This Rate Chart contains information about interest rates and annual percentage yields for the accounts we offer.
Certificates of Deposit (CDs) are compounded at maturity, excluding the 18, 24, 30, 36, 48, 60, and 80-Month Certificates of Deposit, which compound Annually.
|Account Product Name||Minimum Opening Deposit||
|Annual Percentage Yield (APY)|
|3 Month CD||$1,000.00||2.11||2.13|
|6 Month CD||$1,000.00||2.31||2.32|
|12 Month CD||$1,000.00 - $49,999.99||2.69||2.69|
|12 Month CD||$50,000.00 and above||2.79||2.79|
|18 Month CD||$1,000.00||2.86||2.87|
|24 Month CD||$1,000.00||2.76||2.76|
|30 Month CD||$1,000.00||2.91||2.91|
|36 Month CD||$1,000.00||2.98||2.98|
|48 Month CD||$1,000.00||3.12||3.12|
|60 Month CD||$1,000.00||3.18||3.18|
|80 Month CD||$1,000.00||3.31||3.31|
|12 Month IRA||$1,000.00||2.17||2.17|
The interest rate and annual percentage yield will not change for the term of your certificate. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). If you select your account to automatically renew, your account will automatically renew at maturity. You will have ten (10) calendar days after the maturity date to withdraw funds without penalty. If you do not select the automatic renewal option, the account will not renew at maturity. If you do not renew the account, your accrual of interest ceases at the maturity date. You may decide to receive a check for the interest, deposit it to your checking account, deposit it to your savings account or compound the interest by adding it to the certificate automatically. The annual percentage yield assumes interest remains on deposit until maturity. A withdrawal will reduce earnings. After the account is opened, you may not make deposits into or withdrawals from this account until the maturity date. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. No maintenance or activity fees are imposed on Certificate of Deposit Accounts. If any of the deposit is withdrawn before the maturity date, a penalty as shown below will be imposed. *A penalty may be imposed for early withdrawal.
3 or 6 month Certificate of Deposit – 90 days interest
12 or 18 month Certificate of Deposit – 91 days interest
24, 30, 36 and 48 month Certificate of Deposit – 182 days interest
60 and 80 month Certificate of Deposit – 365 days interest
Fees could reduce the earnings on the account.
Interest Rates and Annual Percentage Yields are current as of November 1, 2018.