Deposit Rates
DEPOSIT INTEREST RATES
Rates effective as of February 1, 2021
CDs & IRAs*
| Interest Rate | Annual Percentage Yield (APY) | Minimum Deposit to Open | Minimum Balance to Obtain APY | |
|---|---|---|---|---|
| Start Small CD - 6 months | 0.10% | 0.10% | $25 | $25 |
| 91 days | 0.07% | 0.07 % | $500 | $500 |
| 182 days | 0.10% | 0.10% | $500 | $500 |
| 9 months | 0.15% | 0.15 % | $500 | $500 |
| 1 year | 0.20% | 0.20% | $500 | $500 |
| 15 months | 0.30% | 0.30% | $500 | $500 |
| 2 year | 0.35% | 0.35% | $500 | $500 |
| 3 year | 0.45% | 0.45% | $500 | $500 |
| 4 year | 0.50% | 0.50% | $500 | $500 |
| 5 year | 0.60% | 0.60% | $500 | $500 |
| 3-Year "Options" | 0.40% | 0.40% | $1,000 | $1,000 |
*A penalty may be imposed for early withdrawal from a CD or IRA CD. IRA accounts require $100 minimum opening deposit. You must maintain a minimum of $100 in the account each day to obtain the disclosed APY.
Savings
| Interest Rate | Annual Percentage Yield (APY) | Minimum Deposit to Open | Minimum Balance to Obtain APY | |
|---|---|---|---|---|
| Statement Savings | 0.03% | 0.03% | $50 | $100 |
| Pay Yourself First (PYF) Savings | 0.10% | 0.10% | $100 | $0.01 |
| Holiday Club Savings | 0.20% | 0.20% | $20 | $100 |
| Property Tax Club Savings | 0.20% | 0.20% | $20 | $0.01 |
|
Smart Savings $0-$999 $1000+ |
0.01% 0.10% |
0.01% 0.10% |
$1,000 $1,000 |
$0.01 $1,000 |
|
Health Savings $0-$499 $500+ |
0.00% 0.05% |
0.00% 0.05% |
$200 $200 |
$0 $500 |
Money Market Accounts
| Interest Rate | Annual Percentage Yield (APY) | Minimum Deposit to Open | Minimum Balance to Obtain APY | |
|---|---|---|---|---|
|
Money Market $0 - $2,499 $2,500-$9,999 $10,000-$49,999 $50,000+ |
0.03% 0.05% 0.15% 0.20% |
0.03% 0.5% 0.15% 0.20% |
$200 |
$0.01 $2,500 $10,000 $50,000 |
|
Money Market Plus and Business Money Market $0-$9,999 $10,000-$34,999 $35,000+ |
0.00% 0.15% 0.20% |
0.00% 0.15% 0.20% |
$10,000 |
$10,000 $35,000 |
|
Asset Builder $0-$49,999 $50,000 |
0.01% 0.25% |
0.01% 0.25% |
$50,000 |
$0.01 $50,000 |
Checking Accounts
| Interest Rate | Annual Percentage Yield (APY) | Minimum Deposit to Open | Minimum Balance to Obtain APY | |
|---|---|---|---|---|
| Interest Checking | 0.03% | 0.03% | $200 | $0.01 |
| Senior Interest Checking | 0.03% | 0.03% | $200 | $0.01 |
| Mortgage Plus Checking | 0.03% | 0.03% | $200 | $0.01 |
|
Business Interest Checking $0-$9,999 $10,000+ |
0.00% 0.03% |
0.00% 0.03% |
$10,000 | $10,000 |
Rates effective as of 1/4/2021. Interest rates are subject to change without notice. Fees may reduce earnings. Complete Interest Payments and Calculations information here.
Government regulations require that we make the following disclosures available to you when you open an account. You may print these disclosures for your files, if you wish. Refer to account disclosure for further details.
Customer Notice: To assist the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.