Time Deposits
| Account Product Name
|
Minimum Opening Deposit
|
Interest Rate
|
Annual PercentageYield (APY)
|
| 6-Month Certificate of Deposit1,2
|
$1,000
|
|
|
| Balances Over $1,000
|
|
0.15%
|
0.15%
|
| 12-Month Certificate of Deposit1,2
|
$1,000
|
|
|
| Balances Over $1,000
|
|
0.17%
|
0.17%
|
| 18-Month Certificate of Deposit1,2
|
$1,000
|
|
|
| Balances Over $1,000
|
|
0.25%
|
0.25%
|
| 24-Month Certificate of Deposit1,2
|
$1,000
|
|
|
| Balances Over $1,000
|
|
0.28%
|
0.28%
|
| 36-Month Certificate of Deposit1,2
|
$1,000
|
|
|
| Balances Over $1,000
|
|
0.33%
|
0.33%
|
| 48-Month Certificate of Deposit1,2
|
$1,000
|
|
|
| Balances Over $1,000
|
|
0.35%
|
0.35%
|
| 60-Month Certificate of Deposit1,2
|
$1,000
|
|
|
| Balances Over $1,000
|
|
0.38%
|
0.38%
|
| 12-Month IRA Certificate of Deposit1,2
|
$1,000
|
|
|
| Balances Over $500
|
|
0.17%
|
0.17%
|
| 24-Month IRA Certificate of Deposit1,2
|
$1,000
|
|
|
| Balances Over $500
|
|
0.28%
|
0.30%
|
| The minimum daily balances required to obtain the IRA CD APY is $1,000.00.
|
1. A penalty may be imposed for early withdrawal.
2. The minimum daily balance required to obtain the APY is $1,000.00. $500.00 for IRA Accounts. Fees could reduce the earnings on all accounts. We reserve the right at any time to require not less than 7 days' notice in writing before any withdrawals from an interest-bearing account.