Effective: 5/20/2022

Certificates of Deposit

TermInterest Rate
APY*Minimum to Open and Obtain APY
3 Month
6 Month0.15%0.15%$1000
12 Month0.20%0.20%$500
18 Month0.83%0.85%$500
18 Month Ascending (Not Available for IRAs)1.57%1.60%$500
24 Month 0.88%0.90%$500
36 Month0.93%0.95%$500
48 Month0.98%1.00%$500
60 Month1.03%1.05%$500

*APY = Annual Percentage Yield. Penalty may be applied for early withdrawal.

Certificate terms for 6 months and above are available for IRA accounts excluding the 18 month ascending rate.

For IRAs consult your tax advisor.

Money Market Checking and Tiered Statement Savings

Checking and Savings AccountsInterest RateAPY*Minimum Opening BalanceMinimum to
Obtain APY
Money Market Checking**0.10%0.10%$1000$5.00
Tiered Statement Savings$5.00
0.05%0.05%$0.00 - $999.99
0.05%0.05%$1,000.00 - $24,999.99
0.05%0.05%$25,000.00 - $49,999.99
0.10%0.10%$50,000.00 - $99,999.99
0.10%0.10%$100,000.00 - $149,999.99
0.15%0.15%$150,000.00 and over

Tiered Statement IRA Savings accounts are also available as the same as the Tiered Statement Savings.

*APY — Annual Percentage Yield. Fees may reduce earnings.

**Money Market Checking – a maintenance charge of $5.00 will be imposed every month if the daily balance on any day of the statement cycle falls below $1,000.00, Minimum check amount $250.00. Money Market Checking and statement savings are variable rate accounts; rates are subject to change at any time at our discretion and may change after account opening. Minimum to open is $5.00.

Amendment to transaction limitations: effective 5/1/20, the Board of Governors of the Federal Reserve System have amended its Regulation D to allow depository institutions to immediately suspend enforcement of the six-per-month transfer limitation from savings deposits. Until further notice, your Money Market account will not be subject to these transaction limitations per month or statement cycle.