Certificates of Deposit & IRA's
Effective date: August 1, 2019
| Product | Duration | Interest Rate | Minimum Opening Deposit | Annual Percentage Yield |
|---|---|---|---|---|
| 30 Day Certificates | 30 days | 0.20% | $2,500 | 0.20% |
| 90 Day Certificates | 90-179 days | 0.20% | $2,500 | 0.20% |
| 180 Day Certificates | 180-364 days | 0.35% | $2,500 | 0.35% |
| One Year Variable Rate IRA Savings | 1 year | 0.25% | $50 | 0.25% |
| 1 Year Certificates | 12-17 months | 0.60% | $500 | *0.60% |
| 15 Month Certificates and IRA | Special | 1.75% | $2,500 | *1.76% |
| 24 Month Certificates and IRA | - | 1.00% | $500 | *1.00% |
| 36 Month Certificates and IRA | - | 1.22% | $500 | *1.23% |
| 48 Month Certificates and IRA | - | 1.29% | $500 | *1.30% |
| 60 Month Certificates and IRA | - | 1.44% | $500 | *1.45% |
Penalty for early withdrawal
*APY for CDs one year or more are based on quarterly interest