Current Deposit Rates

Effective February 14, 2018

Rates subject to change without notice

Savings

Account TypeMinimum AmountTo Open and Obtain APYInterest RateAPY**
Passbook Savings$1000.10%0.10%
Statement Savings$1000.10%0.10%
Business Savings$1000.10%0.10%

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 TypeMinimum AmountTo Open and Obtain APYInterest RateAPY**
Premium Checking$1,000*0.05%0.05%
Free Checking $100Non-InterestBearing Account
Free Business Checking $100Non-InterestBearing Account

* No minimum balance required, if a $1,000 balance is maintained in any other deposit account. This is a variable rate account and the interest rate may vary from time to time at our discretion. Fees may reduce earnings.

Money Market Accounts

Account TypeMinimum AmountTo Open and Obtain APYInterest RateAPY**
Money Market Accounts$1,000.05%.05%
Money Market Accounts$10,000.10%.10%
Money Market Accounts$25,000.10%.10%
Premium Money Market Accounts*$75,000.15%.15%
Premium Money Market Accounts*$100,000.20%.20%
Premium Money Market Accounts*$150,000+.30%.30%

Balances below $1,000 will earn Premium Checking account APY of 0.05%. This is a variable rate account and 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 0.05%.  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

IRAs and CDs***Minimum AmountTo Open and Obtain APYInterest RateAPY**
3 Month Certificate$1,000.15%.15%
6 Month Certificate$1,000.30%.30%
12 Month Certificate$1,000.45%.45%
18 Month Certificate$1,000.60%.60%
24 Month Certificate$1,000.75%.75%
3 Year Certificate$1,000.90%.90%
4 Year Certificate$1,0001.00%1.01%
5 Year Certificate$1,0001.25%1.26%

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