Savings & Checking Rates

Truth In Savings Annual Percentage Yield Calculations
APY - Annual Percentage Yield
Updated: 6/19/09

      Minimum Balance To: Early Withdrawal Penalty
Term Rate APY 1. Open Acct 2. Avoid Fee 3. Earn Div Penalty
90 Days 1.24% 1.25% $1,000.00 $0.00 $1,000.00 3 MO DIV
6 Month 1.49% 1.50% $1,000.00 $0.00 $1,000.00 3 MO DIV
12 Month 1.73% 1.74% $1,000.00 $0.00 $1,000.00 3 MO DIV
18 Month 2.08% 2.10% $1,000.00 $0.00 $1,000.00 6 MO DIV
24 Month 2.23% 2.25% $1,000.00 $0.00 $1,000.00 6 MO DIV
36 Month 2.47%

2.50%

 $1,000.00 $0.00 $1,000.00 6 MO DIV
48 Month 2.57% 2.60% $1,000.00 $0.00 $1,000.00 6 MO DIV
60 Month 3.01% 3.05% $1,000.00 $0.00 $1,000.00 6 MO DIV

Rates on Regular Shares, Share Draft, Club and Non-Certificate IRA accounts are variable and subject to change. Dividends paid on these accounts are based on current earnings and cannot be guaranteed.

 

Money Market Account
Min Max Rate
0.00 2,499.00 0.00%
2,500.00 9,999.00 0.50%
10,000.00 24,999.00 0.75%
25,000.00 49,999.00 1.25%
50,000.00 74,999.00 1.50%
75,000.00 999,999.00 1.75%

 

  Rate APY 1. Open Account 2. Avoid Fee 3. Earn Div
Regular Shares 0.35% 0.351 $5.00 $5.00 $50.00
A fee of $1.00 will be charged after 5 withdrawals per month
           
           
XMAS Club 0.35% 0.351 0 0 0
VAC Club 0.35% 0.351 0 0 0
XMAS & VAC club accounts: ** A fee of $5.00 will be charged on all premature withdrawals after the account has been opened 7 days
           
           
Share Draft 0 0 0 250 250
A $1.00 fee will be charged for all official check withdrawals from this account after first two free checks
           
           
IRA Account (Quarterly) 0.50% 0.501 0    
IRA closeout fee is $25.00