CDs, IRAs, Checking, and Money Market Accounts
| Term | Minimum Balance | Annual Percentage Yield (APY) | Interest Rate |
| 91 Days | $1,000 | 0.25% | 0.25% |
| 182 Days | $1,000 | 0.35% | 0.35% |
| 12 Months | $1,000 | 0.55% | 0.55% |
| 18 Months | $1,000 | 1.15% | 1.15% |
| 24 Months | $1,000 | 1.26% | 1.25% |
| 30 Months | $1,000 | 1.36% | 1.35% |
| 36 Months | $1,000 | 1.56% | 1.55% |
| 48 Months | $1,000 | 1.76% | 1.75% |
| 60 Months | $1,000 | 2.17% | 2.15% |
| IRAs | Same rates as our CD Rates | ||
| Passbook Savings | $50 to open account | 0.25% | 0.25% |
| Interest compounded quarterly on CDs, IRAs and Passbook Savings | |||
| NOW Account | $1,000 | 0.25% | 0.25% |
| REWARDS Checking | $1,000 – $50,000 $50,001+ | 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 REWARDS 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The fee we may impose will equal three (3) months’ interest on the amount withdrawn subject to penalty.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The fee we may impose will equal six (6) months’ interest on the amount withdrawn subject to penalty.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The fee we may impose will equal nine (9) months’ interest on the amount withdrawn subject to penalty.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The fee we may impose will equal twelve (12) months’ interest on the amount withdrawn subject to penalty.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The fee we may impose will equal eighteen (18) months’ interest on the amount withdrawn subject to penalty.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: 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.
Rates subject to change without notice