Our deposit rates
Rates are effective as of November 8, 2022, and are subject to change without notice.
Certificates of Deposit (CDs)
| Term | Min. Opening Deposit | Interest Rate | Annual Percentage Yield |
|---|---|---|---|
| 30 Days | $5,000.00 | 0.30% | 0.30% |
| 3 Months | $5,000.00 | 0.35% | 0.35% |
| 6 Months | $5,000.00 | 0.40% | 0.40% |
| 12 Months | $5,000.00 | 0.46% | 0.46% |
| 18 Months | $5,000.00 | 0.51% | 0.51% |
| 24 Months | $5,000.00 | 0.56% | 0.56% |
| 36 Months | $5,000.00 | 0.61% | 0.61% |
| 48 Months | $5,000.00 | 0.66% | 0.66% |
| 60 Months | $5,000.00 | 0.71% | 0.71% |
| 15 Month Special | $10,000.00 | 1.25% | 1.25% |
| 31 Month Special | $10,000.00 | 1.25% | 1.26% |
Fees could reduce earnings on the account. Penalties may be applied for early withdrawal.
Preferred CD rates may be available when total current balances of deposits and/or in-house loans meets or exceeds specified levels at time CD is opened or renegotiated (may not be available on all specials). Contact us for more details.
Individual Retirement Accounts (IRAs)
| Term | Min. Opening Deposit | Interest Rate | Annual Percentage Yield |
|---|---|---|---|
| 18 Month Variable Rate IRA - 0.25% Floor* | $500.00 | 3.63% | 3.68% |
| 12 Months (Fixed Rate)** | $500.00 | 0.46% | 0.46% |
| 30 Months (Fixed Rate)** | $500.00 | 0.56% | 0.56% |
| 48 Months (Fixed Rate)** | $500.00 | 0.66% | 0.66% |
| 60 Months (Fixed Rate)** | $500.00 | 0.71% | 0.71% |
Fees could reduce earnings on the account. Penalties may be applied for early withdrawal.
*The 18 Month Variable Rate IRA rate and APY may change after the account is opened on the first Tuesday of each month.
**Preferred rates may be available on Fixed Rate IRA CDs when total current balances of deposits and/or in-house loans meets or exceeds specified levels at the time the IRA CD is opened or renegotiated. Contact us for more details.
Checking Accounts
| Product/Interest Rate Tier | Min. Opening Deposit | Min. Balance to Obtain APY | Interest Rate | Annual Percentage Yield |
|---|---|---|---|---|
| Interest Checking | $50.00 | $0.01 | 0.01% | 0.01% |
| 50+ Interest Checking | $50.00 | $0.01 | 0.01% | 0.01% |
| Top Tier Checking Tier 1 |
$50.00 | $0.01 – $1,499.99 | 0.01% | 0.01% |
| Top Tier Checking Tier 2 |
$50.00 | $1,500.00 + | 0.02% | 0.02% |
| Business Interest Checking Tier 1 |
$50.00 | $0.01 – $4,999.99 | 0.01% | 0.01% |
| Business Interest Checking Tier 2 |
$50.00 | $5,000.00 + | 0.02% | 0.02% |
Fees could reduce earnings on the account. Your interest rate and APY may change at any time after the account is opened.
Money Market Account
| Interest Rate Tier | Min. Opening Deposit | Min. Balance to Obtain APY | Interest Rate | Annual Percentage Yield |
|---|---|---|---|---|
| Tier 1 | $5,000.00 | $0.01 – $9,999.99 | 0.01% | 0.01% |
| Tier 2 | $5,000.00 | $10,000.00 – $24,999.99 | 0.05% | 0.05% |
| Tier 3 | $5,000.00 | $25,000.00 – $49,999.99 | 0.05% | 0.05% |
| Tier 4 | $5,000.00 | $50,000.00 + | 0.15% | 0.15% |
Fees could reduce earnings on the account. Your interest rate and APY may change at any time after the account is opened.
Savings Accounts
| Product | Min. Opening Deposit | Min. Balance to Obtain APY | Interest Rate | Annual Percentage Yield |
|---|---|---|---|---|
| Regular Savings | $100.00 | $200.00 | 0.02% | 0.02% |
| Youth Savings | $25.00 | $0.01 | 0.02% | 0.02% |
| Christmas Club Savings* | $5.00 | $0.01 | 0.02% | 0.02% |
| Business Savings | $100.00 | $200.00 | 0.02% | 0.02% |
Fees could reduce earnings on the account. Your interest rate and APY may change at any time after the account is opened.
*Penalties may be applied for early withdrawal.
Health Savings Account
| Interest Rate Tier | Min. Opening Deposit | Min. Balance to Obtain APY | Interest Rate | Annual Percentage Yield |
|---|---|---|---|---|
| Tier 1 | $100.00 | $0.01 – $4,999.99 | 0.01% | 0.01% |
| Tier 2 | $100.00 | $5,000.00 – $9,999.99 | 0.01% | 0.01% |
| Tier 3 | $100.00 | $10,000.00 – $24,999.99 | 0.02% | 0.02% |
| Tier 4 | $100.00 | $25,000.00 + | 0.02% | 0.02% |
Your interest rate and APY may change at any time after the account is opened.