CURRENT DEPOSIT RATES
Effective September 25, 2023
Rates subject to change without notice
SAVINGS
| Account Type | Minimum Amount To Open and Obtain APY |
Interest Rate (1) | APY (2) |
|---|---|---|---|
| Passbook Savings | $100 | 0.15% | 0.15% |
| Statement Savings | $100 | 0.15% | 0.15% |
| Business Savings | $100 | 0.15% | 0.15% |
(1) This is a variable rate account and the interest rate may vary from time to time at our discretion. Fees may reduce earnings.
(2) Annual Percentage Yield
CHECKING
| Account Type | Minimum Amount To Open and Obtain APY |
Interest Rate | APY (5) |
|---|---|---|---|
| Premium Personal Checking (1) | $100 | 0.05% | 0.05% |
| Premium Business Checking (2) | $100 | Non-Interest | Bearing Account |
| Free Personal Checking (3) | $100 | Non-Interest | Bearing Account |
| Free Business Checking (3) | $100 | Non-Interest | Bearing Account |
| Fresh Start Checking (4) | $25 | Non-Interest | Bearing Account |
(1) The Premium Personal Checking account is a variable rate account and the interest rate may vary from time to time at our discretion. The Premium Personal Checking account has a monthly maintenance fee of $5.95. Monthly maintenance fee waived with direct deposit or combined relationship balance of $1,000. Fees may reduce earnings.
(2) The Premium Business Checking account has a monthly maintenance fee of $15.00 and provides enhanced online banking features, with ACH manager, not included with the Free Business Checking.
(3) The Free Personal Checking and Free Business Checking accounts have no monthly maintenance fees. Overdraft fees, Returned Check, and Stop Payment charges may still apply.
(4) The Fresh Start Checking had a monthly maintenance fee of $7.00. Monthly maintenance fee waived with direct deposit or eStatements.
(5) Annual Percentage Yield
MONEY MARKET ACCOUNTS
| Account Type | Minimum Amount To Open and Obtain APY |
Interest Rate | APY (3) |
|---|---|---|---|
| Money Market account (1) | $1,000 | 0.10% | 0.10% |
| $10,000 | 0.15% | 0.15% | |
| $25,000 | 0.25% | 0.25% | |
| Premium Money Market Account (2) | $75,000 | 0.50% | 0.50% |
| $100,000 | 0.75% | 0.75% | |
| $150,000 | 1.00% | 1.01% |
(1) The Money Market account is a tiered, variable rate account and the interest rate may vary from time to time at our discretion. If your average daily balance is within a tier then your entire balance will earn the correspondent APY. Balances below $1,000 will earn the Premium Personal Checking account APY. Fees may reduce earnings.
(2) The Premium Money Market account is a tiered, variable rate account and the interest rate may vary from time to time at our discretion. If your average daily balance is within a tier then your entire balance will earn the correspondent APY. 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 and balances below $75,000 will earn the Premium Personal Checking account APY. Fees may reduce earnings.
(3) Annual Percentage Yield
Certificates of Deposit and IRAs
| Certificate Terms (1) | Minimum Amount To Open and Obtain APY |
Interest Rate | APY (2) |
|---|---|---|---|
| 3 Month Certificate | $1,000 | .60% | .60% |
| 6 Month Certificate | $1,000 | .75% | .75% |
| 12 Month Certificate | $1,000 | 1.00% | 1.00% |
| 18 Month Certificate | $1,000 | 1.15% | 1.16% |
| 2 year Certificate | $1,000 | 1.25% | 1.26% |
| 3 Year Certificate | $1,000 | 1.35% | 1.36% |
| 4 Year Certificate | $1,000 | 1.45% | 1.46% |
| 5 Year Certificate | $1,000 | 1.55% | 1.56% |
| CD Specials (3) | |||
| 13 Month Certificate | $1,000 | 5.00% | 5.10% |
| 30 Month Certificate | $1,000 | 4.00% | 4.06% |
FDIC Insured
(1) A penalty will be imposed for early withdrawal
(2) Annual Percentage Yield
(3) Not valid for IRA’s. Quarterly Interest
