Effective as of 5/5/2023
|Product Description||Minimum Balance
(To obtain APY & to Open Account)
|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)