Deposit Account Rates

Rates effective as of 4/2/2020.  All Rates Subject to Change.  Actual rate may be higher.

The first quarter dividend period paid a dividend rate of 0.10% and an APY of 0.10%.
Regular Shares
$5.00 Minimum Balance

Savings Dividend Rate APY* Term
Regular Share 0.10 0.10 n/a
Money Market (balance of $2500-$9,999.99) 0.50 0.50 n/a
Money Market (balance of $10,000-$24,999.99) 0.60 0.60 n/a
Money Market (balance of $25,000-$49,999.99) 0.70 0.70 n/a
Money Market (balance of $50,000 or greater) 0.80 0.80 n/a
Christmas Club (balance $0.01 – $2500) Regular Share Rate plus 1%
Christmas Club (balance $2500.01 and greater)  0.10 0.10 n/a
Flexible Traditional, Roth & Coverdell Ed. Savings Account (variable interest rate, may change monthly)  0.50 0.50 n/a
Traditional, Roth, & Coverdell Ed. Savings Certificate Accounts 12 month (Fixed interest and Maturity Date. Minimum Deposit $1000.00. (Exception Coverdell Education Savings $500.00)  1.25 1.26 12
Traditional, Roth, & Coverdell Ed. Savings Certificate Accounts 24 month (Fixed interest and Maturity Date. Minimum Deposit $1000.00. (Exception Coverdell Education Savings $500.00)  1.45 1.46 24
Traditional, Roth, & Coverdell Ed. Savings Certificate Accounts 36 month (Fixed interest and Maturity Date. Minimum Deposit $1000.00. (Exception Coverdell Education Savings $500.00)  1.60 1.61 36
Traditional, Roth, & Coverdell Ed. Savings Certificate Accounts 48 month (Fixed interest and Maturity Date. Minimum Deposit $1000.00. (Exception Coverdell Education Savings $500.00)  1.75 1.76 48
Traditional, Roth, & Coverdell Ed. Savings Certificate Accounts 60 month (Fixed interest and Maturity Date. Minimum Deposit $1000.00. (Exception Coverdell Education Savings $500.00) 2.00 2.02 60

*APY = Annual Percentage Yield

 

Rates effective as of 4/2/2020.  All Rates Subject to Change.  Actual rate may be higher.
Term Share Certificates
$500 Minimum balance

Certificates Dividend Rate APY* Term
91 day 0.30 0.30 n/a
182 day 0.70 0.70 n/a
1 year 1.25 1.26 n/a
2 year 1.45 1.46 n/a
3 year 1.60 1.61 n/a
4 year 1.75 1.76 n/a
5 year 2.00 2.02 n/a
Teen Term Share Certificate ($250 minimum) 1.25 1.26 n/a

*APY = Annual Percentage Yield

New Product

Jumbo Share Certificates
Rates effective as of 4/2/2020.  Minimum deposit of $100,000.00.  Dividends calculated daily and paid monthly. Fixed interest rate and maturity date.  All rates subject to change.

Certificates Dividend Rate APY* Term
1 year 1.35 1.36 n/a
2 year 1.55 1.56 n/a
3 year 1.70 1.71 n/a
4 year 1.85 1.87 n/a
5 year 2.10 2.12 n/a