|
BANK OF CHINA RATE SHEET
EFFECTIVE: 08/06/2010
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ACCOUNT TYPE
|
MINIMUM BALANCE
|
INTEREST RATE %
|
ANNUAL PERCENTAGE
|
|
|
TO OBTAIN APY
|
|
YIELD % (APY)
|
|
|
|
|
|
|
Certificate of Deposit
|
|
|
|
|
1 Month
|
$1,000
|
0.15%
|
0.15%
|
|
2 Month
|
$1,000
|
0.20%
|
0.20%
|
|
3 Month
|
$1,000
|
0.20%
|
0.20%
|
|
6 Month
|
$1,000
|
0.30%
|
0.30%
|
|
9 Month
|
$1,000
|
0.60%
|
0.61%
|
|
1 Year
|
$1,000
|
0.65%
|
0.66%
|
|
2 Year
|
$1,000
|
0.50%
|
0.51%
|
|
30 Month
|
$1,000
|
0.80%
|
0.81%
|
|
4 Year
|
$1,000
|
1.20%
|
1.20%
|
|
|
|
|
|
|
Super Time Deposit
|
|
|
|
|
6 Month
|
$5,000
|
0.35%
|
0.36%
|
|
9 Month
|
$5,000
|
0.70%
|
0.71%
|
|
1 Year
|
$5,000
|
0.75%
|
0.76%
|
|
2 Year
|
$5,000
|
0.60%
|
0.61%
|
|
30 Month
|
$10,000
|
0.90%
|
0.91%
|
|
4 Year
|
$10,000
|
1.30%
|
1.29%
|
|
|
|
|
|
|
Money Market Account
|
|
|
|
|
Personal
|
$1,000
|
0.10%
|
0.10%
|
|
Business
|
$2,500
|
0.10%
|
0.10%
|
|
|
|
|
|
|
Savings Account
|
$100
|
0.10%
|
0.10%
|
|
|
|
|
|
|
Now Account
|
$500
|
0.10%
|
0.10%
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The interest rates and the APY are subject to change on a weekly basis at the discretion of the Bank. The APY assumes principal and interest remain on deposit for one year at the current rate. Interest is calculated on a 360-day basis and is applied to actual calendar days. The actual APY earned may be lower due to charges or fees imposed on the accounts.
For renewed CDs, the rate in effect on the renewal date may not be equal to the current rate.
Money Market Deposit Accounts are compounded on a Daily Basis and credited Monthly. Savings Accounts are compounded on a Monthly Basis and credited Monthly. NOW Accounts are compounded on a Daily Basis and credited Monthly.
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Equal Housing Lender