Rates

Interest Rates/APYs effective May 22nd, 2013.

Interest on all products are accrued daily and compounded monthly
Fees may reduce earnings, the interest rate on checking and savings accounts may change at any time after opening.

Checking Accounts

Account TypeBalance TiersAPY*
Pacific Rim Checking**$0 - $2,499.990.00%
$2,500 & over0.05%
Senior Checking**$0 - $2499.990.05%
$2,500 & over0.10%
Non-profit Interest Paying Checking**0.05%

*APY = Annual Percentage Yield

** Minimum opening deposit of $100

Savings Accounts

Account TypeInterest RateAPY*
Senior Savings**0.35%0.35%
eDirect Savings** ***0.30%0.30%
Personal Savings**0.25%0.25%
Non-Profit Savings**0.20%0.20%
Business Savings**0.15%0.15%

*APY = Annual Percentage Yield

** Minimum opening deposit of $100.

*** Monthly recurring deposit of $50 through direct deposit or electronic funds transfer is required.

Individual Retirement Accounts

Account TypeBalance TiersInterest RateAPY*
IRA - 3 Months$500 - $49,999 0.100%0.10%
$50,000 - $99,9990.100%0.10%
$100,000 & over0.100%0.10%
IRA - 6 Months$500 - $49,999 0.200%0.20%
$50,000 - $99,9990.200%0.20%
$100,000 & over0.200%0.20%
IRA - 9 Months$500 - $49,999 0.200%0.20%
$50,000 - $99,9990.200%0.20%
$100,000 & over0.200%0.20%
IRA - 1 Year$500 - $49,999 0.400%0.40%
$50,000 - $99,9990.400%0.40%
$100,000 & over0.400%0.40%
IRA - 2 Year$500 - $49,999 0.650%0.65%
$50,000 - $99,9990.650%0.65%
$100,000 & over0.650%0.65%
IRA - 3 Year$500 - $49,999 0.900%0.90%
$50,000 - $99,9990.900%0.90%
$100,000 & over0.900%0.90%

*APY = Annual Percentage Yield

Individual Retirement Account (IRA) minimum opening deposit of $500

Certificate of Deposit (CD) minimum opening deposit of $2,500

There may be a penalty for early withdrawal.

More Info

Certificates of Deposit

Account TypeBalance TiersInterest RateAPY*
CD - 3 Months$2,500 - $49,999 0.100%0.10%
$50,000 - $99,9990.100%0.10%
$100,000 & over0.100%0.10%
CD - 6 Months$2,500 - $49,999 0.200%0.20%
$50,000 - $99,9990.200%0.20%
$100,000 & over0.200%0.20%
CD - 9 Months$2,500 - $49,999 0.200%0.20%
$50,000 - $99,9990.200%0.20%
$100,000 & over0.200%0.20%
CD - 1 Year$2,500 - $49,999 0.400%0.40%
$50,000 - $99,9990.400%0.40%
$100,000 & over0.400%0.40%
CD - 2 Year$2,500 - $49,999 0.650%0.65%
$50,000 - $99,9990.650%0.65%
$100,000 & over0.650%0.65%
CD - 3 Year$2,500 - $49,999 0.900%0.90%
$50,000 - $99,9990.900%0.90%
$100,000 & over0.900%0.90%

*APY = Annual Percentage Yield

Individual Retirement Account (IRA) minimum opening deposit of $500

Certificate of Deposit (CD) minimum opening deposit of $2,500

There may be a penalty for early withdrawal.

More Info

Money Market Savings

BalanceInterest RateAPY*
$9,999 or Less0.05%0.05%
$10,000 - $24,9990.05%0.05%
$25,000 - $49,9990.05%0.05%
$50,000 - $99,9990.10%0.10%
$100,000 or More0.20%0.20%

*APY = Annual Percentage Yield

Minimum opening deposit of $100

More Info

CDARS® - Certificates of Deposit

Orders must be placed by Tuesday afternoon at 2:00 p.m.

New interest rates are available every Thursday

For more information about the CDARS program contact cdars@pacificrimbank.com

$100,000 - $50,000,000
MaturityInterest RateAPY*
4 weeks0.03%0.03%
13 weeks0.05%0.05%
26 weeks0.07%0.07%
52 weeks0.09%0.09%
2 years0.18%0.18%
3 years0.33%0.33%
5 years0.40%0.40%

*APY = Annual Percentage Yield

Minimum opening deposit of $100,000

There may be a penalty for early withdrawal.

APY assume amounts remain on deposit until maturity. Selection of other available payment options may result in different amounts earned and different APY's.

More Info

CDARS Early Withdrawal Penalties

Penalties will be imposed by the institution that issued the CD and are as follows:
4 weeks28 days of simple interest
13 weeks90 days of simple interest
26 weeks90 days of simple interest
52 weeks180 days of simple interest
2 years360 days of simple interest
3 years540 days of simple interest
5 years900 days of simple interest