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 January 6, 2010
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 1.40% 1.41%
6 Months $1,000 1.70% 1.71%
9 Months $1,000 1.80% 1.80%
12 Months $1,000 1.90% 1.95%

 

Investment Time Certificates of Deposit
Maturity Minimum
Balance		 Interest
Rate		 Annual
Percentage
Yield
18 Months $500 2.10% 2.16%
24 Months $500 2.35% 2.41%
30 Months $500 2.45% 2.52%
36 Months $500 2.50% 2.57%
42 Months $500 2.65% 2.72%
48 Months $500 2.75% 2.83%
54 Months $500 2.85% 2.93%
60 Months $500 3.00% 3.09%

 

Savings Accounts
Type Minimum
Balance		 Interest
Rate		 Annual
Percentage
Yield
Passbook $25 .50% .50%
Statement $25 .50% .50%
Christmas $10 .50% .50%
Galaxies $10 .50% .50%
Galaxies $100 .60% .60%
Junior $10 .50% .50%

 

Money Market Plus
Type Minimum
Balance		  Interest
Rate		 Annual
Percentage
Yield
Personal $100 0.75% 0.75%
Commercial $100 0.75% 0.75%

 

NOW Account
Type Opening
Deposit		 Interest
Rate		 Annual
Percentage
  Yield   
Personal $100 .25% .25%
Commercial $100 .25% .25%

 

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.

Effective October 3, 2008, all deposit accounts are insured up to $250,000 by the Federal Deposit Insurance Corporation. On May 20, 2009 the FDIC announced a revision to the October 3, 2008 temporary changes as follows:

"Deposits at FDIC-insured institutions are now insured up to at least $250,000 per depositor through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except for IRAs and other certain retirement accounts which will remain at $250,000 per depositor.

The deposit insurance extension announced on May 20, 2009, 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 June 30, 2010."

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