Rates
Annual Percentage Yield (APY) Effective March 30, 2023.
In-House Specials - Certificates of Deposit
| Term
|
Minimum Deposit to Open Account*
|
Interest Rate
|
Annual Percentage Yield (APY)*
|
| 7 month
|
$5,000
|
4.10%
|
4.16%
|
| 13 month
|
$5,000
|
4.30%
|
4.37%
|
| 22 month
|
$5,000
|
4.50%
|
4.58%
|
Certificates of Deposit (CDs)
| Term
|
Minimum Deposit to Open Account*
|
Interest Rate
|
Annual Percentage Yield (APY)*
|
| 30 Day
|
$2,500
|
0.05%
|
0.05%
|
| 91 Day
|
$2,500
|
0.05%
|
0.05%
|
| 6 Month
|
$2,500
|
0.15%
|
0.15%
|
| 12 Month
|
$1,000
|
0.25%
|
0.25%
|
| 18 Month
|
$1,000
|
0.30%
|
0.30%
|
| 24 Month
|
$1,000
|
0.50%
|
0.50%
|
| 30 Month
|
$1,000
|
0.75%
|
0.75%
|
| 36 Month
|
$1,000
|
1.25%
|
1.26%
|
| 42 Month
|
$1,000
|
1.50%
|
1.51%
|
| 48 Month
|
$1,000
|
1.75%
|
1.76%
|
| 60 Month
|
$1,000
|
2.00%
|
2.02%
|
| Growing Tree 24 Month**
|
$100
|
0.50%
|
0.50%
|
Individual Retirement Accounts (IRAs)
| Term
|
Minimum Deposit to Open Account*
|
Interest Rate
|
Annual Percentage Yield (APY)*
|
| 12 Month
|
$2,500
|
0.25%
|
0.25%
|
| 18 Month
|
$2,500
|
0.30%
|
0.30%
|
| 24 Month
|
$2,500
|
0.50%
|
0.50%
|
| 30 Month
|
$2,500
|
0.75%
|
0.75%
|
| 36 Month
|
$2,500
|
1.25%
|
1.26%
|
| 42 Month
|
$2,500
|
1.50%
|
1.51%
|
Interest on CDs and IRAs accrues daily and is compounded quarterly.
* The minimum to open is the minimum balance to obtain the APY.
** Additional deposits can be made anytime in increments of $25.
A penalty may be imposed for early withdrawal. Call or visit a Customer Service Representative for more details.
Money Market Deposit Account (MMDA)*
Minimum Deposit to Open Account $2,500
| Tier
|
Amount
|
Rate
|
APY
|
| 1
|
$1,000 - $2,499.99
|
0.02%
|
0.02%
|
| 2
|
$2,500 - $19,999.99
|
0.02%
|
0.02%
|
| 3
|
$20,000 - $49,999.99
|
0.05%
|
0.05%
|
| 4
|
$50,000 and over
|
0.10%
|
0.10%
|
$1,000 minimum to earn interest. Interest accrues daily and is compounded monthly.
NOW Accounts*
|
|
Minimum Deposit to Open Account
|
Rate
|
APY
|
| NOW
|
$500
|
0.01%
|
0.01%
|
| Safekeeping NOW
|
$500
|
0.01%
|
0.01%
|
$1,000 minimum to earn interest. Interest accrues daily and is compounded monthly.
Savings Accounts*
|
|
Minimum Deposit to Open Account
|
Rate
|
APY
|
| Statement Savings
|
$100
|
0.05%
|
0.05%
|
| Christmas Club
|
$5
|
0.05%
|
0.05%
|
$250 minimum for Statement Savings to earn interest. Interest accrues daily and is compounded quarterly.
$5 minimum for Christmas Club to earn interest. Interest accrues daily and compounded annually.
* The interest rate varies and may change after the account is opened.
* Fees could reduce the earnings on an account.