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*APY (Annual Percentage Yield) is accurate as of 2/3/20. Interest Rate for the 12-month IRA is 1.83% and APY is 1.85%. In order to receive the APY (Annual Percentage Yield) principal and interest must remain on deposit until maturity. To qualify for the promotional IRA rate, a $2,500.00 minimum balance is required to open the account and obtain the APY; and $240,000.00 is the maximum amount allowed per account. Promotional interest rate offers expire 4/15/20. Early withdrawal penalties may apply. IRA offer only. FDIC Insured.
**Interest Rate for the Money Market Special is 1.73% and APY is 1.75%. The rate is guaranteed for 6 months. The APY is accurate as of 01/03/20. To qualify for the promotional rate: (1) A $10,000 minimum balance is required to open the account; (2) The funds deposited in the account must be new to bank funds; and (3) Customer must have a new or existing Checking Account at Alma Bank held in the same name as the Money Market Account. The Money Market Account is limited to six withdrawals made via pre-authorized or automatic transfers per month. Excessive withdrawals will result in fees; please see the “Truth in Savings” disclosure for more details. Account fees may reduce earnings. The promotion is available for businesses and consumers and may end without prior notice. Accounts by government entities and financial institutions are not eligible for this offer.
Promotional interest rates are subject to change. Early withdrawal penalties may apply. FDIC Insured.
Visit your local Alma Bank Branch today or call 718.267.ALMA (2562) to get started.
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