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Rates

RATES EFFECTIVE AS OF June 1, 2020


Certificates of Deposit*

Account Type Rate **APY
182 days
.20%
.20%
12 months .45% .45%
24 months .60% .60%
36 months .80% .80%
48 months 1.00% 1.00%

*Penalty for early withdrawal
Rates may change after account is opened.


Savings Accounts

Account Type Rate **APY
Passbook Savings 0.10% 0.10%
IRA Savings * 1.00% 1.00%

*Penalty for early withdrawal
Fees may reduce earnings on the account.
Rates may change after account is opened


NOW Account

Account Type Rate **APY
$0.01 - $9,999.99 0.05% 0.05%
Over $10,000.00 0.05% 0.05%

Rates may change after account is opened.


Money Market

Account Type Rate **APY
$0.01 - $24,999.99 0.10%  0.10%
$25,000.00-$99,999.99 0.10% 0.10%
$100,000.00-$249,999.99 0.15%
 0.15% 
Over $250,000.00 0.20%  0.20%

Rates may change after account is opened.


Please contact any bank employee for additional information

*In the event that the depositor is allowed to withdraw all or part of his/her deposit before maturity, a substantial penalty will be imposed.

**APY = Annual Percentage Yield

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