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Columbia Bank's Individual Retirement Account (IRA) Rates

APYS ARE ACCURATE AS OF 7/11/2019 AND ARE SUBJECT TO CHANGE AT ANY TIME.

ANNUAL PERCENTAGE YIELD = APY

Variable Rate Interest Bearing Retirement Accounts


Interest Rate  APY  Daily Minimum Balance To Obtain APY  Compounding  **Interest Crediting 
Passbook 0.15% 0.15% $50.00 Quarterly Quarterly
Distribution 0.15% 0.15% $.01 Daily Quarterly

Advantage Plus - Fixed Rate Retirement Certificate(s)

 Term Interest Rate  APY  *Minimum Balance To Open Account  Compounding  **Interest Crediting  ***Premature Withdrawal Penalty Loss Of ****Automatic Renewal/Grace Period 

12 Month AP

2.33%

2.35%

$500.00 Quarterly  Quarterly & at Maturity  180 days Yes/ 7 days

18 Month AP Fixed

2.37%

2.40%

$500.00 Daily  Quarterly & at Maturity 180 days  Yes/ 7 days

Fixed Rate Retirement Certificates

 Term Interest Rate   APY Minimum Balance To Open Account  Compounding  **Interest Crediting  ***Premature Withdrawal Penalty Loss Of  ****Automatic Renewal/Grace Period 
91 day 1.99% 2.00% $500.00 None Quarterly & at Maturity 30 days Yes/ 7 days
6 Months (182 Days) 1.99% 2.00% $500.00 None Quarterly & at Maturity 90 days Yes/ 7 days
9 Months 0.60% 0.60%
$500.00 Quarterly Quarterly & at Maturity 90 days Yes/ 7 days

12 Month

2.08%

2.10%

$500.00 Quarterly  Quarterly & at Maturity  180 days Yes/ 7 days

18 Month 

2.13%

2.15%

$500.00 Daily  Quarterly & at Maturity 180 days  Yes/ 7 days
24 Months 1.73% 1.75% $500.00 Daily  Quarterly & at Maturity 270 days  Yes/ 7 days
30 Months  1.73% 1.75%  $500.00 Daily  Quarterly & at Maturity 270 days  Yes/ 7 days

36 Month

2.23%

2.25%

$500.00 Daily  Quarterly & at Maturity 365 days Yes/ 7 days

48 Month

2.23%

2.25%

$500.00 Daily  Quarterly & at Maturity 365 days Yes/ 7 days

60 Month

2.47%

2.50%

$500.00 Daily  Quarterly & at Maturity 365 days Yes/ 7 days

72 Month

2.47%

2.50%

$500.00 Daily  Quarterly & at Maturity 365 days Yes/ 7 days

84 Month

2.47%

2.50%

$500.00  Daily Quarterly & at Maturity 365 days Yes/ 7 days

Variable Rate Retirement Certificate(s)

 Terms Initial Interest Rate   Initial APY Minimum Balance To Open Account Compounding  **Interest Checking  ***Premature Withdrawal Penalty Loss Of  ****Automatic Renewal/Grace Period 

18 Month Variable

2.47%

2.50%

$100.00 Daily Quarterly & at Maturity 180 days Yes/7 days
View Disclosure

* The minimum to open any retirement certificate account, fixed or variable, is the same daily minimum to earn the annual percentage rate.

** Interest will be credited on the next to the last business day of each interest crediting period and at maturity. That interest is then available to be withdrawn the following business day. If you close your variable rate interest bearing retirement account before interest is credited you will not receive the accrued interest.

*** The penalty for a premature withdrawal from a fixed rate retirement certificate account during the initial or any subsequent renewal term will be at the interest rate being paid on the account, regardless of the length of time the funds have remained on deposit. The penalty for a variable rate certificate account will be calculated based on the average of the interest rates in effect during the term of the account, regardless of the length of time the funds have remained on deposit. Any withdrawal which reduces the account balance below the initial/renewal balance shall be considered as a withdrawal of the entire account balance.

**** All fixed rate and variable rate retirement certificates provide for automatic renewals unless at least 10 days prior to the maturity date, Columbia gives written notice to the account-holder that the account will not be renewed. In such event, upon maturity, the account will be converted to a variable rate retirement savings account and will receive earnings at the interest rate then paid on variable rate retirement savings accounts. The grace period for all certificates is seven days from the date of maturity. During this period, funds can be withdrawn without penalty and will earn interest at the rate Columbia is offering on the maturity date on certificates for that term.

Available to individuals living or working in NJ.