Savings Rates
| Type |
Dividend Rate |
Annual Percentage Yield |
Savings
Minimum Balance $5 |
0.40% |
0.40% |
Checking
Minimum Balance $0 |
0.00% *1 |
0.00% |
Money Market
Minimum Balance $2500 |
2.50% |
2.53% |
Health Savings Account
Minimum Balance $0 |
2.50% |
2.53% |
Christmas Club
Minimum Balance $0 |
0.40% *2 |
0.40% |
IRA
Minimum Balance $5 |
2.50% |
2.53% |
Rates Effective 01/01/2023
- 1 $25 minimum deposit required to open a Checking account. When dividends are available, Average Daily Balances below $500 do not earn any dividends.
- 2 Automatically transferred to Savings on Sept 30th
Type &
Minimum Balance |
Period (Months) |
| 3 |
6 |
12 |
18 |
24 |
36 |
48 |
60 |
Certificate
Minimum Balance $500 |
Div. Rate |
2.55% |
2.60% |
3.00% |
3.30% |
3.50% |
4.00% |
4.00% |
4.00% |
| APY* |
2.58% |
2.63% |
3.04% |
3.35% |
3.56% |
4.07% |
4.07% |
4.07% |
Business Certificate
Minimum Balance $500 |
Div. Rate |
2.55% |
2.60% |
3.00% |
3.30% |
3.50% |
4.00% |
4.00% |
4.00% |
| APY* |
2.58% |
2.63% |
3.04% |
3.35% |
3.56% |
4.07% |
4.07% |
4.07% |
IRA Certificate
Minimum Balance $500 |
Div. Rate |
2.55% |
2.60% |
3.00% |
3.30% |
3.50% |
4.00% |
4.00% |
4.00% |
| APY* |
2.58% |
2.63% |
3.04% |
3.35% |
3.56% |
4.07% |
4.07% |
4.07% |
Premium Certificate
Minimum Balance $100,000 |
Div. Rate |
2.65% |
2.70% |
3.10% |
3.40% |
3.60% |
4.10% |
4.10% |
4.10% |
| APY* |
2.68% |
2.73% |
3.14% |
3.45% |
3.66% |
4.17% |
4.17% |
4.17% |
Premium IRA Certificate
Minimum Balance $100,000 |
Div. Rate |
2.65% |
2.70% |
3.10% |
3.40% |
3.60% |
4.10% |
4.10% |
4.10% |
| APY* |
2.68% |
2.73% |
3.14% |
3.45% |
3.66% |
4.17% |
4.17% |
4.17% |
HSA Certificate
Minimum Balance $500 |
Div. Rate |
2.55% |
2.60% |
3.00% |
3.30% |
3.50% |
4.00% |
4.00% |
4.00% |
| APY* |
2.58% |
2.63% |
3.04% |
3.35% |
3.56% |
4.07% |
4.07% |
4.07% |
Rates Effective 1/11/2023* All savings rates quoted as annual percentage yields.
- ** If the term of a certificate is 18 months or less, the forfeiture is an amount equal to one month of dividends, whether earned or not. If the term of a certificate is more than 18 months, the forfeiture is an amount equal to six months of dividends, whether earned or not.
- *** Rates subject to change without a notice.
- **** Fees could reduce the earnings on an account.
