Certificates of Deposit Rates

Type of Account Minimum Deposit to Open Account Minimum Balance to Obtain APY Annual Percentage Yield Interest Rate
3 Months CD $500.00 $500.00 0.25% 0.25%
6 Months CD $500.00 $500.00 0.25% 0.25%
1 Year CD $500.00 $500.00 0.50% 0.50%
2 Years CD $500.00 $500.00 0.50% 0.50%
3 Years CD $500.00 $500.00 0.75% 0.75%
4 Years CD $500.00 $500.00 0.75% 0.75%
5 Years CD $500.00 $500.00 1.00% 1.00%

Money Market Plus Account Rates*

Type of Account Minimum Deposit to Open Account Minimum Balance to Obtain APY Annual Percentage Yield Interest Rate
Balance of less than $1000 $1,000.00 N/A 0.10% 0.10%
Balance of less than $25,000 $1,000.00 $1000.00 0.10% 0.10%
Balance of less than $50,000 $1,000.00 $25,000.00 0.10% 0.10%
Balance of less than $100,000 $1,000.00 $50,000.00 0.25% 0.25%
Balance greater than $100,000 $1,000.00 $100,000.00 0.50% 0.50%

Savings Account Rates*

Type of Account Minimum Deposit to Open Account Minimum Balance to Obtain APY Annual Percentage Yield Interest Rate
Statement Savings Account $100.00 $100.00 0.10% 0.10%
Student Statement Savings Account $100.00 $100.00 0.10% 0.10%

Individual Retirement Account Rates

Type of Account Minimum Deposit to Open Account Minimum Balance to Obtain APY Annual Percentage Yield Interest Rate
6 Months CD $500.00 $500.00 0.25% 0.25%
1 Year CD $500.00 $500.00 0.50% 0.50%
2 Years CD $500.00 $500.00 0.50% 0.50%
3 Years CD $500.00 $500.00 0.75% 0.75%
4 Years CD $500.00 $500.00 0.75% 0.75%
5 Years CD $500.00 $500.00 1.00% 1.00%

Roth & Educations IRA Rates

Type of Account Minimum Deposit to Open Account Minimum Balance to Obtain APY Annual Percentage Yield Interest Rate
6 Months CD $500.00 $500.00 0.25% 0.25%
1 Year CD $500.00 $500.00 0.50% 0.50%
2 Years CD $500.00 $500.00 0.50% 0.50%
3 Years CD $500.00 $500.00 0.75% 0.75%
4 Years CD $500.00 $500.00 0.75% 0.75%
5 Years CD $500.00 $500.00 1.00% 1.00%

50 Gold Bonus*

Type of Account Minimum Deposit to Open Account Minimum Balance to Obtain APY Annual Percentage Yield Interest Rate
50 Gold Bonus $100.00 $1,000.00 0.10% 0.10%

NOW Checking*

Type of Account Minimum Deposit to Open Account Minimum Balance to Obtain APY Annual Percentage Yield Interest Rate
NOW Checking $1,000.00 $1,000.00 0.10% 0.10%

Christmas Club*

Type of Account Minimum Deposit to Open Account Minimum Balance to Obtain APY Annual Percentage Yield Interest Rate
Christmas Club* $5.00 $5.00 0.10% 0.10%

Rates Disclosures

A penalty may be imposed for early withdrawal.

For Interest Bearing Checking and Savings accounts we use the average daily balance method to calculate interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

For Certificates of Deposit and Individual Retirement accounts we use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in your account each day.

*The interest rate and "Annual Percentage Yield" may change after the account is opened.

Interest Rates and "Annual Percentage Yields" are accurate as of 01/06/2014.

Rates are subject to change without notice.

Fees may reduce earnings on the account.

Annual Percentage Yield (APY):

  • Certificates of Deposit and Individual Retirement accounts - the APY assumes quarterly compounding with funds remaining on deposit for a full year. Interest is credited quarterly.
  • Interest Bearing Checking accounts - The interest is compounded daily and credited monthly.
  • Savings accounts - The interest is compounded daily and credited quarterly.
  • Christmas Club - The interest is compounded at maturity and credited at maturity.