Main

Rates

Effective June 11th, 2024


 

Time Deposits & IRAs

Type

Annual Percentage Yield (APY)

Interest Rate

Compounding

 

  91 Day CD/IRA
 
 0.10% 0.10%  Simple P,T
182 Day CD/IRA 
 
0.20% 0.20% Simple P,T
11 Month CD/IRA
 
3.34% 3.29% Daily P,T
1 Year CD/IRA 
 
4.59% 4.49% Daily P,T
 15 Month CD/IRA
 
4.19% 4.11% Daily P,T
 60 Month CD/IRA 2.43% 2.40% Daily  P,T
 
18 Month IRA (Variable Rate) 0.65%
 
0.65% Daily P,T

Minimum Deposit to Open Account unless otherwise stated

$1,000


Now and Savings Accounts

Type

Minimum Balance to Open Account

Annual Percentage Yield

Interest Rate

Compounding

 

Personal NOW

$750

0.25%

0.25%

Daily

V,F

Non-Personal NOW

$1,000

0.25%

0.25%

Daily

V,F

Savings

$50

0.10%

0.10%

Daily

V,F


Super NOW Accounts

Minimum Balance to Obtain the Stated APY

Minimum Balance to Open Account

Annual Percentage Yield

Interest Rate

Compounding

 

Balance of $2,500 or more

$2,500

0.25%

0.25%

Monthly

V,F

Balance less than $2,500

$2,500

0.00%

0.00%

Monthly

V,F


Money Market Accounts

Minimum Balance to Obtain the Stated APY

Minimum Balance to Open Account

Annual Percentage Yield

Interest Rate

Compounding

 

Balance of $2,500 or more

$2,500

0.30%

0.30%

Monthly

V,F

Balance less than $2,500

$2,500

0.00%

0.00%

Monthly

V,F


High Yield Money Market Accounts

 

Minimum Balance to Obtain the Stated APY

Annual Percentage Yield

Interest Rate

Compounding

 

Balance of $0 to $24,999.99

0.30%

0.30%

Monthly

V,F

Balance of $25,000 to $99,999.99

0.50%

0.50%

Monthly

V,F

Balance of $100,000 to $249,999.99

1.00%

1.00%

Monthly

V,F

Balance of $250,000 or more

1.16%

1.15%

Monthly

V,F

Minimum Balance to Open Account

$25,000


Platinum Money Market Accounts

 

Minimum Balance to Obtain the Stated APY

Annual Percentage Yield

Interest Rate

Compounding

 

Balance of $0 to $249,999.99

0.50%

0.50%

Monthly

V,F

Balance of $250,000 to $499,999.99

1.00%

1.00%

Monthly

V,F

Balance of $500,000 to $749,999.99

1.87%

1.85%

Monthly

V,F

Balance of $750,000 or more

2.27%

2.25%

Monthly

V,F

Minimum Balance to Open Account

$500,000

 

Codes:

 

P -

Penalty for early withdrawal

V -

Rate may change after account is opened

F -

Fees may reduce earnings

T -

Fixed Rate for the term

 

Loan Rates –
Please Contact Us for loan rates.

 

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Spring Valley City Bank!