Current Deposit Interest Rates

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Deposit Interest Rates

Effective as of Nov. 19, 2024 - Certificates of Deposit

Term  Interest Rate APY* Min Deposit to Open Account
91 Days 0.05 0.05 $2,500.00
182 Days   0.10 0.10 $2,500.00
12 Months  0.10 0.10 $300.00
18 Months 0.15 0.15 $300.00
24 Months 0.20 0.20 $300.00
36 Months 0.30 0.30 $300.00
48 Months  0.40 0.40 $300.00
IRA 5-year Certificate of Deposit 0.70 0.70 $300.00
160 Day SPECIAL 4.27 4.34 $1,000.00
9 Month SPECIAL  4.03 4.09 $1,000.00
15 Month SPECIAL 3.74 3.79 $1,000.00
Withdrawal before maturity may be subject to penalty under law and may result in loss of principal to you. *Annual Percentage Yield (APY) based on quarterly compounding. APY assumes interest remains on deposit. APY is determined based on the current rate and minimum deposit required to open an account. Fees and/or withdrawal of interest will reduce earnings. Rates listed are for a limited time and are subject to change at any time without notice. 

 Interest Checking

Account Level  Interest  APY** Min Deposit to Open Account
Tier 1
($0.01 - $24,999.99)
0.02 0.02 $1,000.00
Tier 2
($25,000.00 - $99,999.99)
0.03  0.03  $1,000.00
Tier 3
($100,000.00 & over)
0.03  0.03  $1,000.00

Money Market Account

Account Level Interest Rate  APY** Min Deposit to Open Account
Tier 1
($0.01 - $9,999.99)
0.05 0.05 $2,500.00
Tier 2
($10,000.00 - $24,999.99)
0.10 0.10 $2,500.00
Tier 3
($25,000.00 - $99,999.99)
0.15 0.15 $2,500.00
Tier 4
($100,000.00 - $499,999.99)
0.20 0.20 $2,500.00
Tier 5
($500,000.00 & over)
 0.25  0.25 $2,500.00

Other Deposit Accounts

Account Level Interest Rate  APY** Min Deposit to Open Account
Statement Savings 0.03 0.03 $10.00 (under age 18)
$50.00 (18 and older)
IRA Passbook 0.30  0.30  $50.00
**Annual Percentage Yield (APY) based on monthly compounding. APY assumes interest remains on deposit. APY is determined based on the current rate and minimum deposit required to open an account. Fees and/or withdrawal of interest will reduce earnings. The interest rate and APY are variable and may change.

 

 

You should always consult with your tax advisor before making any decisions. Not FDIC insured, not insured by any government agency, no bank guarantee, may lose value.

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