Personal Banking

Certificate of Deposit and IRA Rates

Rates as of June 14, 2018. Rates subject to change.

Certificate of Deposit (COD)

Open a 12 month, 18 month or 5 year account now.

COD Simple APY Compound APY Minimum Renewal Term
3 Month 0.11 0.11 $1,000.00 3 Months
6 Month 0.16 0.16 $1,000.00 6 Months
12 Month 0.31 0.31 $1,000.00 12 Months
15 Month Flex 0.36 0.36 $10,000.00 18 Months
18 Month 0.41 0.41 $1,000.00 18 Months
2 Year 0.56 0.56 $1,000.00 24 Months
2 Year Rising Rate 0.56 0.56 $1,000.00 24 Months
3 Year 0.81 0.81 $1,000.00 36 Months
4 Year 1.06 1.06 $1,000.00 48 Months
42 Month 1.02 1.02 $1,000.00 48 Months
5 Year 1.31 1.31 $1,000.00 60 Months

IRA Rates

IRA Simple APY Compound APY Minimum Renewal Term
6 Month - 0.16 $2,000.00 6 Months
12 Month - 0.31 $2,000.00 12 Months
18 Month - 0.41 $2,000.00 24 Months
2 Year - 0.56 $2,000.00 24 Months
3 Year - 0.81 $2,000.00 36 Months
5 Year - 1.31 $2,000.00 60 Months
Passbook TDOA - Three Year - 0.81 $250.00 36 Months

Daily Balance Computation Method
We use the Daily Balance method to calculate the interest on your account. This method applies a daily periodic rate to the full amount of principal in the account each day.

Accrual of Interest on Noncash Items
Interest begins to accrue on the business day you deposit noncash items (for example, checks).

Transaction Limitations
You may not make any deposits into your account before maturity. You may not make withdrawals of principal from your account before maturity.

Early Withdrawal Penalties
A penalty may be imposed for withdrawals before maturity. If your account has an original maturity of 12 months or less, your account may be charged an early withdrawal penalty in an amount equal to 90 days' interest. If your account has an original maturity of more than 12 months but less than 36 months, your account may be charged an early withdrawal penalty in an amount equal to 210 days' interest. If your account has an original maturity of more than 36 months, your account may be charged an early withdrawal penalty in an amount equal to 270 days' interest. This early withdrawal penalty may invade principal.

Rate Information
The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.