|
Interest is accrued on interest bearing accounts based on the
end of day balance of the account times the rate for that day,
divided by the number of days in the year. Accrued interest is
distributed on the last day of the month and includes interest
accrued for the last day of the month.
The following table reflects the changes in the interest rate paid:
| January 29, 2010 |
0.55% |
| January 15, 2010 to January 28, 2010 |
0.60% |
| December 22, 2009 to January 14, 2010 |
0.65% |
| November 2, 2009 to December 21, 2009 |
0.70% |
| September 18, 2009 to November 1, 2009 |
0.75% |
| August 20, 2009 to September 17, 2009 |
0.80% |
| July 30, 2009 to August 19, 2009 |
0.85% |
| July 20, 2009 to July 29, 2009 |
0.90% |
| June 24, 2009 to July 19, 2009 |
0.95% |
| May 15, 2009 to June 23, 2009 |
1.00% |
| May 5, 2009 to May 14, 2009 |
1.05% |
| April 14, 2009 to May 4, 2009 |
1.10% |
| April 6, 2009 to April 13, 2009 |
1.20% |
| March 30, 2009 to April 5, 2009 |
1.30% |
| March 20, 2009 to March 29, 2009 |
1.35% |
| March 6, 2009 to March 19, 2009 |
1.40% |
| February 20, 2009 to March 5, 2009 |
1.45% |
| February 12, 2009 to February 19, 2009 |
1.50% |
| February 5, 2009 to February 11, 2009 |
1.55% |
| January 30, 2009 to February 4, 2009 |
1.60% |
| January 27, 2009 to January 29, 2009 |
1.70% |
The following are the average daily rates paid during the month:
| January 2010 |
0.6177% |
| December 2009 |
0.6839% |
| November 2009 |
0.7017% |
| October 2009 |
0.7500% |
| September 2009 |
0.7783% |
| August 2009 |
0.8306% |
| July 2009 |
0.9274% |
| June 2009 |
0.9883% |
| May 2009 |
1.0290% |
| April 2009 |
1.1600% |
| March 2009 |
1.3855% |
| February 2009 |
1.5107% |
|
