Caye Bank would like to notify its valued customers of an upcoming change to its annual interest rates. Effective April 1, 2013, all direct deposit, savings and lifestyle accounts will reflect updated rates ranging from 0.1 percent to 1.5 percent. Here is how each customer, depending on his or her balance, will be affected by the change:
Direct Deposit Accounts
Minimum Account Balance: New Interest Rate
0 – $9,999: 0%
$10,000 – $24,999: 0.1%
$25,000 – $99,999: 0.15%
$100,000 and more: 0.25%
Savings and Lifestyle Accounts
Minimum Account Balance: New Interest Rate
0 – $9,999: 0%
$10,000 – $24,999: 0.15%
$25,000 – $99,999: 1.05%
$100,000 and more: 1.5%
Customers will still receive frequent account statements, monthly or quarterly interest payments, and 24-hour access to online account information. At Caye Bank, our customer’s satisfaction is a top priority. We hope these changes will continue to provide a positive experience for our direct deposit, savings and lifestyle account holders.
