Personal Deposit Rates  

Effective February 22, 2017

 

Promotional Certificates of Deposit1

 

Product Min. to Open2 Rate APY3 Elite APY4
10 Month Flex CD5
$1,000.00
0.75% 0.75% 1.00%
47 Month CD $1,000.00 1.71% 1.75% 2.00%

 

Certificates of Deposit

 

Product Min. to Open2 Rate APY3 Elite APY4
3 Month $1,000.00 0.10% 0.10% 0.20%
6 Month $1,000.00 0.15% 0.15% 0.25%
9 Month $1,000.00 0.15% 0.15% 0.25%
1 Year $1,000.00 0.39% 0.40% 0.50%
18 Month $1,000.00 0.49% 0.50% 0.60%
2 Year $1,000.00 0.59% 0.60% 0.70%
3 Year $1,000.00 0.88% 0.90% 1.00%
4 Year $1,000.00 0.98% 1.00% 1.10%
5 Year $1,000.00 1.275% 1.30% 1.40%
5 Year Burial Certificate $1,000.00 1.275% 1.30%   ------

 

Traditional / Roth IRA CDs

 

Product Min. to Open2 Rate APY3 Elite APY4
1 Year $500.00 0.39% 0.40% 0.50%
18 Month $500.00 0.49% 0.50% 0.60%
2 Year $500.00 0.59% 0.60% 0.70%
3 Year $500.00 0.88% 0.90% 1.00%
4 Year $500.00 0.98% 1.00% 1.10%
5 Year $500.00 1.275% 1.30% 1.40%

 

 

Personal Elite Money Market 

 

Product Min. to Open Min. to Earn APY Rate APY3 Elite APY4
$10,000.00-$24,999.99 $100.00 $10,000.00 0.15% 0.15% 1.05%
$25,000.00-$49,999.99 $100.00 $10,000.00 0.20% 0.20% 1.05%
$50,000.00-$99,999.99 $100.00 $10,000.00 0.30% 0.30% 1.05%
$100,000.00-$249,999.99 $100.00 $10,000.00 0.30% 0.30% 1.05%
$250,000.00-$499,999.99 $100.00 $10,000.00 0.30% 0.30% 1.05%
$500,000.00 or greater $100.00 $10,000.00 0.30% 0.30% 0.30%

 

 

Savings Accounts

 

Product Min. to Openn2 Rate APY4
Solid Passbook Savings $5.00 0.02% 0.02%
Dependable Savings $100.00 0.05% 0.05%

 

Elite Savings

 

$2,500.00-$24,999.99 $2,500.00 0.15% 0.15%
$25,000.00-$74,999.99 $2,500.00 0.20% 0.20%
$75,000.00 or greater $2,500.00 0.30% 0.30%

 

 

Checking Accounts

 

Product Interest Rate APY4
Choice Checking 0.05% 0.05%
Elite Checking 0.05% 0.05%
 
 
 
 

Prime Rate

 

Wall Street Prime Rate 3.75%

 


 
1. A penalty is imposed for early withdrawal from a CD.
2. The minimum balance to open and earn the APY. One deposit allowed during the initial term of the CD. Interest is credited monthly.
3. Annual Percentage Yield (APY) are subject to change at any time without notice. Fees may reduce earnings.
4. Elite APY= To receive the Elite Annual Percentage Yield (APY) the tax reporting owner of the account must be an owner on an Elite Checking Account (penalties for additional early withdrawals may apply). 
5.  Flex CDs : 10 Month
This Annual Percentage Yield (APY) is for Elite Checking customers only.  The APY assumes that interest remains on deposit. The minimum balance to open and earn the APY is $1,000. One deposit allowed during the initial term of the CD. Interest is credited monthly  If the Elite Checking account is closed, the CD interest rate and APY will default to the interest rate and APY effective at account opening, last Flex Option change, or last renewal whichever is most recent. Fees can reduce earnings.Once the flex option is exercised, the new rate will become effective within three business days of your written request until original maturity date. Rate increases are not retroactive. You may make one penalty-free withdrawal during the initial term of the account, but no sooner than after the 6th day of the initial deposit. Penalties for additional early withdrawals will apply.  At account maturity, you will have 10 calendar days from the maturity date to withdraw the funds without penalty or renew to another CD term. Offer may be withdrawn at any time. The 10-month flex CD has a term of 10 months. The flex option permits one increase in the CD rate during the initial term of the CD to the 9 month certificate of deposit APY being offered at the time of the request.  At maturity, this account will automatically renew into a 9 month CD.