disclosure - Rates

Rates

Current Deposit Rates

*Annual Percentage Yield (APY) Effective April 2, 2020 – Subject to early withdrawal penalty

Account Type Min. Balance to Obtain Percentage Yield
Interest Rate APY* Interest is Compounded/ Contracted
Basic Checking Account  None  None  None  None
Interest Checking Account $1,000 0.05% 0.05%  Monthly/Monthly
Money Market $1,000-$24,999.99 0.10% 0.10%  Monthly/Monthly
$25,000-$99,999.99 0.15% 0.15%
$100,000 and over 0.20% 0.20%
Money Market Bonus $250,000 and over 0.30% 0.30% Monthly/Monthly
 
SAVINGS
Statement Savings Account
$50.00 0.20% 0.20%  Quarterly/Quarterly
Christmas Club Accounts
$1.00 0.20% 0.20%  Simple/Maturity
CERTIFICATES OF DEPOSIT
7 – 31 Days $25,000 0.05% 0.05%  Simple/Maturity
91 Days $10,000 0.05% 0.05%  Monthly/Monthly
182 Days $500 0.20% 0.20%  Monthly/Monthly
12 Months $500 0.35% 0.35%  Monthly/Monthly
18 Months $500 0.50% 0.50%  Monthly/Monthly
24 Months $500 0.55% 0.55%  Monthly/Monthly
30 Months $500 0.60% 0.60%  Monthly/Monthly
36 Months $500 0.65% 0.65%  Monthly/Monthly
48 Months $500 1.00% 1.00%  Monthly/Monthly
60 Months $500 1.09% 1.10%  Monthly/Monthly
IRA CERTIFICATE ACCOUNTS
12 Month Fixed Rate IRA $100 0.35% 0.35%  Quarterly/Quarterly
18 Month Variable Rate IRA $100 0.50% 0.50%  Quarterly/Quarterly
18 Month Fixed Rate IRA $100 0.50% 0.50%  Quarterly/Quarterly
24 Month Fixed Rate IRA $100 0.55% 0.55%  Quarterly/Quarterly
30 Month Fixed Rate IRA $100 0.60% 0.60%  Quarterly/Quarterly
36 Month Fixed Rate IRA $100 0.65% 0.65%  Quarterly/Quarterly
48 Month Fixed Rate IRA $100 1.00% 1.00%  Quarterly/Quarterly
60 Month Fixed Rate IRA $100 1.09% 1.10%  Quarterly/Quarterly
  • Interest Rates and Annual Percentage Yield are subject to change solely at our discretion.
  • Maintenance or activity fees could reduce earnings on accounts.
  • Current rates will be quoted upon request or at the time of account opening.

Consumer Loan Product Rates

Contact us and ask one of our Loan Specialists for the current rates and terms available.