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Deposit Rates
Deposit Rates
Effective: January 1, 2019
VARIABLE RATE CHECKING ACCOUNTS
Personal Checking
Accounts
|
Product
|
Minimum Deposit
to open account
|
Minimum Daily Balance
Required to Earn Stated APY
|
Interest
Rate
|
Annual Percentage
Yield (APY)
|
|
Now Checking
|
$750.00
|
$750.00
|
.20%
|
.20%
|
|
Golden Club
|
$100.00
|
$750.00
|
.30%
|
.30%
|
|
Money Market
|
$1000.00
|
$0-$999.99
$1,000.00-$24,999.99
$25,000.00-$99,999.99
$100,000.00 OR MORE
|
-0-
.50%
.75%
1.00%
|
-0-
.50%
.75%
1.00%
|
Business Checking
Accounts
|
Product
|
Minimum Deposit
to Open Account
|
Minimum Daily Balance
Required to Earn Stated APY
|
Interest
Rate
|
Annual PercentageYield (APY)
|
| Money Market |
$1,000.00
|
$0-$999.99
|
-0-
|
-0-
|
|
|
|
$1,000.00-$24,999.99
|
.50%
|
.50%
|
|
|
|
$25,000.00-$99,999.99
|
.75%
|
.75%
|
|
|
|
$100,000.00 OR MORE
|
1.00%
|
1.00%
|
***For variable rate accounts, the rate may change after the account is opened, fees could reduce the earnings on the account.
VARIABLE RATE SAVINGS ACCOUNTS
|
Product
|
Minimum Deposit
to Open Account
|
Minimum Daily Balance
Required to Earn Stated APY
|
Interest
Rate
|
Annual PercentageYield (APY)
|
|
Passbook Savings
|
$100.00
|
$100.00
|
.25%
|
.25%
|
|
Christmas Club
|
$5.00
|
-0-
|
.25%
|
.25%
|
Certificates of Deposit (CD)
|
Product
|
Minimum Deposit
to Open Account
|
Minimum Daily Balance
Required to Earn Stated APY
|
InterestRate
|
Average PercentageYield (APY)
|
|
91 Day Certificate
|
$5,000.00
|
$5,000.00
|
.25%
|
.25%
|
|
91 Day Cert. (JUMBO)
|
$95,000.00
|
$95,000.00
|
.25%
|
.25%
|
|
182 Day Certificate
|
$2,500.00
|
$2,500.00
|
.60%
|
.60%
|
|
182 Day Cert. (JUMBO)
|
$95,000.00
|
$95,000.00
|
.70%
|
.70%
|
|
12 Month Certificate
|
$1,000.00
|
$1,000.00
|
.70%
|
.70%
|
|
12 Month Cert. (JUMBO)
|
$95,000.00
|
$95,000.00
|
.80%
|
.80%
|
|
18 Month Certificate
|
$1,000.00
|
$1,000.00
|
.75%
|
.75%
|
|
30 Month Certificate
|
$1,000.00
|
$1,000.00
|
.90%
|
.90%
|
|
36 Month Certificate
|
$1,000.00
|
$1,000.00
|
1.00%
|
1.00%
|
|
60 Month Certificate
|
$1,000.00
|
$1,000.00
|
2.40%
|
2.43%
|
|
IRA Certificate
|
$200.00
|
$200.00
|
.75%
|
.75%
|
SPECIAL RATES: MIN. DEPOSIT MIN. BALANCE INTEREST RATE APY
27 Month Certificate $1,000.00 $1,000.00 2.80% 2.83%
***Substantial penalty for early withdrawl.
***Monthly interest checks are available for CDs of $25,000 AND OVER.
***Monthly compounding is available for CDs OF $95,000 AND OVER.
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