Saving Rates

Rates shown are current as of July 1, 2020 and are subject to change. Minimum balances indicated are required to earn Annual Percentage Yield (APY). Fees may reduce earnings on the accounts. Dividend Calculation Method: Average Daily Balance, Compounded Monthly. Contact us for details.

Savings Rates
Dividend Type Dividend Rate APY
Regular Share/Savings Minimum balance $5
$5+ .10% .10%
Money Market 1 Minimum balance $500
$500-$2000 .20% .20%
$2001-$20,000 .50% .51%
$2001-$20,000 1.00% 1.01%
IRA Share Savings Traditional, Roth or Coverdell Educational Savings Accounts
.30% .30%
Basic Checking
0% 0%
Reward Checking With basic requirements 2
$0-$20,000 2.90% 2.94%
$20,000 + .20% .20%
Share & IRA Certificates 3 Minimum balance $500
6 month certificate .85% .86%
1 year certificate 1.20% 1.21%
2 year certificate 1.25% 1.26%
3 year certificate 1.30% 1.31%
4 year certificate 1.50% 1.51%

Dividend Period: With the exception of Money Market Accounts, dividend payment postings for Shares/Share Certificates/IRAs/Club Accounts will be paid on the last day of each quarter.

Share Account Minimum Balance to Earn Dividends: With the exception of IRA Share Accounts, the minimum daily balance to earn a dividend for dividend-bearing accounts, is $50.00.

Money Market Draft Account (MMDA): Dividend will be paid on the last day of the month. The balance computation method for all Money Market dividend-bearing accounts will be by the Average Daily Balance method, which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period.

IRA Share Account: The minimum opening balance and the minimum balance to earn a dividend is $25.00.

Share Certificates Transaction Grace Period: For a period of 10 days from Share Certificate renewal date, a member may make changes or withdraw funds without being charged a penalty.

1 Money Market accounts are limited transaction accounts. Exceeding transactions limits may result in a fee.

2 Basic Requirements Per Month: 15 Debit Card transactions, one Direct Deposit, receive eStatements and use of Internet/Mobile Home Banking. If requirements are not met each month, the APY is .05%.

3 Certificates can be opened for Individual Retirement Accounts and Coverdell Education Savings Accounts. A penalty may be imposed for early withdrawal.

Click to view Share Account Truth in Savings Disclosure.