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Pine Island Bank offers competitive interest rates on deposit and loan products. Please contact us for current loan rates.

Our current deposit rates with the corresponding Annual Percentage Yields (APY's) are listed below. Annual Percentage Yields are accurate as of April 1, 2008 *APY=Annual Percentage Yield

Pine Island Bank's Current Deposit Rates
*Rates may change without notice after opening account.
Pine Island Now Checking
*APY Interest Rate Interest Compounded
.30% .30% Monthly
Minimum balance required to open and earn disclosed APY is $2000.00. 
Fees could reduce earnings. 


Savings
*APY Interest Rate Interest Compounded
.60% .60% Monthly
Minimum balance required to earn disclosed APY is $50.00. 
Limitation of frequency of transfers. 


Christmas Club
*APY Interest Rate Interest Compounded
4.00% 4.00% Annually
Minimum balance required to earn disclosed APY is $1.00. 
Early withdrawal penalty. 
Fees could reduce earnings. 


Money Market Deposit Account
Balance *APY Interest Rate Minimum Balance Required to Earn APY
250.00 - 2,499.99 0.60% 0.60% $250.00
2,500.00 - 9,999.99 0.75% 0.75% $2,500.00
10,0000.00 - 24,999.99 1.00% 1.00% $10,000.00
25,000.00 - 49,999.99 1.51% 1.50% $25,000.00
50,000.00 - 99,999.99 1.76% 1.75% $50,000.00
100,000.00 and over 2.02% 2.00% $100,000.00
Minimum balance to open account is $2,500.00. 
Fees could reduce earnings. 
Limitation on frequency of transfers/withdrawals. 
Interest compounded monthly. 

Young Savers Certificate
Balance=/>$300.00 Term Interest Compounded Quarterly *APY Rate
12 Month 2.73% 2.70%
24 Month 2.83% 2.80%
36 Month 2.88% 2.85%
48 Month 2.93% 2.90%
60 Month 3.03% 3.00%
Minimum balance required to earn disclosed APY is $300.00.
Early withdrawal penalty, fees could reduce earnings.

Traditional and Roth IRA Rates
Balance =/< $49,999.99 Term Interest Compounded Quarterly *APY Rate
12 Month 2.73% 2.70%
24 Month 2.83% 2.80%
36 Month 2.88% 2.85%
48 Month 2.93% 2.90%
60 Month 3.03% 3.00%
Minimum balance required to earn disclosed APY is $100.00.
Early withdrawal penalty, fees could reduce earnings.


Balance =/> $50,000.00 Term Interest Compounded Quarterly *APY Rate
12 Month 2.98% 2.95%
24 Month 3.09% 3.05%
36 Month 3.14% 3.10%
48 Month 3.19% 3.15%
60 Month 3.29% 3.25%
Minimum balance required to earn disclosed APY is $50,000.00
Early withdrawal penalty, fee could reduce earnings.

Certificates of Deposit
Balance =/< $24,999.99 Term *APY Rate
3 Month 2.17% 2.15%
6 Month 2.68% 2.65%
12 Month 2.73% 2.70%
24 Month 2.83% 2.80%
36 Month 2.88% 2.85%
48 Month 2.93% 2.90%
60 Month 3.03% 3.00%
24 Month Step-Up 2.73% 2.70%
36 Month Triple Play 2.68% 2.65%
Minimum balance required to earn disclosed APY is $500. ($2500.00 minimum balance for Triple Play)
Early withdrawal penalty, fees could reduce earnings. Interest compounded quarterly.


Balance =/> $25,000.00 Term *APY Rate
3 Month 2.42% 2.40%
6 Month 2.93% 2.90%
12 Month 2.98% 2.95%
24 Month 3.09% 3.05%
36 Month 3.14% 3.10%
48 Month 3.19% 3.15%
60 Month 3.29% 3.25%
24 Month Step-Up 2.98% 2.95%
36 Month Triple Play 2.93% 2.90%
Minimum balance required to earn disclosed APY is $25,000.00
Early withdrawal penalty, fees could reduce earnings. Interest compounded quarterly.


Member FDIC
(507) 356-8328

 128 S. Main St. PO Box 68
Pine Island, MN 55963
507 356-8328 ยท 507 356-4353(fax)
©2007 www.pineislandbank.com