Rates
RATES EFFECTIVE AS OF January 1, 2020
Certificates of Deposit*
| Account Type | Rate | **APY |
|---|---|---|
| 182 days | 1.10% | 1.10% |
| 12 months | 1.40% | 1.41% |
| 24 months | 1.50% | 1.51% |
| 36 months | 1.65% | 1.66% |
| 48 months | 2.00% | 2.02% |
*Penalty for early withdrawal
Rates may change after account is opened.
Savings Accounts
| Account Type | Rate | **APY |
|---|---|---|
| Passbook Savings | 0.60% | 0.60% |
| IRA Savings * | 1.65% | 1.66% |
*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 | 0.50% | 0.50% |
| $25,000.00-$99,999.99 | 0.60% | 0.60% |
| $100,000.00-$249,999.99 | 0.65% | 0.65% |
| Over $250,000.00 | 0.70% | 0.70% |
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
Savings