Deposit Rates

Effective Date: May 31, 2023

Savings and Checking Rates

Account Type

Interest Rate

APY*

Passbook

0.02%

0.02%

Super Passbook

0.05%

0.05%

Statement Savings

   
Tier 1: $0.00 to $2500.00  0.05% 0.05%
Tier 2: $2500.01 to $20,000.00  0.20% 0.20%
Tier 3: $20,000.01 to $50,000.00  0.30% 0.30%
Tier 4: $50,000.01 to $75,000.00  2.00% 2.00%
Tier 5: $75,000.01 and above 2.55% 2.55%

Checking

0.02%

0.02%

Christmas Club

0.02%

0.02%

*APY = Annual Percentage Yield. Annual Percentage Yield assumes interest is accumulated to account balance.

The interest rate may change after the account is opened.

See Deposit Products to find the minimum requirements to earn the disclosed interest rates and for the minimum amounts required to open the different types of accounts.

Certificate of Deposit Rates

 

Effective Date: May 31, 2023

Certificates of Deposit (CD's) & IRA Accounts

Term

Interest Rate

APY

3 Month

5.06%

5.16%

6 Month

 

3.90%

3.96%

6 Month*

(Special Term- $5000.00 Minimum **Tiered Rate)

*Renews for 12 Month Term

4.37-5.15%

4.44-5.25%

 12 Month

1.10%

1.10%

18 Month

1.50%

1.51%

21 Month (Renewals Only)

0.15%

0.15% 

24 Month

1.65%

1.66%

30 Month

1.65%

1.66%

36 Month

1.75%

1.76%

42 Month (Renewals Only)

0.15%

0.15%

48 Month

1.80%

1.81%

60 Month 

(One Time Rate Increase Available)

2.70%

2.73%

 

   

**6 Month Certificate of Deposit Tiered Rates:

Tier 1: $5000-$10,000 earns 4.37%, APY of 4.44%         

Tier 2: $10,001-$25,000 earns 4.86%, APY of 4.95%       

Tier 3: $25,001-$50,000 earns 5.00%, APY of 5.09%     

Tier 4: $50,001 and above earns 5.15%, APY of 5.25%

ADD TO YOUR 6 MONTH CD AT ANY TIME IN INCREMENTS OF $1,000 OR MORE TO INCREASE YOUR RATE.

 

 

 

 

 

*APY = Annual Percentage Yield. Annual Percentage Yield assumes all principal and interest remain on deposit for the entire term.

   

A penalty may be imposed for early withdrawal.

   

See Deposit Products to find the minimum requirements to earn the disclosed interest rates and for the minimum amounts required to open the different types of accounts.