Effective Date: March 5, 2024
| Term | Minimum Balance | Interest Rates | Annual Percentage Yield (APY) | Interest Computation |
|---|---|---|---|---|
| 6 month | $2,500.00 | 1.49% | **1.50% | Simple Interest |
| 7 month Special | $1,000.00 | 4.95% | *5.00% | Simple Interest |
| 12 month | $1,000.00 | 3.15% | 3.15% | Simple Interest |
| 13 month Special | $1,000.00 | 4.75% | 4.75% | Simple Interest |
| 18 month | $1,000.00 | 2.75% | 2.75% | Simple Interest |
| 24 month | $1,000.00 | 3.75% | 3.75% | Simple Interest |
| 36 month | $1,000.00 | 2.75% | 2.75% | Simple Interest |
| 48 month | $1,000.00 | 2.85% | 2.85% | Simple Interest |
| 60 month | $1,000.00 | 3.00% | 3.00% | Simple Interest |
* There may be a substantial penalty imposed for early withdrawal of time deposits.
** APY based on Interest added on at maturity and renewed at the same rate.
| Term | Minimum Balance | Interest Rate | Annual Percentage Yield (APY) | Interest Computation |
|---|---|---|---|---|
| Passbook | No Minimum | 0.80% | 0.80% | Compound Daily |
| 12 month | $1,000.00 | 3.10% | 3.15% | Compound Daily |
| 13 month Special | $1,000.00 | 4.64% | 4.75% | Compound Daily |
| 18 month | $1,000.00 | 2.71% | 2.75% | Compound Daily |
| 24 month | $1,000.00 | 3.68% | 3.75% | Compound Daily |
| 36 month | $1,000.00 | 2.71% | 2.75% | Compound Daily |
| 48 month | $1,000.00 | 2.81% | 2.85% | Compound Daily |
| 60 month | $1,000.00 | 2.96% | 3.00% | Compound Daily |
* There may be a substantial penalty imposed for early withdrawal of time deposits.
| Type of MMDA | Interest Rate | Annual Percentage Yield (APY) | Interest Computation |
|---|---|---|---|
| Regular MMDA | |||
| $1,000.00 & Over | 0.65% | 0.65% | Simple Interest Paid Monthly |
| $999.99 & Under | 0.01% | 0.01% | Simple Interest Paid Monthly |
| Regular Super Saver | |||
| $20,000 & Over | 1.64% | 1.65% | Compound Daily - Paid Monthly |
| $10,000.00 - $19,999.99 | 0.65% | 0.65% | Compound Daily - Paid Monthly |
| Under $10,000.00 | 0.01% | 0.01% | Compound Daily - Paid Monthly |
| Daily Balance | Interest Rate | Annual Percentage Yield (APY) | Interest Computation |
|---|---|---|---|
| $50,000.00 & Over | 1.98% | 2.00% | Simple Interest Paid Monthly |
| $25,000.00 - $49,999.99 | 1.00% | 1.00% | Simple Interest Paid Monthly |
| $15,000.00 - $24,999.99 | 0.15% | 0.15% | Simple Interest Paid Monthly |
| $5,000.00 - $14,999.99 | 0.05% | 0.05% | Simple Interest Paid Monthly |
| $1,000.00 - $4,999.99 | 0.02% | 0.02% | Simple Interest Paid Monthly |
| $0 - $999.99 | 0.00% | 0.00% | Simple Interest Paid Monthly |
| Accounts | Interest Rate | Annual Percentage Yield (APY) | Interest Computation |
|---|---|---|---|
| Regular Savings | 0.02% | 0.02% | Simple Interest Paid Quarterly |
| Combo Savings Club (Ages 12 & under) | 0.02% | 0.02% | Simple Interest Paid Quarterly |
| Cool Cash Savings (Ages 13 to 24) | 0.02% | 0.02% | Simple Interest Paid Quarterly |
| Christmas Club | 0.02% | 0.02% | Simple Interest Paid Annually |
| Accounts | Interest Rate | Annual Percentage Yield (APY) | Interest Computation |
|---|---|---|---|
| Regular NOW Account | 0.02% | 0.02% | Simple Interest Paid Monthly |
| Classic Account | 0.02% | 0.02% | Simple Interest Paid Monthly |
There may be substantial penalty imposed for early withdrawal of time deposits.
Interest rates offered are within the most recent 7 calendar days and are subject to change.
Interest rates and Annual Percentage Yield (APY's) are accurate as of March 5, 2024 .
For more information, please contact us.
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