Deposit Rates

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Rates as of January 2nd, 2009

 Certificate Term1 Interest Rate2 APY3
30 to 89 Days .50% .50%
90 to less than 182 days 0.75% 0.75%
6 Months 1.15% 1.16%
12 Months 1.25% 1.26%
18 Months 1.50% 1.51%
24 Months 1.75% 1.76%
30 Months 1.75% 1.76%
36 Months 2.50% 2.53%
48 Months 2.75% 2.78%
   
Specials4    
32 Month COD Special 2.75% 2.78%
14 Month IRA Special 2.50% 2.53%
   
   
   

IRA Term5 Interest Rate2   APY6
12 Months 1.25% 1.26%
18 Months 1.50% 1.51%
24 Months 1.75% 1.76%
30 Months 1.75% 1.76%
36 Months 2.50% 2.52%
48 Months 2.75% 2.78%
IRA Variable7 1.25% 1.25%
     
Specials4
32 Month COD Special 2.75% 2.78%
14 Month IRA Special 2.50% 2.52%
     

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Minimum deposit $500.00, Rates are subject to early withdrawal penalty: If we consent to a request for a withdrawal that is otherwise not permitted you may have to pay a penalty. The penalty will be an amount equal to three months interest on the amount withdrawn. In certain circumstances such as death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty.
2 Rates are subject to change.
3(Annual Percentage Yield) compounded monthly
4 In order to receive the special, customer must have or open a checking account with a minimum deposit. of $500.00.  The new accounts will receive their first box of checks for free.
5 Minimum deposit $500.00
6 All IRA's compound quarterly.
7 Minimum deposit $50.00