Savings Rates
Share Deposit Rates
Effective July 1, 2018| Account Type | Rate | APY* |
|---|---|---|
| Shares | 0.05% | 0.05% |
| Drafts | 0.05% | 0.05% |
| Clubs | 0.05% | 0.05% |
| Escrow | 0.05% | 0.05% |
| ** Money Markets | 0.10% | 0.10% |
| IRA Savings | 0.25% | 0.25% |
APY=Annual Percentage Yield
Share rates (except Money Markets) are determined at the end of each calendar quarter for that quarter. The rates shown above were declared by the
Board of Directors at their June 2018 board meeting. They were paid June 30, 2018 for the 2nd Quarter 2018.
** Money Market Rates are paid monthly on the last day of the month.
Certificate Rates
Effective July 1, 2018| Certificate Type | Rate | APY* |
|---|---|---|
| 3-Month CD | 0.50% | 0.50% |
| 6-Month CD | 0.65% | 0.65% |
| 1-Year CD | 0.75% | 0.75% |
| 1 1/2-Year CD | 0.80% | 0.80% |
| 2-Year CD | 0.85% | 0.85% |
| 2 1/2-Year CD | 1.00% | 1.00% |
| 3-Year CD | 1.15% | 1.15% |
| IRA CD | 1.15% | 1.15% |
APY=Annual Percentage Yield
NOTE: Certificate rates reflect quarterly compounding. The monthly withdrawal of interest will result in a lower yield. A pre-mature withdrawal of principle will result in the assessment of an interest penalty. Rates are subject to change before being updated on this web page.
