Deposit Rates

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Rates effective 9/23/2022

Rates Subject to Change Without Notice

 

Certificate of Deposit Specials

Term Interest Rate APY1 Minimum Balance to Open
13 Month CD2 0.75 0.75 $25,000
15 Month CD4 2.23 2.25 $10,000
21 Month CD3 1.49 1.50 $100,000
13 Month IRA CD2 0.75 0.75 $25,000
15 Month IRA CD4 2.23 2.25 $10,000
21 Month IRA CD3 1.49 1.50 $100,000
     

 $10 minimum balance to earn interest.   Please Note: Fees could reduce earnings on these accounts. With fixed-rate term accounts, rates are guaranteed for length of term.   Early withdrawal penalties may be imposed for withdrawals from certificates of deposit before maturity.

1 Annual Percentage Yield

2 Accounts will renew to a 12 month certificate of deposit at the then current rate

3 Accounts will renew to an 18 month certificate of deposit at the then current rate

4 15-month certificate of deposit special includes IRAs. APY = Annual Percentage Yield. Requires a $10,000 opening balance. Balances above $10,000 earn 2.25% APY effective 8/17/2022. For early withdrawal, the fee we may impose will equal all interest that could have been earned for the remainder of the terms. This could result in loss of principal. Accounts will renew to a 12-month certificate of deposit at the then current rate. Fees may reduce earnings.

 

Certificates of Deposit

Term Interest Rate APY* Minimum Balance to Open
3 Month CD 0.15 0.15 $500
6 Month CD 0.25 0.25 $500
9 Month CD 0.35 0.35 $500
1 Year CD 0.40 0.40 $500
18 Month CD 0.50 0.50 $500
2 Year CD 0.50 0.50 $500
3 Year CD 0.50 0.50 $500
5 Year CD 0.50 0.50 $500
Save$um CD 0.50 0.50 $250

*Annual Percentage Yield

$10 minimum balance to earn interest.

Please Note: Fees could reduce earnings on these accounts. With fixed-rate term accounts, rates are guaranteed for length of term. 

Early withdrawal penalties may be imposed for withdrawals from certificates of deposit before maturity.

IRAs

Term Interest Rate APY* Minimum Balance to Open
6 Month IRA 0.25 0.25 $500
9 Month IRA 0.35 0.35 $500
1 Year IRA 0.40 0.40 $500
18 Month IRA 0.50 0.50 $500
2 Year IRA 0.50 0.50 $500
3 Year IRA 0.50 0.50 $500
5 Year IRA 0.50 0.50 $500

*Annual Percentage Yield

$10 minimum balance to earn interest.

Please Note: Fees could reduce earnings on these accounts. With fixed-rate term accounts, rates are guaranteed for length of term. 

Early withdrawal penalties may be imposed for withdrawals from IRA certificates of deposit before maturity.

Savings & Money Market

 Type Interest Rate APY* Minimum Balance to Earn APY*
Transactional Statement Savings 0.01 0.01 $10
Club Savings 0.01 0.01 $10
Passbook Savings 0.01 0.01 $10
IRA Statement Savings 0.01 0.01 $10
Solutions Money Market**(Tier 1) 0.75 0.75 $10 - $99,999.99 (Variable Rate)
Solutions Money Market**(Tier 2) 1.50 1.50 $100,000 or more (Variable Rate)
Xtreme Money Market**(Tier 1) 0.05 0.05 $10 - $2,499.99 (Variable Rate)
Xtreme Money Market**(Tier 2) 0.10 0.10 $2,500 - $49,999.99 (Variable Rate)
Xtreme Money Market**(Tier 3) 0.15 0.15 $50,000 or more (Variable Rate)

*Annual Percentage Yield
**You must deposit $2,500.00 to open this account

Please Note: Fees could reduce earnings on these accounts. Rates on variable rate accounts may change after the account is opened.

Checking

 Type Interest Rate APY* Minimum Balance to Earn APY*
Direct Free Interest Checking 0.02 0.02 $10
Fabulous 50 Free Interest Checking 0.02 0.02 $10
Premium Interest Checking (Tier 1) 0.01 0.01 $10 - $2,499.99
Premium Interest Checking (Tier 2) 0.05 0.05 $2,500 or more
18/65 Checking 0.01 0.01 $10

*Annual Percentage Yield

Please Note: Fees could reduce earnings on these accounts. Rates on variable rate accounts may change after the account is opened.

Business Checking & Savings

 Type Interest Rate APY* Minimum Balance to Earn APY*
Business Interest Checking 0.01 0.01 $10
Statement (Tier 1) 0.05 0.05 $10 - $4,999.99
Statement (Tier 2) 0.10 0.10 $5,000 or more
Passbook 0.01 0.01 $10
Business Money Market** (Tier 1) 0.05 0.05 $10 - $2,499.99 (Variable Rate)
Business Money Market** (Tier 2) 0.10 0.10 $2,500 or more (Variable Rate)
Xtreme Business Money Market**(Tier 1) 0.05 0.05 $10 - $49,999.99 (Variable Rate)
Xtreme Business Money Market**(Tier 2) 0.10 0.10 $50,000.00 - $99,999.99 (Variable Rate)
Xtreme Business Money Market**(Tier 3) 0.15 0.15 $100,000.00 - $249,999.99 (Variable Rate)
Xtreme Business Money Market**(Tier 4) 0.25 0.25 $250,000.00 or more (Variable Rate)

*Annual Percentage Yield
**You must deposit $2,500.00 to open this account

Please Note: Fees could reduce earnings on these accounts. Rates on variable rate accounts may change after the account is opened.