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The First National Bank of Sparta
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Rates



Certificate of Deposit Terma


Minimum Deposit to Open Rate APYb
31 Day $2500 .60% .60%
91 Day $2500 .75% .75%
182 Day $500 1.09% 1.10%
12 Month $500 1.74% 1.75%
18 Month $500 1.98% 2.00%
24 Month $500 2.23% 2.25%
30 Month $500 2.23% 2.25%
36 Month $500 2.23% 2.25%
48 Month $500 2.37% 2.40%
60  Month $500 1.99% 2.01% 

Checking/Savings Minimum Deposit to Open Rate APYb
Super Nowc,d $1000.00

               Up to $999.99

.15% .15%
               $1000.00 and up

.25% .25%
Money Marketc,d $1000.00

               Up to $999.99

.25% .25%
               $1000.00 and up 
.50% .50%
Regular Savingsc,d $100 .40% .40%
College Cluba $5 .55% .55%

a A penalty may be imposed for early withdrawal.  Rates are accurate as of May 18, 2023 and are subject to change at any time.
 
Annual Percentage Yield (APY)
The APY (Annual Percentage Yield) is a percentage rate that reflects the total amount of interest paid on the account, based on the interest  rate and the frequency of compounding for a 365-day period (366 in a  leap year). 
 
If you receive a periodic statement, that statement will include the APY earned on your account for the period covered by the statement.
APY listed is an estimate.  Actual APY will be based on the specific account terms and will be disclosed at account opening.
 
c The interest rate and annual percentage yield may change after account opening. 
 
Fees could reduce the earnings on the account.