Rate Board
Checking and Savings
| Account Product Name | Minimum Opening Deposit | Minimum Balance to Earn APY** | Interest Rate | APY** | ||
|---|---|---|---|---|---|---|
| NOW Checking Account | b | $100.00 | $1.00 | c | 0.00% | 0.00% |
| Passbook/Statement Savings | b | $10.00 | $100.00 | c | 0.35% | 0.35% |
| Christmas/Vacation Clubs | b | $1.00 | $1.00 | c | 0.35% | 0.35% |
| Kids’ Bank Savings | b | $0.01 | $0.01 | c | 0.60% | 0.60% |
Money Market Rates
| Account Product Name | Minimum Opening Deposit | Minimum Balance to Earn APY** | Interest Rate | APY** | |
|---|---|---|---|---|---|
| Balances up to $2,499.99 | b | $2,500.00 | $1.00 | 0.35% | 0.35% |
| Balances of $2,500.00 – $24,999.99 | b | $2,500.00 | $2,500.00 | 0.40% | 0.40% |
| Balances of $25,000.00 – $49,999.99 | b | $2,500.00 | $25,000.00 | 0.50% | 0.50% |
| Balances of $50,000.00 – $99,999.99 | b | $2,500.00 | $50,000.00 | 0.75% | 0.75% |
| Balances of $100,000.00 and over | b | $2,500.00 | $100,000.00 | 1.00% | 1.00% |
Health Savings Accounts
| Account Product Name | Minimum Opening Deposit | Minimum Balance to Earn APY** | Interest Rate | APY** | |
|---|---|---|---|---|---|
| Health Savings Account Up to $2,499.99 | b | $100.00 | $1.00 | 0.15% | 0.15% |
| Health Savings Account Balances of $2,500.00 – $9,999.99 | b | $100.00 | $2,500.00 | 0.20% | 0.20% |
| Health Savings Account Balances of $10,000.00 and over | b | $100.00 | $10,000.00 | 0.30% | 0.30% |
Certificates of Deposit
| Account Product Name | Minimum Opening Deposit | Minimum Balance to Earn APY** | Interest Rate | APY** | ||
|---|---|---|---|---|---|---|
| 91 Day CD | a | $2,500.00 | $2,500.00 | c | 0.25% | 0.25% |
| 6-Month CD | a | $2,500.00 | $2,500.00 | c | 0.50% | 0.50% |
| 1-year CD | a | $500.00 | $500.00 | c | 1.00% | 1.00% |
| 13 Month | a | $500.00 | $500.00 | c | 3.93% | 4.00% |
| 1 1/2 year CD | a | $500.00 | $500.00 | c | 1.24% | 1.25% |
| 1 1/2 year variable (IRA Only) | ab | $10.00 | $10.00 | c | 1.24% | 1.25% |
| 2-year CD | a | $500.00 | $500.00 $25,000.00 | c | 1.59% 1.84% | 1.60% 1.85% |
| 25 Month variable CD | ab | $500.00 | $500.00 $25,000.00 | c | 1.59% 1.84% | 1.60% 1.85% |
| 3-year CD | a | $500.00 | $500.00 $50,000.00 | c | 1.84% 2.08% | 1.85% 2.10% |
| 5-year CD | a | $500.00 | $500.00 $100,000.00 | c | 1.98% 2.23% | 2.00% 2.25% |
| Kids’ Bank Variable Rate 5 Year CD | ab | $250.00 | $250.00 | c | 1.00% | 1.00% |
All of the above fixed rate Certificates of Deposit are available within an IRA Plan. The minimum opening deposit for an IRA is $500.00 and the minimum balance to obtain the annual percentage yield is $500.00
**APY: Annual Percentage Yield
a) A penalty may be imposed for early withdrawal
b) The interest rate and annual percentage yield may change after account opening
c) Daily balance. The amount of the principal in the account each day. Fees could reduce the earnings on the account.