Time Deposits Last Updated: July 25, 2023

5Account Product NameMinimum Opening DepositInterest RateAnnual PercentageYield (APY)
3-Month Certificate of Deposit1,2 $1,000

no

no

Balances Over $1,000

no

2.97% 3.00%
6-Month Certificate of Deposit1,2 $1,000

no

no

Balances Over $1,000

no

4.38% 4.45%
12-Month Certificate of Deposit1,2 $1,000

no

no

Balances Over $1,000

no

4.55% 4.65%
18-Month Certificate of Deposit1,2 $1,000

no

no

Balances Over $1,000

no

4.28% 4.35%
24-Month Certificate of Deposit1,2 $1,000

no

no

Balances Over $1,000

no

3.21% 3.25%
30-Month Certificate of Deposit1,2 $1,000

no

no

Balances Over $1,000

no

3.21% 3.25%
36-Month Certificate of Deposit1,2 $1,000

no

no

Balances Over $1,000

no

2.97% 3.00%
48-Month Certificate of Deposit1,2 $1,000

no

no

Balances Over $1,000

no

2.97% 3.00%
60-Month Certificate of Deposit1,2 $1,000

no

no

Balances Over $1,000

no

2.87% 2.90%
12-Month IRA Certificate of Deposit1,2 $1,000

no

no

Balances Over $1,000

no

4.55% 4.65%
24-Month IRA Certificate of Deposit1,2 $1,000

no

no

Balances Over 1,000

no

3.21% 3.25%

 

1. A penalty may be imposed for early withdrawal.

2. The minimum daily balance required to obtain the APY is $1,000.00. $1,000.00 for IRA Accounts. Fees could reduce the earnings on all accounts. We reserve the right at any time to require not less than 7 days’ notice in writing before any withdrawals from an interest-bearing account.