Certificates of Deposit

CDs offer short to long term interest options. We offer a veriety of terms with competitive rates.

  • Multiple term options available.
  • $1000 minimum balance
  • Interest can be paid quarterly
  • Interest can be added back or deposited into a checking or savings account.
  • Subject to early withdrawal penalties

Individual Retirement Account (IRA)

We also offer a Traditional IRA product with the following features:

  • $1000 minimum balance
  • Interest can be paid quarterly
  • Interest can be added back or deposited into a checking or savings account
  • Subject to early withdrawal penalty for distributions prior to maturity

CD Rates

Effective as of 09/28/2022
Term Minimum Balance Interest Rate APY* Compounded
3 months-under 6 months $1,000.00 0.10% 0.10% Quarterly
6 months-under 12 months $1,000.00 0.15% 0.15% Quarterly
12 months-under 18 months $1,000.00 0.80% 0.80% Quarterly
18 months-under 24 months $1,000.00 1.00% 1.00% Quarterly
24 months-under 36 months $1,000.00 1.25% 1.26% Quarterly
36 months-under 48 months $1,000.00 1.25% 1.26% Quarterly
48 months and OVER $1,000.00 1.00% 1.00% Quarterly
18 months Variable IRA $500.00 0.35% 0.35% Quarterly
10 months special $1,000.00 1.50% 1.51% Quarterly

* APY = Annual Percentage Yield
DISCLOSURES:  Fees applied may affect APY. Interest rates subject to change.

 

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