DEP SPECIALS May 19

Personal Banking Deposit Specials

Earn More Enjoy More

With new, flexible, high yield deposit offerings, enhanced online and mobile banking features and highly personalized service, you’ll earn more and enjoy more at Providence Bank & Trust.

MMA 2 May 2019

Achieve More Money Market

Earn up to 1.60% APY* with a balance of $75,000 or more.

 

Apply Now

SAV May 2019

Achieve More Savings Account

Earn up to 2.00% APY* with a balance of $25,000 or more.

 

Apply Now

CD 2 May 2019

13 Month CD Special

Earn 2.50% APY* for 13 Months

Visit one of our convenient locations to open your account!

 


*Achieve More Money Market. Offer valid beginning May 1, 2019 and may be eliminated at any time. Account is available to individuals only.  Requires minimum $15,000.00 opening deposit.  Initial deposit must come from funds not currently on deposit with Providence Bank & Trust.  APY refers to Annual Percentage Yield. Account balances of $75,000 or more will earn 1.60% APY and account balances of 74,999.99 or less will earn 0.25% APY.  APY is accurate as of May 1, 2019.  Rates are subject to change at any time.  Minimum balance is $2,500 or an average collected balance of $5,000.  A $10.00 monthly Account Maintenance Fee applies if balance falls below minimum. Transfers from a Money Market account to another account or to third parties by check, drafts, and preauthorized, automatic, telephone or computer transfers are limited to six per statement cycle.  A $15.00 service fee applies for each withdrawal exceeding six.  Fees may reduce earnings.  Other fees or restrictions may apply.

*Achieve More Savings. Offer valid beginning May 1, 2019 and may be eliminated at any time. Account is available to individuals only.  Requires minimum $5,000 opening deposit.  Initial deposit must come from funds not currently on deposit with Providence Bank & Trust.   Account balances of $25,000 or more will earn 2.00% APY (Annual Percentage Yield) and account balances of 24,999.99 or less will earn 0.25% APY.  APY is accurate as of May 1, 2019.  Rates are subject to change at any time.  Minimum balance is $200.  A $5.00 monthly Account Maintenance Fee applies if balance falls below minimum. Transfers from a savings account to another account or to third parties by preauthorized, automatic, telephone or internet transfers are limited to six per month with no transfers by check, draft, debit card or similar order to third parties. A $5.00 service fee applies for each withdrawal exceeding six.  Fees may reduce earnings.  Other fees or restrictions may apply.

*13 Month CD Special. APY refers to Annual Percentage Yield. Interest rate of 2.48% and APY of 2.50% are accurate as of May 1, 2019 and is subject to discontinuation or change without notice. Account is available to individuals only.  Providence Bank & Trust reserves the right to limit deposits. Individual Retirement Account (IRA) are eligible.  Minimum balance to open a CD or IRA and earn stated APY is $2,500.00.  Initial deposit must come from funds not currently on deposit with Providence Bank & Trust. Fees may reduce earnings. Interest is compounded quarterly. Penalties may be imposed for early withdrawal.  At maturity, the 13 month CD will renew to a 12 month CD, at the rate we are paying on the date of maturity for a 12 month CD. Other terms and conditions may apply.

 Free downloadable App for Apple and Android users and text message banking are available. Providence Bank & Trust does not charge fees for using the mobile banking service. However, your wireless carrier may charge a fee for SMS (text) messaging and/or data usage, whichever is required for mobile banking. All trademarks, service marks and registered marks are the properties of their respective owners.