CURRENT DEPOSIT RATES

Effective October 15, 2019
Rates subject to change without notice

SAVINGS

Account Type Minimum Amount
To Open and Obtain APY
Interest Rate APY**
Passbook Savings $100 0.25% 0.25%
Statement Savings $100 0.25% 0.25%
Business Savings $100 0.25% 0.25%

**This is a variable rate account and the interest rate may vary from time to time at our discretion. Fees may reduce earnings.

CHECKING

Account Type Minimum Amount
To Open and Obtain APY
Interest Rate APY**
Premium Checking $1,000 0.10% 0.10%
Free Checking $100 Non-Interest Bearing Account
Premium Business Checking $100 Non-Interest Bearing Account
Free Business Checking $100 Non-Interest Bearing Account

MONEY MARKET ACCOUNTS

Account Type Minimum Amount
To Open and Obtain APY
Interest Rate APY**
Money Market Accounts $1,000 .20% .20%
$10,000 .30% .30%
$25,000 .50% .50%
Premium Money Market Accounts $75,000 .75% .75%
$100,000 1.00% 1.00%
$150,000+ 1.50% 1.51%

The Money Market account is a tiered, variable rate account. Balances below $1,000 will earn the Premium Checking account APY of 0.10%.  The interest rate may vary from time to time at our discretion.  Fees may reduce earnings. All transfers checks, drafts or similar orders to third parties are limited to six per statement month.

*Balances below $75,000 will earn Premium Checking account APY of 0.10%.  This a variable rate account and the interest rate may vary from time to time at our discretion.  All transfers checks, drafts or similar orders to third parties are limited to six per statement month.  A maintenance fee of $25.00 will be assessed if the balance in your account falls below $75,000 on any day of the statement cycle.

IRA’S AND CD’S

Account Type Minimum Amount
To Open and Obtain APY
Interest Rate APY**
3 Month Certificate $1,000 .50% .50%
6 Month Certificate $1,000 1.00% 1.00%
12 Month Certificate $1,000 1.35% 1.35%
18 Month Certificate $1,000 1.65% 1.66%
24 Month Certificate $1,000 1.85% 1.86%
3 Year Certificate $1,000 2.00% 2.02%
4 Year Certificate $1,000 2.15% 2.17%
5 Year Certificate $1,000 2.25% 2.27%

FDIC Insured
**  APY = Annual Percentage Yield
*** A penalty will be imposed for early withdrawal