Deposit Rates

Open Account +
Rates Effective as of 09/27/2021

Savings
Account TitleInterest RateAPYMinimum Balance to Open AccountMinimum Balance to
Obtain APY
Statement Savings0.10%0.10%$10.00$10.00
Passbook Savings0.05%0.05%$10.00$100.00
Holiday Club Savings0.05%0.05%$5.00$10.00
Checking
Account TitleInterest RateAPYMinimum Balance to
Open Account
Minimum Balance to
Obtain APY
Active Checking¹
   Base Rate
   Qualified Rate

0.05%
0.15%
0.10%

0.05%
0.15%
0.10%
$500.00
$0.01
$0.01
Portion in Excess of $25,000.00
Preferred Checking0.10%0.10%$10.00$500.00

¹All qualification requirements must be met each qualification period in order to earn interest at the qualified rate. If all qualification requirements are not met during each qualification period, the entire account balance will earn interest at the base rate.

Money Market
Account TitleInterest RateAPYMinimum Balance to
Open Account
Minimum Balance to
Obtain APY
Consumer Money Market  $1,000.00 
Tier 10.05%0.05% $1,000.00
Tier 20.05%0.05% $10,000.00
Tier 30.10%0.10% $50,000.00
Tier 40.15%0.15% $100,000.00
Tier 50.15%0.15% $250,000.00
Business Money Market
Account TitleInterest RateAPYMinimum Balance to
Open Account
Minimum Balance to
Obtain APY
Business Money Market Access  $1,000.00$10.00
Tier 10.05%0.05% $1,000.00
Tier 20.05%0.05% $10,000.00
Tier 30.10%0.10% $50,000.00
Tier 40.15%0.15% $100,000.00
Tier 50.15%0.15% $250,000.00
Certificate of Deposit (CD)
Account TermInterest RateAPYMinimum Balance to
Open Account
Minimum Balance to
Obtain APY
30 – 181 Days Statement0.15%0.15%$500.00$10.00
6 Months – Less than 1 Year Statement0.15%0.15%$500.00$10.00
10 Month Statement CD Special0.20%0.20%$500.00$10.00
12-23 Month Statement0.20%0.20%$500.00$10.00
18 Month Statement CD Special0.35%0.35%$500.00$10.00
24-35 Month Statement0.40%0.40%$500.00$10.00
3 – 4 Year Statement0.50%0.50%$500.00$10.00
4 – 5 Year Statement0.70%0.70%$500.00$10.00

The terms, interest rates, and APYs above are for statement-based CDs only. Passbook-based CDs are available, but terms, interest rates, and APYs may be different. Please visit a branch for more information.

Preferred Checking Account customers are entitled to an additional 10 basis points (0.10%) on CDs.

APY refers to Annual Percentage Yield. All interest rates and APYs are accurate as of the date above and are subject to change without notice. The APY applies when the required minimum balance and interest are kept on deposit for one year. For all Savings, Checking, Money Market, and Business Money Market Accounts, rate may change after the account is opened.  All CDs above are fixed rate CDs with interest rates that may change at the end of the account term. Interest is compounded and credited monthly on all accounts. Maintenance or activity fees may reduce earnings. CDs are subject to a penalty for early withdrawal.

All deposits insured in full by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF).