Certificates of Deposit & IRA's
Effective date: March 19, 2020
| Product | Duration | Interest Rate | Minimum Opening Deposit | Annual Percentage Yield |
|---|---|---|---|---|
| 30 Day Certificates | 30 days | 0.10% | $2,500 | 0.10% |
| 90 Day Certificates | 90-179 days | 0.10% | $2,500 | 0.10% |
| 180 Day Certificates | 180-364 days | 0.20% | $2,500 | 0.20% |
| One Year Variable Rate IRA Savings | 1 year | 0.25% | $50 | 0.25% |
| 1 Year Certificates | 12-17 months | 0.35% | $500 | *0.35% |
| 15 Month Certificates and IRA | Special | 1.01% | $2,500 | *1.01% |
| 24 Month Certificates and IRA | - | 0.83% | $500 | *0.83% |
| 36 Month Certificates and IRA | - | 0.94% | $500 | *0.94% |
| 48 Month Certificates and IRA | - | 1.17% | $500 | *1.18% |
| 60 Month Certificates and IRA | - | 1.24% | $500 | *1.25% |
Penalty for early withdrawal
*APY for CDs one year or more are based on quarterly interest