Colonial National Bank Interest Rates (Updated 5.10.08)

Schedule of interest rates released by Colonial National Bank are as follows:

• Business Banking Base Rate – 9.20%;
• Residential Property Loan : Variable Rate – 9.50%, 1 Year Fixed Rate – 7.50%;
• Investment Loan : Variable Rate – 9.50%, 1 Year Fixed Rate – 7.50%;
• Retail Term Deposits: 9 months - 2.25%, 1 year - 2.50%, 1.5 Years - 2.50%, 2 Years - 3.00%, 3 Years - 3.00%.

Interest rates are on a per annum basis and may be varied by the bank without prior notice.