Rates
Effective as of 12/21/2018
| Product Description |
Minimum Balance
(To obtain APY & to Open Account) |
Compounded |
Interest Rate |
APY* |
| NOW Account |
$1,500.00 |
Monthly |
0.30% |
0.30% |
| Savings |
N/A |
Every 6 mos. |
0.50% |
0.50% |
| Money Market Account |
$2,500.00 |
Monthly |
0.75% |
0.75% |
| CD - 6 month |
N/A |
Every 6 mos. |
1.00% |
1.00% |
| CD - 1 year |
N/A |
Every 6 mos. |
1.75% |
1.76% |
- 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.
