Certificates of Deposit | Effective Date - 8/6/2020 |
| Term | Minimum Balance Required | Rate** | A.P.Y. | | 6 to 11 months | $1,000 to $4,999.99 | 0.05% | 0.05*% | | 6 to 11 months | $5,000 to $9,999.99 | 0.14% | 0.14% | | 6 to 11 months | $10,000 to $24,999.99 | 0.21% | 0.21% | | 6 to 11 months | $25,000 to $100,000 | 0.23% | 0.23% | | 12 to 23 months | $1,000 to $4,999.99 | 0.11% | 0.11*% | | 12 to 23 months | $5,000 to $9,999.99 | 0.18% | 0.18% | | 12 to 23 months | $10,000 to $24,999.99 | 0.22% | 0.22% | | 12 to 23 months | $25,000 to $100,000 | 0.25% | 0.25% | | 24 to 35 months | $1,000 to $4,999.99 | 0.14% | 0.14*% | | 24 to 35 months | $5,000 to $9,999.99 | 0.23% | 0.23% | | 24 to 35 months | $10,000 to $24,999.99 | 0.27% | 0.27% | | 24 to 35 months | $25,000 to $100,000 | 0.28% | 0.28% | | 36 to 48 months | $1,000 to $4,999.99 | 0.23% | 0.23*% | | 36 to 48 months | $5,000 to $9,999.99 | 0.28% | 0.28% | | 36 to 48 months | $10,000 to $24,999.99 | 0.29% | 0.29% | | 36 to 48 months | $25,000 to $100,000 | 0.30% | 0.30% |
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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