Savings Account Product Comparison Sheet

SAVINGS Accounts

SAVINGS ACCOUNT COMPARISON

Dormant Fee

$5 quarterly $5 quarterly $5 quarterly $5 quarterly if balance is if balance is if balance is if balance is below $300 below $300 below $300 below $300 and no activity and no activity and no activity and no activity for 365 days for 365 days for 365 days for 365 days

* Regular Savings requires $50 minimum to open.

** At age 18, Coin Club converts to Regular Savings.

† WOW Whatever requires auto transfer from checking or savings—minimum $10 transfer weekly or bi-weekly or $20 minimum transfer monthly. Account also requires statement by E-statement or combined with checking from which transfer occurs. $25 penalty if closed within first 6 months.

†† Liquid CDs require $1,000 minimum to open and pay tiered rates of interest. WOW Liquid CD is available for Liquid CD balances greater than $250,000. Same fees, terms, and withdrawals as the regular Liquid CD apply.

CONTINUED ON THE BACK SIDE

CERTIFICATES OF DEPOSIT (CDS) FIXED RATE CDS

It’s easy to plan for the future when you know your interest rate is guaranteed for the life of your certificate. That’s why Paducah Bank’s Fixed Rate CDs have an important place in your portfolio. Terms are available from a few months to several years. Open your Fixed Rate CD with as little as $2,500.

LIQUID CD

This CD is more like a savings account than a traditional CD, and pays a higher interest rate than our savings account. You may make a deposit as often as you wish and make four withdrawals per year. No monthly maintenance fee will be assessed as long as you maintain a balance of at least $300 and the account does not become dormant.*

MONEY MARKET ACCOUNTS

At Paducah Bank, you’ll never have to sacrifice safety or liquidity to earn competitive rates. Our Money Market Account offers limited check writing, pre-authorized transfer privileges and a comprehensive monthly statement.

INDIVIDUAL RETIREMENT ACCOUNTS (IRAS)

If you are currently employed, it’s never too soon to start planning for your retirement with an Individualized Retirement Account. A Paducah Bank IRA gives you attractive retirement savings and possibly tax advantages too. The sooner you open your IRA, the more comfortable your retirement years can be.

TRADITIONAL IRA

The Traditional IRA is available to anyone under the age of 70 who earns income from full-time or part-time work. This IRA is a great way to save for retirement through a tax-deferred account. Tax deductibility is another reason

for many individuals to invest in a Traditional IRA. It can mean an immediate tax break, allowing you to deduct part or all of your contribution on your income tax return.

ROTH IRA

The Roth IRA is different from a Traditional IRA in some very important respects. Unlike the Traditional IRA, where contributions can be as much as 100% taxdeductible and growth is tax-deferred, Roth IRA contributions are not tax-deductible for anyone. But growth of assets in a Roth IRA is potentially tax-free, so when you take distributions, you may not have to pay federal income tax on them. While the Traditional IRA sets an age limit of 70, the Roth IRA sets no age limit for eligibility.

SAVING IS EASY

AUTOMATIC SAVINGS PLAN

Get into the savings habit without standing in line or remembering to make deposits. Just authorize Paducah Bank to transfer a specific amount of money from any Paducah Bank Checking Account to your Savings Account, Money Market Account, or selected IRAs on a regular basis. It’s hassle free—and a great way to watch your money grow. You may also transfer money to your Paducah Bank Savings Account through your Internet Banking Account, Mobile Banking or by using our WOW! InfoLine at 575.6677.

COMBINED STATEMENT OPTION

For easier financial record keeping, you may choose to have your Savings Account activities detailed on a combined statement with your Paducah Bank Checking Account.

E-STATEMENTS VIA ONLINE BANKING

E-statements give you fast, easy and convenient access to your account statements with the click of a mouse! No more waiting for the mail to be delivered.

Savings and Money Market Accounts are limited transaction accounts. Early withdrawal penalties apply to Certificates of Deposit and IRA time deposits. Additional information can be found in the disclosures for deposit accounts. Trust and Investment products are not FDIC insured. They may lose value and are not guaranteed by The Paducah Bank and Trust Company or any government agency.