First National Bank of Wamego : Business Savings Accounts and CDs

At First National Bank of Wamego, we make saving for your business easy and profitable. We currently offer two options for business savings plans:

Business Savings - A basic interest-bearing savings account available to all businesses
CDs - A safe investment with higher returns.

24/7 Online Banking, and Telephone (1st Access) Banking are available with all of our business savings accounts.

	Business Savings	CDs
* Rates subject to change
Amount to Open	$100	$500
Withdrawal Limit	3 per month	—
Excess Withdrawal Fee	$3	Penalty may apply
A.P.Y.*	2.07 %	1.95 % to 3.67 % See details
Statements	see details	see details
Other	None	A penalty may be imposed for early withdrawal
E-Statements		—

Business Savings

A basic interest-bearing savings account available to all businesses.

$100.00 to open
Withdrawals limited to three per calendar month
An excess debit fee of $3.00 for each withdrawal in excess of three per calendar month
The account earns interest based on the average collected daily balance
Interest is compounded and credited quarterly
Quarterly statements unless the account contains an electronic transaction during a month, then a monthly statement is sent (E-Statements are available)

A safe investment for the depositor who wishes a higher return on their funds. CDs are safer than the stock market and are FDIC insured.

Different terms available

Rates effective as of December 5, 2008

8 Month CD
3.00 %
A.P.Y.

Annual percentage yield and rate are based upon term chosen
Interest can be:
- Compounded back to CD monthly, quarterly, semi-annually, or annually or
- paid monthly, quarterly, semi-annually, or annually by a deposit to checking or savings accounts or by check