DEPOSIT RATES
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Effective as of: May 14, 2020
Share Accounts
Type of Account | Dividend Rate | APY | Minimum |
|---|---|---|---|
Share Account | 0.35 | 0.35 | 25 |
Draft Account | N/A | N/A | N/A |
Christmas/Vacation Club | 0.35 | 0.35 | 25 |
IRA Accumulation Accounts | 0.70 | 0.70 | 25 |
Dividends paid monthly on Share Accounts on average daily balance
Share Certificates
*A.P.R. = ANNUAL PERCENTAGE RATE FOR “A” RATED CREDIT SCORE
NOTE: EDUCATION IRA MINIMUM DEPOSIT = $500.00*******
(RATES FOR CD’S VALID TO CLOSE OF BUSINESS ON “TO” DATE BELOW)
Type of Account | Dividend Rate | TO | APY | Minimum |
|---|---|---|---|---|
12-Month Certificate/IRA | 0.75 | 4/23/2020 | 0.75 | 1,000 |
24-Month Certificate/IRA | 1.00 | 4/23/2020 | 1.00 | 1,000 |
30-Month Certificate/IRA | 1.05 | 4/23/2020 | 1.05 | 1,000 |
A.P.Y.= Annual Percentage Yield
There are minimum balance requirements and minimum opening deposits.
There are substantial penalties for early withdrawal of Share Certificates.
Fees could reduce the earnings on the account.
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