 days |
$2,500 | 3.90% | 32 days | 3.97% |
92 days |
$2,500 | 4.00% | 91 days | 4.06% |
| 182 days | $2,500 | 4.80% | 182 days | 4.86% |
| 1 year | $500 | 5.10% | Daily | 5.23% |
| 2 years | $500 | 4.93% | Daily | 5.05% |
| 3 years | $500 | 4.93% | Daily | 5.05% |
| 4 years | $500 | 4.93% | Daily | 5.05% |
| 5 years | $500 | 4.93% | Daily | 5.05% |
| Individual Retirement Accounts (IRA) | ||||
| IRA's | ||||
| 18 month | $500 | 4.93% | Daily | 5.05% * |
| Regular | $500 | SEE CD Rates Above | ||
| MMA-IRA | $100 | 4.00% | Quarterly | 4.06% * |
NOW, Savings and Money Market Accounts |
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| Type of Account | Minimum Balance To Open | Simple Interest Rate | Compounds | Annual Percentage Yield |
|
NOW |
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Regular ** |
$100 | 1.75% * | Monthly | 1.76% | |
Seniors |
$100 | 1.75% * | Monthly | 1.76% | |
Savings |
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Regular ** |
$100 | 2.75% * | Daily | 2.79% | |
Money Market |
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$0 - $49,999 |
$1,000 | 3.75% * | Monthly | 3.82% | |
$50,000 and over |
$1,000 | 4.25% * | Monthly | 4.33% | |
| * These are variable rates and may change at the Bank's discretion. |
| ** These accounts are subject to monthly fees which will be charged if certain minimum balances are not maintained. Please refer to out "Truth in Savings Disclosures" for complete information on these accounts. |
| There is a substantial penalty for early withdrawals | |