Consumer Savings Rates
Interest Rates and Annual Percentage Yields are effective as of November 23rd, 2020 for Monroe County.
Consumer Money Market, Savings and NOW Account Rates
| Account | Minimum Balance to Earn Interest | Compounded/Credited | Interest Rate | Annual Percentage Yield |
|---|---|---|---|---|
| Evans Choice Money Market* | $5,000 $25,000 $50,000 $100,000 | Daily/Monthly | 0.10% 0.15% 0.25% 0.40% | 0.10% 0.15% 0.25% 0.40% |
| Statement Savings** | $100 | Daily/Quarterly | 0.05% | 0.05% |
| Junior Statement Saver** | $.01 | Daily/Quarterly | 0.05% | 0.05% |
Interest rate and Annual Percentage Yield (APY) may change. Fees may reduce earnings.
*For Evans Choice Money Market Accounts, Annual Percentage Yield (APY) is based on 365 days with interest compounded daily and credited monthly, provided money is left on deposit for a full calendar year.
**For Statement Savings and Junior Statement Saver, Annual Percentage Yield (APY) is based on 365 days with interest compounded daily and credited quarterly provided money is left on deposit for a full calendar year.