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Interest Rates on Deposits Effective January 13, 2017  
CONSUMER ACCOUNTS

 

MONEY MARKET

Minimum Daily Balance To Earn Stated APY

Rate

APY*

$5,000

0.50%

0.50%

$0.01

0.25%

0.25%

 

REGULAR CERTIFICATES OF DEPOSIT

Term (Month)

Rate

APY*

6

0.90%

0.90%

12

1.00%

1.00%

18(Bump Up)

1.07%

1.08%

24

1.15%

1.16%

36

1.29%

1.30%

48

1.40%

1.41%

60

1.53%

1.54%

PREMIUM INTEREST CHECKING

$0.01

0.50%

0.50%

STATEMENT & PASSBOOK SAVINGS

$0.01

0.20%

0.20%

 

IRA CERTIFICATES OF DEPOSIT

Term(Month)

Rate

APY*

12

1.00%

1.00%

24

1.15%

1.16%

36

1.29%

1.30%

48

1.40%

1.41%

60

1.53%

1.54%

*APY=Annual Percentage Yield.  All rates are accurate as of publication date and are subject to change without notice. Fees may reduce earnings on accounts. A penalty may be imposed for withdrawal of principal from Certificates of Deposit (CD) before maturity.

A minimum deposit of $2,000 for regular consumer CDs and IRA CDs required for opening and earning interest. Federal Regulation D limits the number of withdrawals from Money Market, Power Savings, Statement & Passbook Savings and IRA Money Market Accounts to 6 per statement cycle.

There is minimum daily balance requirement to avoid a monthly fee of $10 is $1,000 in the following accounts:
Money Market, Power Savings, and Premium Interest Checking.

Power Checking Account requires a minimum balance of $10,000 to open and a minimum daily balance of $10,000 to avoid a monthly fee of $15.

PLEASE CALL US FOR INTEREST RATES ON BUSINESS DEPOSIT ACCOUNTS

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