Deposit Rates
Discovery more about each ACCOUNT Interest Rates
* Member FDIC * Rates and APY effective and accurate as of December 26, 2019
Deposit Accounts
| Account Type | Minimum Deposit | Interest Rate | APY |
|---|---|---|---|
| First Choice Account | $50 | .45% | .45% |
| SuperNow (SNA)* | $2,000 | .35% | .35% |
| Money Market (CMA)* | $3,000 | .55% | .55% |
| Statement Savings* | $25 | .35% | .35% |
| Christmas Club* | $5 | 2.00% | 2.02% |
* Penalty for early withdrawal may be imposed.
* APY means Annual Percentage Yield
* Fees may reduce earnings
* Rates are variable and may change after account is opened
* APY means Annual Percentage Yield
* Fees may reduce earnings
* Rates are variable and may change after account is opened
Certificate of Deposit
| Account Type | Minimum Deposit | Interest Rate | APY |
|---|---|---|---|
| 3 month CD | $1,000 | 1.00% | 1.00% |
| 6 month CD* | $1,000 | 1.25% | 1.26% |
| 10 month CD | $1,000 | 1.50% | 1.51% |
| 12 month CD* | $1,000 | 1.75% | 1.76% |
| 18 month CD* | $500 | 2.00% | 2.01% |
| 24 month CD* | $500 | 2.05% | 2.07% |
| 30 month CD* | $500 | 2.15% | 2.17% |
| 36 month CD* | $500 | 2.25% | 2.27% |
| 60 month CD* | $500 | 2.50% | 2.52% |
| See Officer | $250,000.01 | -- | -- |
* Interest may be compounded quarterly
* Monthly check only if over $50.00
* APY means Annual Percentage Yield
* No monthly compounding on any CD
* A penalty will or may be imposed for early withdrawal.
* Monthly check only if over $50.00
* APY means Annual Percentage Yield
* No monthly compounding on any CD
* A penalty will or may be imposed for early withdrawal.
Retirement Accounts
| Account Type | Minimum Deposit | Interest Rate | APY |
|---|---|---|---|
| IRA (Traditional-Variable)* | $100 | 2.00% | 2.02% |
| IRA (Roth-Variable)* | $100 | 2.00% | 2.02% |
| IRA (Educational-Variable)* | $100 | 2.00% | 2.02% |
| IRA (Guaranteed-Fixed)* | $500 | 1.00% | 1.00% |
* Interest compounded monthly
* APY means Annual Percentage Yield
* A penalty will or may be imposed for early withdrawal.
* Retirement Account Rates (except for the Guaranteed Fixed IRA) are variable and may change after the account is opened.
* A penalty will or may be imposed for early withdrawal.
* Retirement Account Rates (except for the Guaranteed Fixed IRA) are variable and may change after the account is opened.
CDARS
| Account Type | Minimum Deposit | Interest Rate | APY |
|---|---|---|---|
| 3 month (13 wk)* | $250,000.01 | 1.10% | 1.11% |
| 6 month (26 wk)* | $250,000.01 | 1.35% | 1.36% |
| 1 year (52 wk)* | $250,000.01 | 1.85% | 1.86% |
| 2 year (104 wk)* | $250,000.01 | 2.15% | 2.17% |
| 3 year (156 wk)* | $250,000.01 | 2.35% | 2.37% |
* APY means Annual Percentage Yield.
* Fees could reduce earnings on an account.
* A penalty will or may be imposed for early withdrawal.
* Deposit Account and Retirement Account Rates (except for the Guaranteed Fixed IRA) are variable and may change after the account is opened.
* Fees could reduce earnings on an account.
* A penalty will or may be imposed for early withdrawal.
* Deposit Account and Retirement Account Rates (except for the Guaranteed Fixed IRA) are variable and may change after the account is opened.