Rates
Annual Percentage Yield (APY) Effective October 10, 2024.
In-House Specials - Certificates of Deposit
Term |
Minimum Deposit to Open Account* |
Interest Rate |
Annual Percentage Yield (APY)* |
7 month |
$5,000 |
4.45% |
4.53% |
10 month |
$5,000 |
4.20% |
4.27% |
15 month |
$5,000 |
3.90% |
3.96% |
20 month |
$5,000 |
3.60% |
3.65% |
Certificates of Deposit (CDs)
Term |
Minimum Deposit to Open Account* |
Interest Rate |
Annual Percentage Yield (APY)* |
30 day |
$5,000 |
0.05% |
0.05% |
91 day |
$5,000 |
0.05% |
0.05% |
6 month |
$5,000 |
0.15% |
0.15% |
12 month |
$5,000 |
0.25% |
0.25% |
18 month |
$5,000 |
0.30% |
0.30% |
24 month |
$5,000 |
0.50% |
0.50% |
30 month |
$5,000 |
0.75% |
0.75% |
36 month |
$5,000 |
1.25% |
1.26% |
42 month |
$5,000 |
1.50% |
1.51% |
48 month |
$5,000 |
1.75% |
1.76% |
60 month |
$5,000 |
2.00% |
2.02% |
Growing Tree 24 month** |
$100 |
1.50% |
1.51% |
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 accrue 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 Account*
|
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.
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