Interest Rates & Annual Percentage Yields (APY)

CD / IRA Rates ~ Money Market effective November 1, 2020

Account Type Daily Ending Balance Interest Rate APY

Money Market *

$2,500.00 minimum balance to open and maintain to avoid a maintenance fee

$0.01 minimum to earn APY

$0.01 - $2,500.99 0.15% 0.15%
$2,501.00 - $10,000.99 0.25% 0.25%
$10,001.00 - $25,000.99 0.35% 0.35%
$25,001.00 - $50,000.99 0.50% 0.50%
$50,001.99 - $100,000.99 0.60% 0.60%
$100,001.00 - $200,000.99 0.70% 0.70%
$200,001.00 - and over 0.80% 0.80%
Business Money Market $200,001.00 - and over 0.80% 0.80%
Account Type Daily Ending Balance Interest Rate APY

NOW Checking*

$750.00 minimum balance to open and maintain to avoid a maintenance fee.

$0.01 minimum to earn APY 0.10% 0.10%

Business Interest Bearing Checking*

$750.00 minimum balance to open and maintain to avoid a maintenance fee.

$0.01 minimum to earn APY 0.10% 0.10%

Savings Account

$5.00 minimum balance to open

$50.00 minimum to earn APY 0.25% 0.25%

Christmas Club

Maximum $10,000.00
Pays out the first week of October

$0.01 minimum to earn APY 0.35% 0.35%

Vacation Club

Maximum $10,000.00
Pays out the first week of April

$0.01 minimum to earn APY 0.75% 0.75%
Account Type Daily Ending Balance Interest Rate APY

Health Savings Account (HSA)

$50.00 minimum balance to open

$0.01 - $1,000.99 0.25% 0.25%
$1,001.99 - $2,500.99 0.35% 0.35%
$2,501.99 - $5,000.99 0.45% 0.45%
$5,001.99 - $10,000.99 0.55% 0.55%
$10,001.99 - $25,000.99 0.65% 0.65%
$25,001.00 - and over 0.75% 0.75%

Certificates of Deposit

Minimum deposit $1,000/Term Interest Rate APY***
91 days 0.35% 0.35%
182 days 0.45% 0.45%
9 month 0.55% 0.55%
12 month 0.75% 0.75%
18 month** 0.85% 0.85%
24 month 0.90% 0.90%
30 month 0.95% 0.95%
36 month** 1.00% 1.01%
48 month 1.05% 1.06%
60 month 1.10% 1.11%
60 Month Scholastic CD# 1.10% 1.11%

IRA Certificate of Deposit

Minimum deposit $250/Term Interest Rate APY***
182 days 0.45% 0.45%
12 month 0.75% 0.75%
18 month** 0.85% 0.85%
24 month 0.90% 0.90%
30 month 0.95% 0.95%
36 month** 1.00% 1.01%
48 month 1.05% 1.06%
60 month 1.10% 1.11%

Rates are subject to change at any time without prior notice.

Substantial Penalty may apply for early withdrawal on Certificates of Deposit

The Daily Balance Method applies a daily periodic rate to the principal in the account each day.

*Fees may reduce Earnings
**18 and 36 month CD's can also be Add-On CD's ($100,000 Maximum for Add-On)
***APY - calculation based on quarterly compounding
****$10,000 minimum deposit to open

#Scholastic CD, Add-on CD for 18 and Younger, $500 Minimum to Open, $100 Minimum to Deposit or Withdraw, No penalty for withdrawals for Education.

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