Certificate Rates (Regular & IRA)

 

Rates current as of October 1, 2016, and are subject to change without notice.

 Youth Add-On Certificate  1 Year Add-On Certificate  2-Year Add-On Certificate
Term: 1 Year
Rate: 0.55%
APY*: 0.55%
Term: 1 Year
Rate: 0.60%
APY*: 0.60%
Term: 2 Year
Rate: 0.95%
APY*: 0.95%
 Minimum Deposit: $100.00  Minimum Deposit: $500.00  Minimum Deposit: $500.00

  

 

 $1,000 to $249,999

 $250,000 or more

 Term  Rate  APY*  Rate  APY*
3 months 0.45 0.45 0.65 0.65
6 months 0.65 0.65 0.85 0.85
1 year 0.95 0.95 1.15 1.16
2 years 1.10 1.11 1.30 1.31
3 years 1.30 1.31 1.50 1.51
4 years     1.55 1.56 1.75 1.76
5 years 2.00 2.02 2.20 2.22

 

 

  Click here to view the Certificate Disclosure.


 *APY = Annual Percentage Yield. Fees may reduce earnings on the account. Dividends are paid from earnings after transfers to reserves. A penalty may be imposed for early withdrawal.

 

The Annual Percentage Yield for certificate terms less than (1) year is based on an assumption that dividends are posted and compounded at maturity and will remain in the account until maturity. The Annual Percentage Yield for certificate terms one (1) year or greater is based on an assumption that dividends are posted and compounded quarterly and will remain in the account until maturity. Any withdrawal will affect the APY calculation and result in reduced earnings. 
 

 Premier Checking and Heritage Club bonus certificate rates are available on Share Certificates and IRA Certificates. Add-on and promotional certificates are not eligible for a dividend bonus rate. Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.