Rates

CD & IRA Rates

Effective February 26, 2014

Account Product NameMinimum Opening BalanceInterest RateAnnual Percentage Yield
Passbook CD(a,b)$2,500
$0-$2,499$2,5000.35%0.35%
$2,500 - $19,999$2,5000.35%0.35%
$20,000 - $99,999$2,5000.35%0.35%
$100,000 - $249,999$2,5000.35%0.35%
$250,000 +$2,5000.35%0.35%
Account Product NameMinimum Opening BalanceInterest RateAnnual Percentage Yield
Certificates of Deposit (a,c)
6 Months$5000.25%0.25%
12 Months$5000.35%0.35%
18 Months$5000.45%0.45%
18 Month Variable$25*0.45%0.45%
24 Months$5000.60%0.60%
30 Months$5000.70%0.70%
36 Months$5000.85%0.85%
48 Months$5001.25%1.26%
60 Months$5001.50%1.51%
Account Product NameMinimum Opening BalanceInterest RateAnnual Percentage Yield
Individual Retirement Accounts (a,c)
6 Month IRA$5000.25%0.25%
12 Month IRA$5000.35%0.35%
18 Month IRA$5000.45%0.45%
18 Month Variable Rate IRA$25*0.45%0.45%
24 Month IRA$5000.60%0.60%
30 Month IRA$5000.70%0.70%
36 Month IRA$5000.85%0.85%
48 Month IRA$5001.25%1.26%
60 Month IRA$5001.50%1.51%

* $25 minimum to open assumes monthly transfer deposit of at least $25; or minimum to open is $500.

a. A penalty may be imposed for early withdrawal.

b. The interest rate and annual percentage yield may change after account opening.

c. Rates on individual accounts with balances over $100,000 will be slightly lower.

CDs and IRAs over $100,000 will earn .10% less that the rates stated above.

Fees could reduce the earnings on the account.
On approved credit.
Rates are subject to change.