Time Certificates

*Interest and APY (Annual Percentage Yield) rates are effective April 15, 2016
REGULAR CD’s
FIRST STATE BANK OF COLFAX SERVICES LOCAL TERRITORY ONLY
**TCD Term Minimum
Balance
Required
*Interest
Rate
*APY Compounding
Frequency
Renewal
Terms
72 Months $10,000.00 1.90 % 1.92 % Semiannual 72 Months
60 Months $25,000.00 1.85 % 1.87 % Semiannual 60 Months
60 Months $10,000.00 1.65 % 1.66 % Semiannual 60 Months
60 Months $1,000.00 1.00 % 1.00 % Semiannual 60 Months
48 Months $10,000.00 1.35 % 1.36 % Semiannual 48 Months
48 Months $1,000.00 1.00 % 1.00 % Semiannual 48 Months
36 Months $25,000.00 1.20 % 1.21 % Semiannual 36 Months
36 Months $1,000.00 1.00 % 1.00% Semiannual 36 Months
30 Months $1,000.00 0.80 % 0.80 % Semiannual 30 Months
24 Months $25,000.00 0.95 % 0.95 % Semiannual 24 Months
24 Months $1,000.00 0.60 % 0.60 % Semiannual 24 Months
18 Months $1,000.00 0.70 % 0.70% Semiannual 18 Months
12 Months $10,000.00 0.80 % 0.80 % Semiannual 12 Months
12 Months $1,000.00 0.50 % 0.50 % Semiannual 12 Months
6 Months $10,000.00 0.65 % 0.65 % Semiannual 6 Months
6 Months $1,000.00 0.30 % 0.30 % Semiannual 6 Months
3 Months $1,000.00 0.15 % 0.15 % Quarterly 3 Months
IRA CD’s
**TCD Term Minimum
Balance
Required
*Interest
Rate
*APY Compounding
Frequency
Renewal
Terms
18 Months $1,000.00 1.75 % Semiannual 18 Months
48 Months $1,000.00 2.25 % Semiannual 48 Months
*APY (Annual Percentage Yield) assumes interest will remain on deposit until maturity. Deposit terms are subject to change without notice and some limitations may apply. Contact us for further information about applicable fees and terms on deposit accounts. Interest rates and yields are accurate for the date listed. Each depositor is insured up to $250,000.
**Substantial penalty for early withdrawal.

In accordance with Section 326 of the USA PATRIOT ACT signed October 26, 2001 all persons are subject to the identity verification requirements even though they may be a long term customer of and well known to the Bank.
For the purpose of the regulation, an “account” includes every formal banking relationship that entails ongoing services, dealings or transactions. Some examples are a deposit account, loan, trust relationship or safe deposit box rental.

If you request to open an account or become a signatory on an account with the Bank and the Bank has not previously verified your identity under the new regulatory requirements, the Bank may request documentary verification of your identity, such as driver’s license or passport and/or it will verify your identity through other non-documentary methods. We will ask for your name, address, date of birth, and other information that will allow us to identify you. Similar identification requirements apply to business entities such as corporations and partnerships.

In all cases, protection of our customer(s)’s identity and confidentiality is the Bank’s pledge to you.