Fixed Rate Certificates
of Deposit
Certificates of Deposit provide a safe and convenient way to
help meet your savings goals. Certificate terms are available from
90 days up to five years and require a $500 minimum investment.
Interest is paid monthly and you may withdraw the interest earned
at anytime, however, penalties apply if you withdraw any portion
of the principal balance before maturity.
Fixed rate certificates of deposit with maturities
under one year earn simple interest. Certificates with maturities
over one year earn monthly compounded interest.
 Upon
maturity you can choose to automatically renew your certificate
at the new rate, add to the balance, change the term, or withdraw
the funds.
Variable Rate Certificates of Deposit
Variable Rate Certificates of Deposit are available for a two-year
term and require a $500 minimum investment. The rate paid on these certificates is indexed to the Wall Street Prime Rate. The rate may change after account opening. The interest on variable rate
certificates is compounded daily, paid monthly and available at
anytime.
Penalties for early withdrawal apply if you withdraw
any portion of the principal balance before maturity.
Upon maturity you can choose to automatically
renew your certificate at the new rate, add to the balance, change
the term, or withdraw the funds.
All certificates of deposit are insured through
the FDIC and the DIF.
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Effective as of 07-02-2008
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Individual Retirement Account and Savings Certificate of Deposits
$500 Minimum Deposit Required to open the account and earn APY.
Early withdrawal penalties may be imposed
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Interest Rate
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Annual Percentage Yield
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CD - 2 month $500 to under $50,000 (60 days)
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0.50
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0.50
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CD - 2 month $50,000 to under $100,000 (60 days)
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1.74
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1.75
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CD - 2 month $100,000 and above (60 days)
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2.72
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2.75
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CD - 3 month $500 to under $50,000 (91 days)
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0.50
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0.50
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CD - 3 month $50,000 to under $100,000 (91 days)
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1.74
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1.75
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CD - 3 month $100,000 and above (91 days)
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2.72
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2.75
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CD - 5 month (152 days)
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3.20
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3.25
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CD - 6 month (182 days)
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2.98
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3.00
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CD - 9 month (273 days)
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2.99
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3.00
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CD - 11 month (334 days)
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2.96
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3.00
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CD - 1 year
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2.96
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3.00
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CD - 2 year
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2.96
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3.00
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CD - 3 year
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2.96
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3.00
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CD - 4 year
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2.96
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3.00
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CD - 5 year
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2.96
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3.00
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All rates are subject to change without
notice
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