Certificates of Deposit
Certificates of Deposit, commonly known as CD’s, allow both a variety of terms and rates, permitting flexible investment choices.
Current Certificate of Deposit Rates
| Account Type | Minimum Opening Deposit | Required Minimum Balance to Achieve Stated APY* | Interest Rate | APY* /Quarterly Compounding | APY* /Monthly Compounding |
|---|---|---|---|---|---|
| 3 Month CD # | $500.00 | $500.00 | .10% | .10% | .10% |
| 6 Month CD # | $500.00 | $500.00 | .15% | .15% | .15% |
| 12 Month CD # | $500.00 | $500.00 | .20% | .20% | .20% |
| 18 Month Var. Rate CD / IRA ONLY # ** | $100.00 | $100.00 | .45% | .45% | N/A |
| 24 Month CD # | $500.00 | $500.00 | .30% | .30% | .30% |
| 36 Month CD # | $500.00 | $500.00 | .40% | .40% | .40% |
| 48 Month CD # | $500.00 | $500.00 | .50% | .50% | .50% |
| 60 Month CD # | $500.00 | $500.00 | .70% | .70% | .70% |
** The interest rate may change after account opening. Fees on the account could reduce earnings.
# A penalty may be imposed for withdrawal before maturity
Rates effective as of October 1, 2020
