Current Rates
Effective as of 5/5/2023
| Product Description | Minimum Balance (To obtain APY & to Open Account) |
Compounded | Interest Rate | APY* |
|---|---|---|---|---|
| NOW Account | $1,500.00 | Monthly | 0.15% | 0.15% |
| Savings | N/A | Every 6 mos. | 0.25% | 0.25% |
| Money Market Account | $2,500.00 | Monthly | 1.00% | 1.00% |
| CD - 6 month | N/A | Every 6 mos. | 2.00% | 2.01% |
| CD - 1 year | N/A | Every 6 mos. | 4.00% | 4.04% |
- Rates may change after account has been opened.
- For a time deposit, a penalty may or will be imposed for early withdrawal.
- If NOW account falls below the balance requirement at any time during the month, then there is a $12.00 service charge which will be assessed to the customer. The interest rate and annual percentage yeild are subject to change.
- If the Money Market Account drops below the minimum balance of $2500.00, then the interest rate falls to the savings account interest rate. The rate will be adjusted back to the Money Market Account rate once the balance reaches $2500.00 again.
*Annual Percentage Yield (Fees may reduce earnings)
