CDs, IRAs, Checking, and Money Market Accounts
Interest Rates
(Effective as of February 2025)
Term
Minimum Balance
Annual Percentage Yield (APY)
Interest Rate
91 Days CD
$1,000
1.21%
1.20%
182 Days CD
$1,000
1.31%
1.30%
7 Months SPECIAL
$5,000
4.39%
4.35%
12 Months CD
$1,000
1.41%
1.40%
13 Months SPECIAL
$5,000
4.30%
4.25%
18 Months CD
$1,000
1.41%
1.40%
24 Months CD
$1,000
1.76%
1.75%
25 Months SPECIAL
$5,000
3.80%
3.75%
30 Months CD
$1,000
2.02%
2.00%
36 Months CD
$1,000
2.02%
2.00%
48 Months CD
$1,000
2.27%
2.25%
60 Months CD
$1,000
2.52%
2.50%
IRA CDs – Same rates as 12 – 60 Month CDs
Passbook Savings
$50 to open
0.25%
0.25%
Interest compounded quarterly on CDs, IRA CDs and Passbook Savings
NOW Accounts
$1,000
0.25%
0.25%
REWARDS Checking
$1,000 – $50,000
$50,000+
2.27%
0.50%
2.25%
Money Market Accounts
$2,500 – $9,999
0.25%
0.25%
Money Market Accounts
$10,000 – $24,999
0.25%
0.25%
Money Market Accounts
$25,000 – $49,999
0.35%
0.35%
Money Market Accounts
$50,000+
0.45%
0.45%
Interest compounded monthly on NOW, Money Market and REWARD Checking accounts
Effect of closing account:
If you close your account before interest is credited, you will not receive the accrued interest.
CD Transaction limitations:
You may not make any deposits into your account before maturity. You may make withdrawals of principal from your account before maturity only if we agree at the time you request the withdrawal. You can only withdraw interest credited in the term before maturity of that term without penalty. You can withdraw interest only on the crediting dates.
CD Early withdrawal penalties: (a penalty may be imposed for withdrawals before maturity)
If your account has an original maturity of less than one year:
* The fee we may impose will equal three (3) months’ interest on the amount withdrawn subject to penalty.
If your account has an original maturity of 1 year to 23 months:
* The fee we may impose will equal six (6) months’ interest on the amount withdrawn subject to penalty.
If your account has an original maturity of 24 to 35 months:
* The fee we may impose will equal nine (9) months’ interest on the amount withdrawn subject to penalty.
If your account has an original maturity of 36 to 59 months:
* The fee we may impose will equal twelve (12) months’ interest on the amount withdrawn subject to penalty.
If your account has an original maturity of 60 months or greater:
* The fee we may impose will equal eighteen (18) months’ interest on the amount withdrawn subject to penalty.
In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty.
Passbook Savings Accounts:
If during any quarter, your average daily balance falls below $50.00, your account will be subject to a $1.25 Service Fee for that quarter.
REWARDS Checking:
Minimum deposit of $1,000.00 to open the account. Must maintain an average daily balance greater than $1,000 during qualification cycle. Must conduct a minimum of 10 Debit Card transactions (excluding ATM transactions) during qualification cycle. Must be enrolled to receive e-Statements. Must receive at least one direct deposit or ACH deposit each month. Must log in to your Internet Banking at least once during the qualification cycle. You will receive 1.00% APY on balances of $50,000.01 and above. Nationwide ATM fee refunds (up to $20.00 per month). There will be no charge for using our Internet Banking Bill-Pay Service. If there is a month that you don’t meet the qualifications, don’t worry, there’s no penalty and you still have a FREE checking account that earns a base interest.
Rates subject to change without notice