Deposit Rates

Why do we offer such great interest rates?
Because in Anne Arundel County we take care of our own.

Interest rates and annual percentage yields (APY) effective April 23, 2012.

Regular and Retirement Certificates of Deposit (CD)

Interest Credited and Compounded Monthly (365/365)

MINIMUM BALANCES OF: Regular CD $1,000, IRA CD $100 (unless otherwise indicated), 30 month IRA CD Special $1,000.

EARLY WITHDRAWAL PENALTY APPLIES: three months loss of interest on amounts withdrawn for CDs 12 months or less, six months loss of interest on amounts withdrawn for CDS over 12 months.

Account Type	Interest Rate	APY
3 MOS CD	0.10%	0.10%
6 MOS CD	0.10%	0.10%
12 MOS CD	0.35%	0.35%
18 MOS CD	0.50%	0.50%
24 MOS CD	0.55%	0.55%
30 MOS CD	1.04% Bump Up	1.04%
36 MOS CD	1.10% Bump Up	1.11%
48 MOS CD	1.20% Bump Up	1.21%
60 MOS CD	1.50% Bump Up	1.51%
60 Month IRA SPECIAL	1.64% Bump Up	1.65%

Chesapeake Bay Checking Account

No minimum balance requirement, no monthly service charge. Non-Interest bearing.

Chesapeake Bay Benefits Checking Account

Interest Credited and Compounded Daily (365/360)

Account Type	Interest Rate	APY
$1,000 Average Monthly Balance or $5,000 in combined deposit balances	0.30%*	0.30%

Requires maintaining an average monthly account balance of $1000 or combined deposit balances of $5000 to avoid a $7 monthly service charge. First order of standard checks provided at no charge. (55+ RECEIVES ACCOUNT AND ALL STANDARD CHECKS AT NO CHARGE – ONE BOX PER ORDER) Available to individuals and sole proprietorships only.

Statement Savings Account

Interest Credited Monthly and Compounded Daily (365/360)

Account Type	Interest Rate	APY
$200.00 Average Monthly Balance	0.30%*	0.30%

Requires an average monthly balance of $20 to avoid a $3 monthly services charge. Minimum average monthly balance of $200 to accrue interest. No minimum balance requirement for individuals under age 21.

Money Market Account

Interest Credited Monthly and Compounded Daily (365/360) Tiered Rates

Account Type	Interest Rate	APY
$0.00-$2,499.99	0.15%*	0.15%
$2,500-$24,999.99	0.15%*	0.15%
$25,000-$49,999.99	0.25%*	0.25%
$50,000 and above	0.50%*	0.51%

Requires maintaining an average monthly balance of $2500 to avoid a $5 monthly service charge.

Safe Harbor Passbook Savings Account

Interest Credited Monthly and Compounded Daily (365/360) Tiered Rates

Account Type	Interest Rate	APY
$0.00-$2,499.99	0.15%*	0.15%
$2,500-$24,999.99	0.20%*	0.20%
$25,000-$49,999.99	0.35%*	0.36%
$50,000 and above	0.50%*	0.51%

Requires maintaining an average monthly balance of $2500 to avoid a $5 monthly service charge. Rate subject to change.

Individual Retirement Savings Account

Interest Credited Monthly and Compounded Daily (365/360). Tiered Rates

Account Type	Interest Rate	APY
$0.00-$2,499.99	0.15%*	0.15%
$2,500-$24,999.99	0.15%*	0.15%
$25,000-$49,999.99	0.24%*	0.25%
$50,000 and above	0.50%*	0.51%

Requires maintaining an average monthly balance of $2500 to avoid a $5 monthly service charge. Rate subject to change.

RATES MAY CHANGE AT ANY TIME AT OUR DISCRETION.*ON INTEREST BEARING ACCOUNTS, THE INTEREST RATE AND ANNUAL PERCENTAGE YIELD MAY CHANGE AFTER ACCOUNT OPENING. FEES MAY REDUCE EARNINGS ON ACCOUNTS. INTEREST IS CALCULATED USING THE DAILY BALANCE METHOD.CALL (410) 224-8800, (410) 956-3700, (410) 768-6900, or (410) 260-2100 FOR MORE INFORMATION AND CURRENT RATES. REFER TO DISCLOSURE OF DEPOSIT ACCOUNT AGREEMENT AND TERMS FOR ADDITIONAL ACCOUNT FEATURES AND BENEFITS.

ATM NETWORK AND FEES: SEVERN IS A MEMBER OF THE ATM NETWORK. ALLPOINT OFFERS OVER 43,000 SURCHARGE-FREE ATMS NATIONWIDE. IN ADDITION, SEVERN DOES NOT CHARGE ITS CUSTOMERS A FEE FOR ATM TRANSACTIONS.

NOTICE REGARDING ATM FEES BY OTHERS: If you use an automated teller machine that is not operated by us or a member of the Allpoint™ ATM network, you may be charged a fee by the operator of the machine and/or by an automated transfer network.