FIXED DEPOSITS

POOLED FUND ACCOUNT
 

FUNDS INVESTED

RATES

$1,000. - $24,999.

5%

$25,000. - $49,999.

5.50%

$50,000. - $99,999.

6%

$100,000. - $199,999.

6.50%

$200,000 and over

7%

 

Interest payable Monthly, Quarterly and Semi-annually on sums from $50,000. or higher.

Minimum term – 12 months

Withdrawal – 14 days notice (Mandatory for amounts over $100,000)

Penalty – 2% below annual rate.

Benefits – Can be used as security for loans.

            All interest earned is tax free.

      

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