Savings Bank of Danbury People Serving People

Health Savings Account Rates

Rate4 and Yields accurate as of 
May 13, 2008 Schedule Of Interest

Call 203-743-3849 for current rate information
Effective May 13, 2008

Type of
Account

Annual
Percentage Yield

InteresT Rate

Minimum
Balance to
Earn APY

Minimum
Balance
to Open
Account

Interest
Credited

Interest
Compounded

Frequency
of Rate
Change

Tier-1...
1.25
1.23
$.01  
$25.00
monthly continuously variable
Tier-2...
2.00
1.95
$1500.00  
$25.00
monthly continuously variable
Tier-3...
3.00
2.92
$2500.00  
$25.00
monthly continuously variable
Tier-4...
3.75
3.63
$5000.00  
$25.00
monthly continuously variable
Tier-5...
4.50
4.34
$10000.00  
$25.00
monthly continuously variable
Tier-6...
4.50
4.34
$50000.00  
$25.00
monthly continuously variable
  • Annual percentage yield assumes principal and interest remain on deposit for one year.

  • Rates subject to change at any time.

  • Fees may reduce earnings on accounts.

  • Individual Plan Yearly Contribution Maximun $2,850.00

  • Family Plan Yearly Contribution Maximun $5,650.00

  • Interest begins to accrue on the business day you deposit non-cash items (for example, checks).

  • We use the daily balance computation to calculate the interest on your account.

  • This method applies a daily periodic rate to the principal in the account each day.

News & Events Locations Our Community About Us Careers Site Map Home

© 2005 Savings Bank of Danbury      Equal Housing Lender      Member FDIC      Privacy Statement      Contact Us    Patriot Act
Last Revised: May 13, 2008

PC Banking for the Individual PC Banking for your Business Savings Bank of Danbury, people serving people May 13, 2008May 13, 2008