Current Interest Rates
Money Market Time Certificates of Deposit / Investment Time Certificates of Deposit /
Savings Accounts / Money Market Plus / NOW Account

Rates are current as of November 11, 2011
Rates are subject to change at any time.

DEPOSITS

 
Money Market Time Certificates of Deposit
Maturity Minimum
Balance		 Interest
Rate		 Annual
Percentage
Yield
3 Months $1,000 0.35% 0.35%
6 Months $1,000 0.45% 0.45%
9 Months $1,000 0.60% .060%
12 Months $1,000 0.75% 0.76%

 

Investment Time Certificates of Deposit
Maturity Minimum
Balance		 Interest
Rate		 Annual
Percentage
Yield
18 Months $500 1.00% 1.02%
24 Months $500 1.25% 1.28%
30 Months $500 1.50% 1.53%
36 Months $500 1.75% 1.79%
42 Months $500 1.75% 1.79%
48 Months $500 2.00% 2.05%
54 Months $500 2.00% 2.05%
60 Months $500 2.25% 2.31%

 

Savings Accounts
Type Minimum
Balance		 Interest
Rate		 Annual
Percentage
Yield
Passbook $25 .35% .35%
Statement $25 .35% .35%
Christmas $10 .35% .35%
Galaxies $10 .35% .35%
Galaxies $100 .40% .40%
Junior $10 .35% .35%

 

Money Market Plus
Type Minimum
Balance		  Interest
Rate		 Annual
Percentage
Yield
Personal $100 0.50% 0.50%
Commercial $100 0.50% 0.50%

 

NOW Account
Type Opening
Deposit		 Interest
Rate		 Annual
Percentage
  Yield   
Regular $100 .20% .20%
Commercial $100 .20% .20%

 

Additional Information


At our discretion, interest rates and annual percentage yields paid to you on a Savings, Money Market Plus, or NOW account may change at any time without notice. In addition, your account may be subject to fees which could reduce the earnings on the account.

On Money Market and Investment Certificates there is a substantial penalty for early withdrawal.

 On July 21, 2010, President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law, which, in part, permanently raises the current standard maximum deposit insurance amount (SMDIA) to $250,000. The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category. Consumers and bankers can find additional information regarding FDIC’s deposit insurance coverage through the use of the FDIC’s Electronic Deposit Insurance Estimator (EDIE) and deposit insurance publications located on the FDIC’s website “Are My Deposits Insured?” In addition, they can call the FDIC at 1-877-ASK-FDIC (1-877-275-3342).

For more information, visit: www.fdic.gov/news/news/press/2010/pr10161.html
The deposit insurance changes announced (above) on July 21, 2010, does not apply to the Transaction Account Guarantee Program. The unlimited coverage under the Transaction Account Guarantee Program is only in effect for depositors at participating institutions through December 31, 2010."

For more information on deposit insurance, visit the FDIC's web site.