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The following information is about Annual Percentage Yield (Apy).

Annual Percentage Yield (Apy) Defined

The effective, or true, annual rate of return. The APY is the rate actually earned or paid in one year, taking into account the effect of compounding. The APY is calculated by taking one plus the periodic rate and raising it to the number of periods in a year. For example, a 1% per month rate has an APY of 12.68% (1.01^12 -1).

This definition is in context to Finance. See more contextual defintions for Annual Percentage Yield (Apy).


Security Savings Bank Announces Nonprofit Account

Published August 14, 2008, 6:43 am, Centre Daily Times

Security Savings Bank (www.BankPlace.com) today unveiled its newest account - the Nonprofit Advantage Certificate of Deposit Account. The Nonprofit Advantage account is specifically targeted to community development-based nonprofit organizations. The annual percentage yield (APY) on this account is set higher than the Bank's normal CD APY and is competitive at the national level. Security ...

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Security Savings Bank Announces Nonprofit Account

Published August 14, 2008, 6:01 am, Business Wire via Yahoo! Finance

HENDERSON, Nev.----Security Savings Bank today unveiled its newest account – the Nonprofit Advantage Certificate of Deposit Account. The Nonprofit Advantage account is specifically targeted to community development-based nonprofit organizations.

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The InvestorSure CD from College Savings Bank is Now Available through the Arizona Family College Savings Program

Published August 13, 2008, 11:36 am, Centre Daily Times

The InvestorSure CD from College Savings Bank is now available through the Arizona Family College Savings Program (AFCSP). Launched on August 1, 2008, the InvestorSure CD is an additional product in the AFCSP that can help families save for the higher education of their children and loved ones through the Arizona 529 Program.

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