Certificates of Deposit

Current Rates - 08/22/2017

  PRODUCT RATE APY%*
CERTIFICATES      
  6 Month CD 0.25 0.25%
  12 month CD 0.50 0.50%
  18 Month CD 0.60 0.60%
  24 Month Bump up CD 0.75 0.75%
  30 Month CD 0.80 0.80%
  36 Month CD (Min $100)(Add-on) 0.90 0.90%
  48 Month Bump up CD 1.25 1.26%
  60 Month CD 1.78 1.80%
  13-17 Month CD ($10,000 min) 0.70 0.70%
  19-23 Month CD ($10,000 min) 1.20 1.21%
       
       

  * APY refers to Annual Percentage Yield

     No out of state deposits are currently being accepted.

 6 month CD

  • Minimum opening deposit/balance: $1,000.00
  • Interest compounded daily, credited monthly
  • Three options for interest distribution:
    • Compound (Leave in the account)
    • Transfer to another account
    • Have a check mailed if $10.00 or more
  • 7 Grace days at maturity
  • A penalty may be imposed for early withdrawal

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12 month CD

  • Minimum opening deposit/balance: $1,000.00
  • Interest compounded daily, credited monthly
  • Three options for interest distribution:
    • Compound (Leave in the account)
    • Transfer to another account
    • Have a check mailed if $10.00 or more
  • 7 Grace days at maturity
  • A penalty may be imposed for early withdrawal

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18 month CD

  • Minimum opening deposit/balance: $1,000.00
  • Interest compounded daily, credited monthly
  • Three options for interest distribution:
    • Compound (Leave in the account)
    • Transfer to another account
    • Have a check mailed if $10.00 or more
  • 7 Grace days at maturity
  • A penalty may be imposed for early withdrawal

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24 month Bump-up CD

  • Minimum opening deposit/balance: $1,000.00
  • Interest compounded daily, credited monthly
  • Three options for interest distribution:
    • Compound (Leave in the account)
    • Transfer to another account
    • Have a check mailed if $10.00 or more
  • 7 Grace days at maturity
  • A penalty may be imposed for early withdrawal
  • Rate may be increased two (2) times during the term

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30 month CD

  • Minimum opening deposit/balance: $1,000.00
  • Interest compounded daily, credited monthly
  • Three options for interest distribution:
    • Compound (Leave in the account)
    • Transfer to another account
    • Have a check mailed if $10.00 or more
  • 7 Grace days at maturity
  • A penalty may be imposed for early withdrawal

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36 month CD – “Add on” feature

  • $100 to open account
  • Interest compounded daily, credited monthly
  • Three options for interest distribution:
    • Compound (Leave in the account)
    • Transfer to another account
    • Have a check mailed if $10.00 or more
  • 7 Grace days at maturity
  • A penalty may be imposed for early withdrawal
  • You may make unlimited deposits of $100.00 or more

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48 month Double Bump-up CD

  • Minimum opening deposit/balance: $1,000.00
  • Interest compounded daily, credited monthly
  • Three options for interest distribution:
    • Compound (Leave in the account)
    • Transfer to another account
    • Have a check mailed if $10.00 or more
  • 7 Grace days at maturity
  • A penalty may be imposed for early withdrawal
  • Rate may be increased four (4) times during the term

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60 month CD

  • Minimum opening deposit/balance $1,000.00
  • Interest compounded daily, credited monthly
  • Three options for interest distribution:
    • Compound (Leave in the account)
    • Transfer to another account
    • Have a check mailed if $10.00 or more
  • 7 Grace days at maturity
  • A penalty may be imposed for early withdrawal

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13-17 month CD

  • Minimum opening deposit/balance: $10,000.00
  • Interest compounded daily, credited monthly
  • Three options for interest distribution:
    • Compound (Leave in the account)
    • Transfer to another account
    • Have a check mailed if $10.00 or more
  • 7 Grace days at maturity
  • A penalty may be imposed for early withdrawal
  • Negotiable term from 13 to 17 months 

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19-23 month CD

  • Minimum opening deposit/balance: $10,000.00
  • Interest compounded daily, credited monthly
  • Three options for interest distribution:
    • Compound (Leave in the account)
    • Transfer to another account
    • Have a check mailed if $10.00 or more
  • 7 Grace days at maturity
  • A penalty may be imposed for early withdrawal
  • Negotiable term from 19 to 23 months 

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