CDs & IRAs

Information current as of: November 20, 2012

Minimum Opening Deposit $500

Certificates of Deposit & IRA Interest Rates
Term
Interest Rates
Annual Percentage Yield
91 Days
.15
.15
182 Days
.40
.40
12 Months
.50
.50
18 Months
.75 .75
24 Months
.85 .85
30 Months
1.00
1.00
36 Months
1.25
1.25
48 Months
1.35
1.35
60 Months
1.55 1.56

 

Interest rates are subject to change at our discretion. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you make your deposit. A penalty may be imposed for early withdrawal. A penalty may be waived in certain circumstances such as the death or incompetence of an owner of the account.

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