Deposit Interest Rates
Updated weekly on Thursdays or if rates change
Rates effective as of 11/28/08
|
Account type
|
Minimum
Opening Deposit |
Interest
Rate |
Annual
Percentage Yield |
|
Certificates of Deposit or IRAs
|
|||
| 91-Day | $2,500 | 1.74% | 1.75% |
| Six-Month | $500 | 1.98% | 2.00% |
| Nine-Month - Special | $2,500 | 2.23% | 2.25% |
| One-Year | $500 | 2.23% | 2.25% |
| 15-month - Special | $2,500 | 2.72% | 2.75% |
| 18-Month | $500 | 2.32% | 2.34% |
| 18-Month Variable IRA | $100 | 1.98% | 2.00% |
| Two-Year | $500 | 2.47% | 2.50% |
| 25-month - Special | $2,500 | 2.72% | 2.75% |
| Three-Year | $500 | 2.72% | 2.75% |
| 38-month - Special | $2,500 | 3.21% | 3.26% |
| 59-month - Special | $2,500 | 3.44% | 3.49% |
| Five-Year | $500 | 3.21% | 3.26% |
|
Money Market Accounts
|
$1,000 | ||
| Balance from $.01-$499.99 | 0.05% | 0.05% | |
| Balance from $500.00-$999.99 | 0.05% | 0.05% | |
| Balance from $1,000.00-$9,999.99 | 0.50% | 0.50% | |
| Balance from $10,000.00-$49,999.99 | 1.00% | 1.00% | |
| Balance from $50,000.00-$99,999.99 | 1.24% | 1.25% | |
| Balance $100,000 and higher | 1.49% | 1.50% | |
|
NOW Accounts
|
|||
| $0.01-499.99 |
$50
|
0.05% | 0.05% |
| $500 and higher |
$50
|
0.10% | 0.10% |
| Statement Savings | $5 | 0.75% | 0.75% |
| 12-Month Certificate of Deposit | $100 | 2.23% | 2.25% |
|
Club Accounts
|
|||
| Christmas Club | $1 | .50% | .50% |
|
Statement Savings
|
$50
|
||
| Balance from $.01-$49.99 | 0.05% | 0.05% | |
| Balance from $50.00-$999.99 | 0.10% | 0.10% | |
| Balance from $1,000.00-$49,999.99 | 0.35% | 0.35% | |
| Balance $50,000 and higher | 075% | 0.75% |
- Statement Savings, NOW and Money Market Accounts all earn interest at a variable rate. The interest rate and annual percentage yield may change at any time at our discretion.
- A penalty may be imposed for early withdrawal on CDs and IRAs.
- Annual Percentage Yields are current as of posting.
- CDs are also available as IRAs, with the exception of the 91-day, six-month and nine-month CDs.
- Fees could reduce the earnings on the account.
- Stated minimum opening deposit is required to obtain APY