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Customer Care Center: (845) 369-8551

Investment Management

 
 
 

Effective as of 05/15/08
(Interest Rates Subject to Change Without Notice)

Rates

Cd Term   Interest Rate Annual Percentage Yield Minimum Opening Balance
3 Month  1.98%   2.00%   $500  
6 Month  2.23%   2.25%   $500  
7 Month  1.98%   2.00%   $500  
9 Month  2.23%   2.25%   $500  
1 Year  2.47%   2.50%   $500  
18 Month  2.71%   2.75%   $500  
18 Month Jump Up  2.71%   2.75%   $500  
24 Month  2.96%   3.00%   $500  
30 Month  2.96%   3.00%   $500  
30 Month Jump Up  2.71%   2.75%   $500  
36 Month  3.20%   3.25%   $500  
5 Year  3.44%   3.50%   $500  
6 Month Jumbo  2.25%   2.23%   $100,000  
9 Month Jumbo  2.47%   2.25%   $100,000  
12 Month Jumbo  2.47%   2.50%   $100,000  

Minimum opening balances shown above also represent minimum balance required to obtain the quoted Annual Percentage Yield (APY). APY assumes opening balance remains on deposit for full term. APY is accurate as of the effective date. Rates subject to change without notice. Substantial penalty for early withdrawal. For more information, call 845.369.8551.
* To obtain the quoted Annual Percentage Yield (APY) on the special CD terms, customer must open or maintain a Provident Bank checking account.

Tiered Rates

Product   Rate APY
PMB Municipal Savings ($0 - $100K)  .40%   .40%  
PMB Municipal Savings (> $100K)  .50%   .50%  
PMB Municipal MM ($100K - $999K)  .75%   .75%  
Municipal MM Plus (0-$99,999)  .50%   .50%  
Municipal MM Plus ($1,000,000-$2,499,999)  2.47%   2.50%  
Municipal MM Plus ($2,500,000-$4,999,999)  2.47%   2.50%  
Municipal MM Plus (>5,000,000)  2.47%   2.50%  

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