Certificates of Deposit | Effective Date - 10/22/2020 |
| Term | Minimum Balance Required | Rate** | A.P.Y. | | 6 to 11 months | $1,000 to $4,999.99 | 0.02% | 0.02*% | | 6 to 11 months | $5,000 to $9,999.99 | 0.08% | 0.08% | | 6 to 11 months | $10,000 to $24,999.99 | 0.13% | 0.13% | | 6 to 11 months | $25,000 to $100,000 | 0.15% | 0.15% | | 12 to 23 months | $1,000 to $4,999.99 | 0.06% | 0.06*% | | 12 to 23 months | $5,000 to $9,999.99 | 0.10% | 0.10% | | 12 to 23 months | $10,000 to $24,999.99 | 0.14% | 0.14% | | 12 to 23 months | $25,000 to $100,000 | 0.17% | 0.17% | | 24 to 35 months | $1,000 to $4,999.99 | 0.07% | 0.07*% | | 24 to 35 months | $5,000 to $9,999.99 | 0.13% | 0.13% | | 24 to 35 months | $10,000 to $24,999.99 | 0.15% | 0.15% | | 24 to 35 months | $25,000 to $100,000 | 0.18% | 0.18% | | 36 to 48 months | $1,000 to $4,999.99 | 0.13% | 0.13*% | | 36 to 48 months | $5,000 to $9,999.99 | 0.15% | 0.15% | | 36 to 48 months | $10,000 to $24,999.99 | 0.16% | 0.16% | | 36 to 48 months | $25,000 to $100,000 | 0.19% | 0.18% |
Substantial penalty is required for early withdrawal of funds from a certificate of deposit.
Method of compounding assumes a reinvestment of interest paid at the same rate and is compounded monthly except for those marked with an asterisk(*) which are compounded quarterly.
** Rates are subject to change at the banks discretion.
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Fees could reduce the earnings on an account.
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APY = Annual Percentage Yield
RATE = Interest Rate
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