Certificate of Deposit Rates in Jonestown

This bank was founded in 1873 and is based in Jonestown, Pennsylvania.  As a state bank, the bank is subject to regulation of the Pennsylvania Department of Banking and the Federal Deposit Insurance Corporation.  Jonestown Bank and Trust Company, of Jonestown, Pennsylvania has been FDIC insured since January 1, 1934.  The area served by the bank is principally Lebanon County, Pennsylvania.  The bank has eight bank branch locations serving this region.  As of September 2008 the bank had assets of $294,349,000 and net income through the first nine months of 2008 of $2,149,000.

Jonestown Bank and Trust Company provides various banking products and services, as well as trust services in Pennsylvania.  The bank’s deposit products and services include non interest checking, regular checking, freedom checking, interest checking, premier checking, prestige checking, money market account, statement savings, young investors savings, certificates of deposit, and individual retirement accounts.  The banks loan product offerings includes mortgages comprising first time home buyers loans, fixed rate loans, adjustable rate loans, construction loans, conventional loans, home equity loans and home equity lines of credit, auto loans, credit cards as well as commercial loans.  Jonestown Bank and Trust Company also offers electronic banking and Internet banking.  In addition, the bank provides investment services, including investments and retirement plans; and trust services comprising investment management, executor, testamentary, trustee, estate planning, and asset protection services.

The bank is now offering the following special CD rates, and terms and standard CD rates and terms.

Special CD rate promotions include a 48 month CD has an interest rate of 3.45% APY and a 24 month CD earns a rate of 2.95% APY.

The standard CD rates and terms are:

7 to 31 days certificate of deposit earns an interest rate of 1.50% APY
3 month certificate of deposit has an interest rate of 1.60% APY
6 month certificate of deposit yields an interest rate of 1.70% APY
1 year certificate of deposit rate is 1.90% APY
18 month certificate of deposit interest rate is 2.10% APY
2 year certificate of deposit earns an interest rate of 2.20% APY
3 year certificate of deposit yields an interest rate of 2.35% APY
4 year certificate of deposit has an interest rate of 2.75% APY
5 year certificate of deposit rate is 2.80% APY

Certificate of deposit interest rates subject to change without notice.  Fees may reduce earnings.  CD Specials may be withdrawn at any time and are not good in conjunction with any other offer.  There are penalties for early withdrawal.  The CDs have a $500 minimum deposit.

For current CD rates and account information a bank representative can be reached at 717-274-7557.  The bank web address is www.jonestownbank.com.

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This entry was posted on Thursday, February 19th, 2009 at 9:51 am and is filed under Bank Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.