Irwin Bank & Trust
Rate Tables

Rates effective as of  12/14/2001 
Subject to change without notice.

Checking

Product Name
Rate
APY*
NOW: Minimum initial deposit to open account is $500
Balances between $0.01 and $999.99 #
1.000%
1.000%
Balances between $1,000 and $2,499.99 #
1.000%
1.000%
Balances over $2,500 #
1.000%
1.000%
IBMA - Personal: Minimum initial deposit to open account is $1000
Balances between $0.01 and $999.99 #
2.000%
2.020%
Balances between $1,000 and $2,499.99 #
2.300%
2.320%
Balances between $2,500 and $9,999.99 #
2.500%
2.530%
Balances between $10,000 and $24,999.99 #
2.720%
2.750%
Balances over $25,000 #
2.720%
2.750%
IBMA - Business: Minimum initial deposit to open account is $1000
Balances between $0.01 and $999.99 #
2.000%
2.020%
Balances between $1,000 and $2,499.99 #
2.200%
2.220%
Balances between $2,500 and $9,999.99 #
2.350%
2.380%
Balances between $10,000 and $24,999.99 #
2.450%
2.480%
Balances over $25,000 #
2.600%
2.630%
IBMA - Gold: Minimum initial deposit to open account is $15,000
Balances between$15,000 and $49,999.99 #
2.720%
2.750%
Balances between $50,000 and $99,999.99 #
2.720%
2.750%
Balances over $100,000 #
2.970%
3.000%
* Annual Percentage Yield
# We will pay disclosed APY on all balances in the account
Fees could reduce earnings

Savings

Product Name
Rate
APY*
Payout Date
Minimum
Deposit
Statement#
 
1.980%
2.000%
  
25
Passbook#
 
1.990%
2.000%
  
25
IRA Variable Passbook #
 
2.320%
2.340%
  
100
Christmas Club ($2 minimum balance must be maintained to obtain stated APY)
  Coupon
1.500%
1.500%
 10-04-02
  2
  Auto Transfer
2.000%
2.000%
 10-04-02
  2
* Annual Percentage Yield
# We will pay disclosed APY on all balances in the account
Fees could reduce earnings

Certificates of Deposit

Product Name
Rate
APY*
Minimum
Deposit **
Compounding Frequency
182 Days
1.980%
2.000%
500
N/A
9 Months Special
2.370%
2.400%
1,000
N/A
10 Months
2.270%
2.300%
1,000
N/A
1 Year
2.200%
2.200%
500
 N/A
18 Months 
2.400%
2.400%
  500
Annually
2 Years
3.400%
3.400%
500
Annually
30 Month 
3.000%
3.000%
500
Annually
3 Years Special
3.790%
3.790%
500
Annually
4 Years
4.250%
4.250%
500
Annually
5 Years
4.250%
4.250%
500
Annually
10 Years
4.500%
4.500%
500
Annually
* Annual Percentage Yield
Penalty for Early Withdrawal
** Minimum balance required to open these accounts and obtain stated APY

Individual Retirement Accounts

(Traditional, ROTH & Educational)

 Product Name
Rate
APY*
Minimum
Deposit **
 Compounding Frequency
  182 Days
1.980%
2.000%
500
N/A
  9 Months Special
2.370%
2.400%
1,000
N/A
  10 Months
2.270%
2.300%
1,000
N/A
  1 Year
2.200%
2.200%
500
 N/A
  18 Months 
2.400%
2.400%
  500
Annually
  2 Years
3.400%
3.400%
500
Annually
  30 Month
3.000%
3.000%
1,000
Annually
  3 Years Special
3.790%
3.790%
500
Annually
  4 Years
4.250%
4.250%
500
Annually
  5 Years
4.250%
4.250%
500
Annually
  10 Years
4.500%
4.500%
500
Annually
* Annual Percentage Yield
  Penalty for Early Withdrawal
** Minimum balance required to open these accounts and obtain stated APY

Home Equity Loans 

Print out an IBT Application Now.

Product Name and term
APR+
APR+ with Automatic Payment
Deducted >From IBT Personal
Regular Checking
or Statement Savings Account
APR+ with
Automatic Payment
Deducted from 
IBT Extra Checking Account
Home Equity Term (Fixed Rate)
  1 to 3 Years
7.240%
6.990%
6.740%
  4 to 5 Years
7.490%
7.240%
6.990%
  6 to 10 Years
7.740%
7.490%
7.240%
  11 to 15 Years
7.990%
7.740%
7.490%
  16 to 20 Years
8.490%
8.240%
7.990%
Home Equity Line of Credit (Variable Rate)
  Standard
6.630%
6.387%
6.130%
  Prime
6.000%
5.750%
5.500%
+ Annual Percentage Rate
$73.00 property report and recording fee applies
Rates for owner occupied dwellings and loan amounts of $5,000 or more

Mortgage Loans 

Product Name
Points
Rate
APR++
Conventional (1 to 4 family - owner occupied)
  15 Years
0
6.625%
6.711%
 
1
6.250%
6.495%
 
2
6.125%
6.530%
 
3
6.000%
6.567%
       
 30 Years
0
7.125%
7.179%
 
1
6.875%
7.028%
 
2
6.625%
6.876%
 
3
6.375%
6.722%
FHA (1 to 4 family - owner occupied)
  15 Years
0
7.000%
7.163%
 
 1
 6.500%
6.823%
 
 2
 6.000%
6.480%
       
30 Years
0
7.250%
7.352%
 
1
7.000%
7.202%
 
 2 
 6.750%
7.051%
PHFA Conventional, First Time Buyer Program (1 to 4 family - owner occupied)
  30 Years
1
5.625%
5.802%
++ Annual Percentage Rate, based on $80,000 mortgage
++ Annual Percentage Rate, based on $80,000 mortgage and $0 prepaid interest
Conforming and FHA rates are for loans of $80,000 and over
For loans of $50,000 thru and including $79,999 add .125 (1/8)
For loans of $40,000 thru and including $49,999 add .250 (1/4)
For loans under $39,999 add .375 (3/8)

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