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Rates

Deposit Rates

Below you will find tables showing our deposit rates for Certificates of Deposit, CD Specials, Money Market Prime Accounts and Checking or Savings Accounts. If you have any questions about our rates, feel free to contact us.
Term  Minimum Deposit Interest Rate APY*
6 Months $1000 1.00% 1.00%
12 Months (Additions Permitted) $500 1.30% 1.30%
18 Months
$500
1.40% 1.40%
24 Months $500 1.60% 1.60%
30 Months $500 1.65% 1.65%
36 Months $500 1.75% 1.75%
48 Months $500 2.05%  2.05%
60 Months $500 2.20% 2.20%
 
  • APY* = Annual Percentage Yield
  • Interest rates are effective as of September 9, 2019
  • There is a penalty for early withdrawal of CD's
  • All CDs are on annual compounding except 6 month CDs which are semi-annual compounding 
Term Minimum Deposit to Open Interest Rate APY*
7 months $500 2.00% 2.02%
24 Months (Legacy CD) $20 2.20% 2.20%




  • *APY = Annual Percentage Yield
  • interest rates are effective as of September 6, 2019
  • There is a penalty for early withdrawal of CDs
  • All CDs are on annual compounding except 6 month CDs which are semi-annual compounding
  • Legacy CD-Additions are permitted, Minimum amount per additional deposit is $20. The original deposit amount and any additions cannot exceed $2,000 dollars annually, Must be a minor under the age of 18 and opened by a responsible adult as custodian on the account. Penalty may be imposed for early withdrawal
Tiers Interest Rate APY*
$50,000 and above 1.00% 1.00%
$25,000 to $49,999 0.65% 0.65%
$5,000 to $24,999 0.50% 0.50%
0 to $4,999 0.40%
0.40%
  • *APY = Annual Percentage Yield
  • Interest rates are effective as of September 23, 2019. 
  • Fees may reduce earnings.
  • Money Market Prime is based on monthly compounding.
  • Interest rates may change after the account is opened.
  • Minimum deposit to open is $100.00
Account Types Minimum Deposit to Open Interest Rate APY*
VelocitE Rewards Checking $100 3.00% paid on daily balance up to $25,000 3.04%


.50% paid on daily balance above $25,000 0.51%


.05% paid on daily balance if requirements are not met 0.05%
Relationship Checking $100 0.25% 0.25%
Regular Savings $100 0.30% 0.30%
Christmas Club
1.50% 1.50%
Pay Yourself First Savings Min. deposit of $25 per month =Lowest Tier MM Acct. 0.55%

Balance over $25,000 =Highest Tier MM Acct. 1.15%
  • *APY = Annual Percentage Yield
  • Interest rates are effective as of August 8, 2019. 
  • Interest rates may change after the account is opened.
  • Fees may reduce earnings.
  • VelocitE Rewards Checking interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.  Interest will be credited into the account monthly.  To receive the high annual percentage yield, you must perform 10 point of sale debit card transactions(pin or signature based); have one direct deposit or one automatic payment (ACH) from your account; and enroll & receive e-statements by secure email.  If you do not meet the minimum monthly activity requirements during a statement cycle, your account balance will earn the interest rate based on your balance for the last day in the statement cycle only and an interest rate of .05% for the remaining days in the cycle.  The annual percentage yield (APY) will range from .06% to .51%.   This account is available to personal accounts only.
  • Relationship Checking is based on monthly compounding.
  • Regular Savings is based on quarterly compounding.
  • Pay Yourself First Savings is based on quarterly compounding.