Hopkins Federal Savings Bank
Category: Bank Deals, Savings Account Rates- fhuff- 1:28 pm/ August 13, 2010Hopkins Federal Savings Bank has several savings accounts and certificates of deposit (CDs) that can help grow your money. The bank is based in Baltimore and new accounts are only available to residents of Maryland.
The Max passbook has a savings rate of 1.51% annual percentage yield (APY). The savings account requires a minimum daily balance of $1,000. The Statement Savings also requires a minimum balance of $1,000 to earn interest, but offers different savings rates depending on the balance. The savings rate for a minimum balance of $1,000 is 1.11% APY. A minimum balance of $10,000 has a savings rate of 1.51% and a minimum of $25,000 earns 1.51%. The savings rates are current as of May 27, 2010. Interest is compounded daily and credited monthly.
Hopkins Federal Savings Bank also offers CDs with a variety of terms. The CD rates include:
- 1.36% APY for 6 months
- 1.56% APY for 1 year
- 1.76% APY for 18 months
- 2.1% APY for 30 months
- 2.85% for 60 months
CDs renew automatically unless you notify the bank. Interest is compounded daily and credited monthly. Early withdrawals from a CD results in a penalty.
- 6 Month CD %
- 1-year CD %
- 2-year CD %
- Money Market Account %
- Savings Account %
- 30-year Fixed Mortgage 3.62 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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If you know of any bank deal that we haven't featured on our blog yet, we would love to hear from you.
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