Rates

Rates Effective as of September 1, 2014 

Interest rates are subject to change without notice.

Account Type Minimum Depost to Open Account Minimum Balance* to Obtain Annual Percentage Yield

Early Withdrawal Penalty

Interest Rate Annual Percentage Yield
IRAs $100.00 $100.00 3 month 1.00 1.00
3 Month CD $1,000 $1,000 1 month 0.20 0.20
6 Month CD $1,000 $1,000 3 month 0.25 0.25
6 Month CD $10,000 $10,000 3 month 0.30 0.30
12 Month CD $1,000 $1,000 3 month 0.50 0.50
24 Month CD $500.00 $500.00 6 month 0.70 0.70
30 Month CD $500.00 $500.00 6 month 0.80 0.80
36 Month CD $500.00 $500.00 6 month 1.05 1.05
5 Year CD $500.00 $500.00 6 month 1.50 1.51

*Daily Balance (the amount of principal in the account each day)

Certificate of Deposit (CD)

**Interest credit based on average collected balance, may be changed monthly (will not be paid above and beyond total service charge)

 

Account Type

 

Minimum Deposit to open account

Minimum Balance* to obtain Annual Percentage Yield

 

Interest Rate

Annual Percentage Yield
Interest Checking 1,000 $0.00 0.05 0.05
1,000 $2,500 0.10 0.10
Rewards Checking 20,000 $20,000 0.20 0.20
Savings 100.00 $100.00 0.10 0.10

Investors Money Market Savings

10,000 $0 – $9,999 0.10 0.10
N/A $10,000 – $24,999 0.15 0.15
N/A $25,0000 – $49,999 0.20 0.20
N/A $50,000 – $99,9999 0.25 0.25
N/A $100,000 or more 0.30 0.30
Regular Business Checking** $100.00 $100.00 1.00 1.00
Business Interest Checking $1,000 $1,000 – $2,500 0.05 0.05
$1,000 $2,500 or more 0.10 0.10
Low Volume Business Checking $500.00 N/A N/A

N/A