All rates are subject to change at the Bank’s discretion based on current market conditions. These rates are effective July 15, 2020.
Regular CD Rates (Certificates of Deposit)*
|
Minimum Opening Deposit
|
Interest Rate
|
APY Annual Percentage Yield
|
Minimum Balance Required to Earn APY
|
|
| CD 30 Day | $500 | 0.05% | 0.05% | $500 |
| 3 Month | $500 | 0.10% | 0.10% | $500 |
| 6 Month | $500 | 0.15% | 0.15% | $500 |
| 12 Month | $500 | 0.25% | 0.25% | $500 |
| 18 Month | $500 | 0.25% | 0.25% | $500 |
| 24 Month | $500 | 0.25% | 0.25% | $500 |
| 36 Month | $500 | 0.30% | 0.30% | $500 |
| 48 Month | $500 | 0.35% | 0.35% | $500 |
| 60 Month | $500 | 0.45% | 0.45% | $500 |
*A penalty is imposed for early withdrawal from a CD. An exception applies for early withdrawals from a 30 day CD.
