Interest Rates

Rates effective July 24, 2015

Rates subject to change without notice.

Loans

Mortgage Rates are available on Mortgage Center. Call our Loan Line toll-free at 888.457.5626 for more information.

Prime Rate: 3.25%

 

Home Equity Lines of Credit1

Raymond James Bank pays closing costs
Loan Term Annual Percentage Rate (APR)
10 Years 4.500%
(WSJ Prime + 0.000%)1
No Closing Costs

 


Deposit Accounts

E-mail Raymond James Bank or call toll-free at 800.718.2265 for more information on deposit rates.

Certificates of Deposit

Term Interest Rate Annual Percentage Yield (APY) Minimum Opening Deposit
90 Days 0.02% 0.02% $5,000
6 Months 0.05% 0.05% $5,000
12 Months 0.25% 0.25% $5,000
18 Months 0.30% 0.30% $5,000
24 Months 0.75% 0.75% $5,000
36 Months 1.19% 1.20% $5,000
48 Months 1.54% 1.55% $5,000
60 Months 1.73% 1.75% $5,000

CDs may be opened for any term between 90 days and five years. Substantial penalty for early withdrawal. Certificates are non-negotiable and cannot be sold on the secondary market.


Savings, Money Market, & Sweep Accounts

Investment cash sweep accounts for Raymond James & Associates, Inc. brokerage clients only

Minimum Balance to Obtain Disclosed APY (USD) Interest Rate Annual Percentage Yield (APY) Minimum Opening Deposit
Money Market Non-Sweep Account
Over $5,000 0.02% 0.02% $1,000
$0-$4,999.99 0.01% 0.01% $1,000
Statement Savings Account
Over $2,500 0.01% 0.01% $100
$500-2,499.99 0.00% 0.00% $100
$0-$999.99 0.00% 0.00% $100
Raymond James Bank with Check Writing
Over $5,000 0.02% 0.02% $0
$0-4,999.99 0.01% 0.01% $0
Raymond James Bank Deposit Program (RJBDP)

Rates for the Raymond James Bank Deposit Program are available at http://www.raymondjames.com/rates.htm#rjb.

A total of six withdrawals are allowed per month on Money Market accounts. Fees may reduce the earnings on the account.


Checking Accounts

Minimum Balance to Obtain Disclosed APY (USD) Interest Rate Annual Percentage Yield (APY) Minimum Opening Deposit
Choice Rate Checking
Over $10,000 0.01% 0.01% $100
$1,000-9,999 0.01% 0.01% $100
$0-1,000 NA $100
 

 

1WSJ Prime refers to the Prime Rate as published in the Money Rates Table of the Wall Street Journal. Interest rate may adjust monthly based on the movement in the Prime Rate. Minimum lifetime floor is 4.50% Annual Percentage Rate with a maximum lifetime 18.00% APR applicable to all lines of credit. Lines of credit, except for those in Texas, are subject to an annual fee of $50 which will be charged to the line of credit. All rates are subject to change without notice and your actual APR may vary. Rates shown on this web page are for informational purposes only. All lines of credit have a ten year balloon, which may result in a lump sum balloon payment due at maturity. Additional discounts may be applicable for direct payment from a Raymond James Bank account or Raymond James & Associates brokerage account. All requests are subject to standard credit approval, appraisal, title work, flood certification and income verification. Property insurance required. Flood insurance is required if property is in a designated flood zone of “A” or “V.” Home equity lines of credit secured by Texas real estate have separate parameters. Call for details. The line of credit can be suspended, reduced or terminated in the event of fraud, failure to repay, adverse collateral conditions, or other violation of credit terms.

Additional discounts may be applicable for direct payment from any bank account or Raymond James & Associates brokerage account.

Raymond James & Associates, Inc. and Raymond James Financial Services, Inc. are affiliated with Raymond James Bank, N.A. Unless otherwise specified, products purchased from or held at Raymond James & Associates or Raymond James Financial Services are not insured by the FDIC, are not deposits or other obligations of Raymond James Bank, are not guaranteed by Raymond James Bank and are subject to investment risks, including possible loss of the principal invested.