SAVINGS ACCOUNTS
| ACCOUNT TYPE | Minimum Deposit ¹ |
Min. Daily Balance ² |
Interest Rate |
APY ³ |
| PASSBOOK SAVINGS | $1.00 | $1.00 | 1.25% | 1.26% |
CERTIFICATES OF DEPOSIT
| ACCOUNT TYPE | Minimum Deposit ¹ |
Min. Daily Balance ² |
Interest Rate |
APY ³ |
|
30 DAY CD * (30 day interest) |
$ 500.00 | $ 500.00 | 2.20% | 2.22% |
|
182 Day CD * (one month's interest) |
$ 500.00 | $ 500.00 | 2.75% | 2.77% |
|
1 Year CD ** (six months' interest) |
$ 500.00 | $ 500.00 | 3.00% | 3.02% |
|
18 Month CD ** (nine months' interest) |
$ 500.00 | $ 500.00 | 3.10% | 3.12% |
|
2 Year CD ** (nine months' interest) |
$ 500.00 | $ 500.00 | 3.20% | 3.23% |
|
* Interest - Compounded at maturity, Paid at maturity ** Interest - Compounded semi-annually, Paid semi-annually |
||||
Notes:
¹ Minimum to Open an Account
² Daily Balance (the amount of principal in the account each day); Minimum Balance to Obtain APY.
³ APY (Annual Percentage Yield - Total yield after 365 days assuming interest is re-invested)
