CD Rates
Effective Date: Sunday, Nov 28, 2021
| Term | Interest Rate | APY* |
|---|---|---|
| 3-month certificate | 0.20% | 0.20% |
| 6-month certificate | 0.25% | 0.25% |
| 12-month certificate | 0.30% | 0.30% |
| 18-month certificate | 0.35% | 0.35% |
| 24-month certificate | 0.40% | 0.40% |
| 36-month certificate | 0.45% | 0.45% |
| 48-month certificate | 0.50% | 0.50% |
| 60-month certificate | 0.65% | 0.65% |
*Annual Percentage Yields (APY) and Interest Rates may change at any time without notice and at the Bank’s discretion. Minimum opening deposit of $1,000 is required for all CDs except the 3-month certificate. Minimum deposit to open a 3-month certificate is $5,000. Stated minimum opening deposits are the minimum balances required to receive the stated APYs. Fees may reduce earnings. A penalty may be imposed for early withdrawal. The Bank reserves the right to institute or change maximum balance limits on monies on deposit by a depositor or in any specific account at any time. If balances exceed a maximum limit, the Bank reserves the right not to pay interest on the balance exceeding the maximum or to transfer the exceeding amount into a non-interest bearing account. We use the daily balance computation method to calculate interest on your accounts, This method applies a daily periodic rate to the principal in the account each day.