Bedford Federal Savings Bank
Rate Board
Rate Board

 

 

Rates Accurate as of October 1, 2012

 

Deposit Interest Rates1

We do not accept deposits from outside our normal trade area.

Certificates1

Our Certificates of Deposit offer a wide range of competitive terms and rates to choose from. $1,000.00 minimum to open, maturities ranging from 3 months to 5 years, tiered rates

  • Substantial penalty for early withdrawal

CERTIFICATES OF DEPOSIT



IRAs1

FIXED RATE IRA

$500.00 minimum to open, 30 and 60 month terms available



VARIABLE RATE IRA

$10.00 minimum to open, 18 month term only, rate changes quarterly



Checking Accounts1

Checking made simple - one low monthly fee.
Fees may reduce your earnings on all checking accounts.

$50.00 minimum to open an account, no per check charges, service charge is waived if you direct deposit into the account, you earn tiered interest on your balance - the higher the balance, the higher the rate, interest rate may change at any time.

REGULAR CHECKING

minimum balance of $1,000.00 to avoid $8.00 per statement cycle service charge, paid checks are returned with your monthly statement



SAFEKEEPING CHECKING

minimum balance of $500.00 to avoid $7.00 per statement cycle service charge, paid checks are held for safekeeping



MMDA (MONEY MARKET DEPOSIT ACCOUNT)

This account combines a Savings account and a Checking account. It provides a highly competitive rate of interest with limited check writing ability. Minimum balance of $1,000.00 to avoid $10.00 per statement cycle service charge, only 6 withdrawals by check per statement cycle, earn tiered interest on your balance - the higher the balance, the higher the rate, interest rate may change at any time.



BUSINESS CHECKING

We can analyze your activity to determine a fair service charge.



Savings Accounts1

STATEMENT SAVINGS

$10.00 minimum to open an account, no service charges, receive a monthly statement, earn tiered interest on your balance, interest rate may change at any time.



CHRISTMAS CLUBS

$1.00 minimum to open an account, no service charges, interest rate may change at any time.



*All rates and fees are subject to change without notice

Loans2

Mortgage Loans

Please call one of our loan officers2 for more details.



Other Loans

Please call one of our loan officers2 for more details or

  • Construction Loans
  • Auto Loans
  • Consumer Loans
  • Line of Credit
  • Business Loans


1 All rates and fees are subject to change without notice.

2 Please contact a loan officer for current interest rates, disclosures of closing costs, and other charges for the loan product that you are interested in. Our Loan Officers are Shea Hooten, Dana Sasser, and David Gratzer - they will be happy to serve you!

Back to Top