Current Interest Rates
Certificates of Deposit / IRAs
Savings / Interest Bearing Demand Deposits

Rates are current as of March 02, 2015
Rates are subject to change at any time.

DEPOSITS

 

Certificates of Deposit / IRAs
Maturity Minimum
Balance
Interest
Rate
Annual
Percentage
Yield
6 Months $1.000 0.25% 0.25%
12 Months $1,000 0.40% 0.41%
24 Months $500 0.65% 0.66%
36 Months $500 0.90% 0.92%
48 Months $500 1.05% 1.07%
60 Months $500 1.35% 1.38%

 

Savings / Interest Bearing Demand Deposits
Type Minimum
Balance
Interest
Rate
Annual
Percentage
Yield
Statement $50 0.05% 0.05%
Galaxies $10 0.05% 0.05%
Galaxies $100 0.10% 0.10%
Christmas $10 0.05% 0.05%
Junior $10 0.05% 0.05%
Money Mkt + $100 0.20% 0.20%
Regular NOW $100 0.05% 0.05%

 

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 would reduce the earnings on the account.

On Certificates of Deposit / IRAs a penalty may be imposed for early withdrawal.  Fees could reduce earnings. A.P.Y = Annual Percentage Yield.  Member FDIC.

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

Notice of Changes in Temporary FDIC Insurance Coverage For Transaction Accounts. By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an i8nsured depository institution including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category, For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit www.fdic.gov

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

Rates last changedf February 11, 2015