Certificate of Deposit (CD) Rates
| Certificate Accounts | Minimum Balance to Open | Rate | APY* |
|---|---|---|---|
| 7-month Certificate | $2,500 | 5.00 | 5.05 |
| 7-month IRA Certificate | $2,500 | 5.00 | 5.10 |
| 13-month Certificate | $1,000 | 4.50 | 4.58 |
| 13-month IRA Certificate | $1,000 | 4.50 | 4.58 |
| 91 Day Certificate | $2,500 | 0.10 | 0.10 |
| 182 Day Certificate | $2,500** | 0.40 | 0.40 |
| 1 Year Certificate | $1,000** | 0.50 | 0.50 |
| 2 Year Certificate | $1,000** | 0.60 | 0.60 |
|
3 Year Certificate
|
$1,000** | 0.70 | 0.70 |
| 4 Year Certificate | $1,000** | 0.80 | 0.80 |
| 5 Year Certificate | $1,000** | 0.90 | 0.90 |
Rates accurate as of 09/12/2023
*APY Annual Percentage Yield is calculated on a compounding quarterly basis or at maturity. IRA accounts are also available, subject to minimum deposit requirements. Fees may affect earnings. A penalty will be imposed for early withdrawals from Certificates of Deposit. For municipal deposit rates please see a Business Banker. Rates are subject to change at any time. For current rate information and full disclosures please call us: 877.822.7552
**Minimum balance to open an account is $100 for account holders under the age of 18.
Purpose First Money Market Rates
|
Balance
|
Rate | APY* |
|---|---|---|
| Above $500,000 | 5.00 | 5.12 |
| $300,000.00-$499,999.99 | 4.50 | 4.59 |
| $100,000.00-$299,999.99 | 3.50 | 3.56 |
| Below $100,000.00 | 2.00 | 2.02 |
Rates accurate as of 09/12/2023
*APY Annual Percentage Yield is calculated on a compounding monthly basis. A minimum balance of $10,000 is required to open and falling under $10,000 is subject to a $25 monthly fee. 6 debits per month, $10 fee for every additional debit. Fees may affect earnings. Rates are subject to change at any time.
Premium Money Market Rates
| Balance | Rate | APY* |
|---|---|---|
| Above $100,000 | 0.40 | 0.40 |
| $50,000.00-$99.999.99 | 0.20 | 0.20 |
| $25,000.00-$49,999.99 | 0.20 | 0.20 |
| $10,000.00-$24,999.99 | 0.10 | 0.10 |
| Below $10,000 | 0.05 | 0.05 |
Rates accurate as of 09/12/2023
*APY Annual Percentage Yield is calculated on a compounding monthly basis. A minimum balance of $10,000 is required to open and falling under $10,000 is subject to a $25 monthly fee.6 debits per month, $10 fee for every additional debit. Fees may affect earnings. Rates are subject to change at any time.
Super Fund Rates
| Balance | Rate | APY* |
|---|---|---|
| Above $10,000 | 0.10 | 0.10 |
| $2,500.00-$9,999.99 | 0.05 | 0.05 |
| Below $2,500 | 0.01 | 0.01 |
Rates accurate as of 09/12/2023
*APY Annual Percentage Yield is calculated on a compounding monthly basis. A minimum balance of $2,500 is required to open and falling under $2,500 is subject to a $25 monthly fee.10 debits per month, $10 fee for every additional debit. Fees may affect earnings. Rates are subject to change at any time.