Rates

Effective November 17, 2020


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
1 Year CD/IRA 

0.30% 0.30% Daily P,T
 15 Month CD/IRA

0.30% 0.30% Daily P,T
 18 Month CD/IRA

0.35% 0.35% Daily P,T
2 Year CD/IRA

0.38% 0.38% Daily  P,T
30 Month CD/IRA 

0.40%  0.40%  Daily P,T
3 Year CD/IRA  0.55%  0.55%  Daily  P,T

 42 Month CD/IRA

0.60% 0.60% Daily  P,T
 60 Month CD/IRA 1.01% 1.00% 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

0.05%

0.05%

Daily

V,F

Non-Personal NOW

$1,000

0.05%

0.05%

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

0.05%

0.05%

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

0.10%

0.10%

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

0.10%

0.10%

Monthly

V,F

Balance of $25,000 to $99,999.99

0.13%

0.13%

Monthly

V,F

Balance of $100,000 to $249,999.99

0.17%

0.17%

Monthly

V,F

Balance of $250,000 or more

0.20%

0.20%

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

0.10%

0.10%

Monthly

V,F

Balance of $250,000 to $499,999.99

0.20%

0.20%

Monthly

V,F

Balance of $500,000 to $749,999.99

0.55%

0.55%

Monthly

V,F

Balance of $750,000 or more

0.80%

0.80%

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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