Rates

See "Disclosure of Account Terms" for details of particular program type.

Rates effective as of December 9, 2014

Savings Products

Certificates of Deposit (4,5,6,8,9,13)

Term

Rate

Annual Percentage Yield (APY) (3)

3 Months

0.25%

0.25%

6 Months

0.40%

0.40%

9 Months

0.45%

0.45%

12 Months

0.50%

0.50%

15 Months

0.50%

0.50%

18 Months

0.55%

0.55%

24 Months

0.55%

0.55%

27 Months 0.75% 0.75%
30 Months 0.90% 0.90%
36 Months 1.00% 1.00%
48 Months 1.50% 1.51%
60-120 Months 1.99% 2.00%

 

Passbook Savings (1,2,6)

Account Balance

Interest Rate

Annual Percentage Yield (APY) (3)

$0 – 49.99

0.00%

0.00%

$50 – 999.99

0.01%

0.01%

$1,000 – 4999.99

0.02%

0.02%

$5,000 +

0.05%

0.05%

 

Preferred Savings (1,2,6)

Account Balance

Interest Rate

Annual Percentage Yield (APY) (3)

$0 – 2,499.99

0.00%

0.00%

$2,500 – 4,999.99

0.02%

0.02%

$5,000 – 24,999.99

0.02%

0.02%

$25,000 – 49,999.99

0.05%

0.05%

$50,000 +

0.10%

0.10%

  

Statement Savings (1,2,7)

Account Balance

Interest Rate

Annual Percentage Yield (APY) (3)

$0 – 49.99

0.00%

0.00%

$50 – 999.99

0.02%

0.02%

$1,000 – 4999.99

0.02%

0.02%

$5,000 +

0.05%

0.05%

 

Interest Plus Savings (1,2,7)

Account Balance

Interest Rate

Annual Percentage Yield (APY) (3)

$0 – 2,499.99

0.00%

0.00%

$2,500 – 24,999.99

0.05%

0.05%

$25,000 +

0.15%

0.15%

 

Checking Products

 

Personal Checking (1,2,7)

Account Balance

Interest Rate

Annual Percentage Yield (APY) (3)

 All

0.00%

0.00%

 

Preferred Checking (1,2,7)

Account Balance

Interest Rate

Annual Percentage Yield (APY) (3)

$0 – 999.99

0.00%

0.00%

$1,000 – 4,999.99

0.01%

0.01%

$5,000 – 24,999.99

0.02%

0.02%

$25,000 – 49,999.99

0.05%

0.05%

$50,000 +

0.10%

0.10%

 

Business Checking

Professional Checking (1,7)

Account Balance

Interest Rate

Annual Percentage Yield (APY) (3)

 All

0.10%

0.10%

 

Corporate Checking (11)

Account Balance

Interest Rate

Annual Percentage Yield (APY) (3)

 All

0.00%

0.00%

 

IRAs (Individual Retirement Accounts)

Any CDs' term/rates shown may be applied to an IRA, except 3 month or any Special CDs; Fixed-rate IRAs credit/compound monthly.

18 Month Variable-rate IRA 0.25% interest rate yielding 0.25% Annual Percentage Rate
(effective 10/01/14) (Variable rate-changes quarterly; credits/compounds quarterly)

 

(1) Variable-rate IRA subject to change quarterly; credits/compounds quarterly
(2) Daily interest earned on collected balance for number of days balance falls within the various tiers at the corresponding rates
(3) Earned interest must be left in account to compound to earn APY. Any fees would reduce an account's APY.
(4) CD Penalties for early withdrawal: equal to the one-half the original term's interest (earned or unearned)
(5) Certificates earn a fixed interest rate; no additions can be made until maturity
(6) Compounds/credits quarterly; For CDs: Monthly checks available on CDs except 3 month CD, which credits interest to account at maturity only
(7) Compounds/credits monthly
(8) All Certificates minimum balance to open = $500.00
(9) Certificates automatically renew at the current rate paid on the particular term; a grace period of ten (10) days is granted
(10) No withdrawals permitted until mid-October when checks are issued; simple interest earned
(11) Earnings credit earned to reduce monthly service fees
(12) Rates and terms subject to change without notice. Contact your local branch for current deposit rates.