Rates effective as of March 25, 2020
RATE QUICK LINKS:
| 7 Month CD Special | ||
| Minimum | Interest Rate | APY* |
| $1,000 | 0.65 | 0.65 |
| $100,000 | 0.75 | 0.75 |
| 36 Month Bump-up CD Special | ||
| Minimum | Interest Rate | APY* |
| $1,000 | 1.00 | 1.00 |
| $100,000 | 1.10 | 1.10 |
| Certificates of Deposit | Interest Rate | APY* |
|---|---|---|
| $1,000 to $9,999.99 | ||
| 6 Month | 0.15% | 0.15% |
| 12 Month | 0.30% | 0.30% |
| 24 Month | 0.65% | 0.65% |
| 36 Month | 0.70% | 0.70% |
| 48 Month | 0.95% | 0.95% |
| $10,000 and $99,999 | ||
| 6 Month | 0.25% | 0.25% |
| 12 Month | 0.40% | 0.40% |
| 24 Month | 0.75% | 0.75% |
| 36 Month | 0.80% | 0.80% |
| 48 Month | 1.05% | 1.05% |
| $100,000 and above | ||
| 6 Month | 0.35% | 0.35% |
| 12 Month | 0.50% | 0.50% |
| 24 Month | 0.85% | 0.85% |
| 36 Month | 0.90% | 0.90% |
| 48 Month | 1.15% | 1.15% |
| IRA | Interest Rate | APY* |
|---|---|---|
| Under $10,000 | 0.50% | 0.50% |
| $10,000 and $99,999 | 0.60% | 0.60% |
| $100,000 and above | 0.70% | 0.70% |
| Savings ($50 minimum) |
Interest Rate | APY* |
|---|---|---|
| Savings Account (1) (2) | ||
| $1 to $99,999 | 0.10% | 0.10% |
| $100,000 to $249,999 | 0.30% | 0.30% |
| $250,000 and above | 0.50% | 0.50% |
(Rates subject to immediate change)
*APY = Annual Percentage Yield
(1) Variable Rate Account. The rate may change after the account is opened.
(2) Fees could reduce earnings.
(3) Fees charged on balances below $500.
^ Provided that all monthly requirements are met: If the daily balance is $.01-$20,000.00 the interest rate paid on that portion of the balance would be 3.05% and APY* of 3.10%. If the daily balance is greater than $20,000.00 the interest rate paid on that portion of the balance would be 0.15% with an APY* range of 3.10% – 0.15%. Any accounts that do not meet all monthly requirements will have a rate of 0.01% and APY* of 0.01%. Interest is compounded daily and credited monthly. Posted ATM fees will be refunded up to $10.00 per statement cycle, if qualifications are met. If you close your account before interest is credited, you will not receive accrued interest. Rates and APY* are variable and may change daily. Fees may reduce earnings. $50 minimum to open account. APY is accurate as of 2/27/2020. Limit one account per household. Accounts available only for the Bank’s trade area. Click here for requirements.
Penalty for early withdrawal on certificates of deposit.
Call our office (319) 984-5635 for more information.
