Current Rates
EFFECTIVE as of November 3, 2023
Rates Subject to Change Without Notice.
INTEREST RATE & ANNUAL PERCENTAGE YIELD (APY) TABLE
Checking
| Interest Rate | Monthly APY | |
|---|---|---|
| Interest N.O.W. TIER 1 | 0.02% | 0.02% |
| Interest N.O.W TIER 2 (min. bal. $2,000) | 0.03% | 0.03% |
| Money Market Deposit Account < $100,000 | 0.03% | 0.03% |
| Money Market Deposit Account ≥ $100,000 | 0.05% | 0.05% |
Savings
| Interest Rate | Monthly APY | Quarterly APY | |
|---|---|---|---|
| Passbook Savings Account | 0.01% | *** | 0.02% |
| Statement Savings Account | 0.01% | 0.01% | *** |
| Christmas Club Account | 0.01%APY | *** | *** |
| Health Savings Account | 0.10% | 0.10% | *** |
Certificates of Deposit
| ACCOUNT TERM | Interest Rate | Monthly APY | Quarterly APY |
|---|---|---|---|
| 7- 31 Day Certificate ($2,500 min. deposit) | 0.10% | 0.10% | *** |
| 32 Day Certificate | 0.10% | 0.10% | *** |
| 3 - 5 Month Certificate | 0.10% | 0.10% | 0.10% |
| 6 - 11 Month Certificate | 0.15% | 0.15% | 0.15% |
| 12 - 17 Month Certificate | 0.20% | 0.20% | 0.20% |
| 18 - 23 Month Certificate | 0.20% | 0.20% | 0.20% |
| 24 - 29 Month Certificate | 0.25% | 0.25% | 0.25% |
| 30 - 35 Month Certificate | 0.25% | 0.25% | 0.25% |
| 36 - 47 Month Certificate | 0.45% | 0.45% | 0.45% |
| 48 - 59 Month Certificate | 0.65% | 0.65% | 0.65% |
| 60 Month Certificate | 0.70% | 0.70% | 0.70% |
CD Specials
5.05% APY – 8 Months
Interest rate of 4.94%. $1,000.00 minimum deposit required. Penalty for early withdrawal. Rates effective November 3, 2023. Subject to change at discretion of the bank. Annual Percentage Yield (APY) is based on $10,000.00 and assumes interest compounded monthly will remain on deposit until maturity.
4.51% APY – 14 Months
Interest rate of 4.44%. $1,000.00 minimum deposit required. Penalty for early withdrawal. Rates effective November 3, 2023. Subject to change at discretion of the bank. Annual Percentage Yield (APY) is based on $10,000.00 and assumes interest compounded monthly will remain on deposit until maturity.
Individual Retirement Account
| Interest Rate | Quarterly APY | |
|---|---|---|
| IRA Variable Certificate Rate | 0.70% | 0.70% |
| Variable Guaranteed Minimum Rate 2024 Calendar Year | 0.50% | 0.50% |
| IRA Self-Directed Rate | 0.50% | 0.50% |
The annual percentage yield is based on $10,000.00 and assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. (IF TERM IS DIFFERENT THAN ABOVE, NEED TO CALCULATE APY BASED ON TERM) Interest rates may change without notice. Maintenance or activity fees may reduce earnings on checking or savings. Verify our current rates by calling any of our offices during normal business hours.
A SUBSTANTIAL INTEREST PENALTY WILL BE ASSESSED FOR EARLY WITHDRAWAL.
ALL DEPOSITS ARE INSURED TO $250,000 BY THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC).