Rates

DEPOSIT RATES AS OF 10/07/2020

Certificates of Deposits (CD)

Account Type Minimum Deposit to Open Account Minimus Balance to Earn APY* Account Term Frequency of Interest Frequency Compounding Credit Interest Rate APY*
59 Month Special $500.00 $500.00 59 Months Quarterly Quarterly

Not offering at this time

Not offering at this time

91 Day CD $500.00 $500.00 91 days Maturity Maturity 0.10% 0.10%
6 Month CD $500.00 $500.00 182 Days Maturity Maturity 0.15% 0.15%
7 month special $500.00 $500.00 7 Months Maturity Maturity Not offering at this time Not offering at this time
11 month special $500.00 $500.00 11 Months Maturity Maturity

Not offering at this time

Not offering at this time

1 Year CD $500.00 $500.00 12 Months Quarterly Quarterly 0.25% 0.25%
13 Month Special $500.00 $500.00 13 Months Quarterly Quarterly Not offering at this time Not offering at this time
18 Month CD $500.00 $500.00 18 Months Quarterly Quarterly 0.30% 0.30%
2 Year CD $500.00 $500.00 24 Months Quarterly Quarterly 0.40% 0.40%
30 Month CD $500.00 $500.00 30 Months Quarterly Quarterly 0.40% 0.40%
3 year CD $500.00 $500.00 36 Months Quarterly Quarterly 0.50% 0.50%
4 year CD $500.00 $500.00 48 Months Quarterly Quarterly 0.60% 0.60%
5 year CD $500.00 $500.00 60 Months Quarterly Quarterly 1.00% 1.00%

*Annual Percentage Yield

Individual Retirement Accounts

Account Type Minimum Deposit to Open Account Minimus Balance to Earn APY* Interest Rate** APY*
13 Month IRA $50.00 $50.00 0.45% 0.45%
18 Month IRA $50.00 $50.00 0.30% 0.30%
18 Month IRA Variable** $50.00 $50.00 0.30% 0.30%
36 Month IRA $50.00 $50.00 0.50% 0.50%
36 Month IRA Variable** $50.00 $50.00 0.50% 0.50%

*Annual Percentage Yield
**Rate may change after account opening

Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity)

If your account has an original maturity of less than one year, the interest will be forfeited.

If your account has an original maturity of one year, the fee we may impose will equal 90 days interest on the amount withdrawn subject to penalty.

If your account has an original maturity of more than one Year: The fee we may impose will equal 180 days interest on the amount withdrawn subject to penalty.

In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. See your plan disclosure if the account is part of an IRA or other tax qualified plan.

Checking Accounts

Account Type Minimum Deposit to Open Account Minimum Balance to Earn APY* Account Term Frequency of Interest Frequency Compounding Credit Interest Rate** APY*
Save Check Checking $100.00 $750.00 N/A Monthly Monthly 0.05% 0.05%
Senior Excel Checking $100.00 $1.00 N/A Monthly Monthly 0.05% 0.05%
Business Interest Checking $100.00 $1,000.00 N/A Monthly Monthly 0.05% 0.05%

*Annual Percentage Yield
**Rate may change after account opening

Savings Accounts

Minimum Deposit to Open Account Minimum Balance to Earn APY* Account Term Frequency of Interest Frequency Compounding Credit Interest Rate** APY*
$100.00 $100.00 N/A Monthly Monthly 0.20% 0.20%

*Annual Percentage Yield
**Rate may change after account opening

Christmas Club

Minimum Deposit to Open Account Frequency of Interest Frequency
Compounding
Credit
Interest Rate** APY* Minimum Balance to Earn APY* Account Term
$5.00 Annually Annually 0.20% 0.20% $5.00 N/A

* Annual Percentage Yield
**Rate may change after account opening

Kids Club Savings

Minimum Deposit to Open Account Frequency of Interest Frequency
Compounding
Credit
Interest Rate** APY* Minimum Balance to Earn APY* Account Term
$5.00 Monthly Monthly 0.20% 0.20% $1.00 N/A

* Annual Percentage Yield
**Rate may change after account opening

Hometown Heroes Checking

Minimum to Open: Minimum to Earn APY: Frequency of Int Compounding Credit: Interest Rate APY
$50.00 $50.00 Monthly Monthly 0.20% 0.20%

Hometown Heroes Savings

Minimum to Open: Minimum to Earn APY: Frequency of Int Compounding Credit: Interest Rate APY
$50.00 $50.00 Monthly Monthly 0.20% 0.20%