Deposit Rates

Effective September 30, 2014

 

Type of Account Annual Percentage Yield Interest Rate Compounding Minimum Balance to Obtain APY
Savings 0.11% 0.11% Quarterly $250.00
Now 0.01% 0.01% Monthly $500.00
Hometown 0.01% 0.01% Monthly $1,000.00
Super Now 0.03% 0.03% Monthly $1,000.00
MMDA Personal 0.15% 0.15% Monthly $1,000.00
MMDA Non-Personal 0.10% 0.10% Monthly $2,500.00
TDOA IRA 0.25% 0.25% Quarterly $0.00

*Rate may change after the account is opened. Fees could reduce the earnings on the account.

COD-IRAs $1000-$99,999.99

APY Interest Rate
32-179 Days N/A N/A
180-364 Days 0.05% 0.05%
1 Year 0.15% 0.15%
2 Years 0.50% 0.50%
3 Years 0.80% 0.80%
4 Years 1.10% 1.10%
5 Years 1.15% 1.15%
7 Years 1.21% 1.20%

CODs $1000-$99,999.99

APY Interest Rate
32-179 Days 0.02% 0.02%
180-364 Days 0.05% 0.05%
1 Year 0.15% 0.15%
2 Years 0.50% 0.50%
3 Years 0.80% 0.80%
4 Years 1.10% 1.10%
5 Years 1.15% 1.15%
7 Years 1.20% 1.20%

*Rates change each Tuesday and there is a substantial interest penalty for early withdrawal.