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 TypeMinimum Opening Deposit Required Minimum Balance to Achieve Stated APY*Interest RateAPY* /Quarterly CompoundingAPY* /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% 
* APY = Annual Percentage Yield
** 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