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Deposit Rates
The PrivateBank offers a variety of choices for your personal savings
and investment dollars. All deposit products are priced competitively
and updated frequently so that you're assured of some of the
best rates around.
Interest rates are accurate as of 8/04/2008
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| Minimum Balance to Obtain APY |
Interest Rate |
APY |
| $0 |
$9,999.99 |
.50% |
0.50% |
| $10,000.00 |
$24,999.99 |
.50% |
0.50% |
| $25,000.00 |
$99,999.99 |
.50% |
0.50% |
| $100,000.00 + |
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.50% |
0.50% |
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| Money Market Deposit Account: |
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Interest Rate |
APY |
| $0 |
$9,999.99 |
1.00% |
1.00% |
| $10,000.00 |
$24,999.99 |
1.29% |
1.30% |
| $25,000.00 |
$49,999.99 |
1.39% |
1.40% |
| $50,000.00 |
$99,999.99 |
1.39% |
1.40% |
| $100,000.00 |
$499,999.99 |
1.44% |
1.45% |
| $500,000.00 |
$999,999.99 |
1.79% |
1.80% |
| $1,000,000.00 + |
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1.88% |
1.90% |
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Interest Rate |
APY |
| $250.00 and greater |
.75% |
0.75% |
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| Available to those with checking accounts. |
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| The PrivateBank Investment Reserve: |
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Interest Rate |
APY |
| $0 |
$49,999.99 |
1.34% |
1.35% |
| $50,000.00 |
$99,999.99 |
1.34% |
1.35% |
| $100,000.00 |
$249,999.99 |
1.49% |
1.50% |
| $250,000.00 |
$499,999.99 |
1.74% |
1.75% |
| $500,000.00 |
$999,999.99 |
1.79% |
1.80% |
| $1,000,000.00 + |
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1.98% |
2.00% |
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| Available to those with checking accounts and
a minimum balance to open of $50,000. |
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| ($2,000 minimum to earn APY and maximum deposit
of $99,999.99) |
| Term |
Interest Rate |
APY |
| 30 days |
2.38% |
2.38% |
| 90 days |
2.67% |
2.67% |
| 6 months |
3.02% |
3.05% |
| 1 year |
3.50% |
3.55% |
| 2 years |
3.60% |
3.65% |
| 3 years |
3.75% |
3.80% |
| 4 years |
3.89% |
3.95% |
| 5 years |
3.89% |
3.95% |
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| Jumbo Certificates Of Deposit: |
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| ($100,000 to open and earn the APY) |
| Term |
Interest Rate |
APY |
| 14 days |
2.18% |
2.18% |
| 30 days |
2.48% |
2.48% |
| 60 days |
2.67% |
2.67% |
| 90 days |
2.77% |
>2.77% |
| 120 days |
2.77% |
2.77% |
| 150 days |
2.77% |
2.77% |
| 180 days |
3.11% |
3.15% |
| 270 days |
3.16% |
3.20% |
| 1 year |
3.55% |
3.60% |
| 2 years |
3.70% |
3.75>% |
| 3 years |
3.94% |
4.00% |
| 4 years |
3.94% |
4.00% |
| 5 years |
3.94% |
4.00% |
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Interest rates and annual percentage yields may change after the
account is opened except for certificates of deposit. This rate
sheet is part of our Truth-in-Savings Disclosure. More disclosures
are contained in the Account Agreement and Disclosure Statement
brochure, such as compounding, fees, and minimum balance requirements.
Fees charged to an account could reduce the earnings. A penalty
may be imposed for early withdrawal from certificates of deposit.
The minimum balance to obtain the annual percentage yield will
be determined by the daily balance method. IRA Certificate of Deposit
requires only a minimum balance of $250.00 to obtain the annual
percentage yield. FDIC Insured.
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