CD Rates
Rates for Certificates of Deposit & Individual Retirement Accounts*
| Description | Minimum to Open | Interest Rate | APY** | Compounding |
| 6 Month (CD Only)*** | $500 | 0.70% | 0.70% | Daily |
| 9 Month*** | $500 | 3.92% | 4.00% | Daily |
| 1 Year | $500 | 0.80% | 0.80% | Daily |
| 2 Years | $500 | 0.85% | 0.85% | Daily |
| 3 Years | $500 | 0.90% | 0.90% | Daily |
| 4 Years | $500 | 0.95% | 0.95% | Daily |
| 5 Years | $500 | 1.00% | 1.01% | Daily |
These certificates are a limited-time offer and the offer may be withdrawn at any time. The minimum deposit to open each certificate and to obtain the stated Annual Percentage Yield (APY) is $500.00. Rates are subject to change without notice. Rates quoted are fixed for the term of the certificate. The Bank reserves the right to accept deposits consistent with Bank policy and practice, which may include geographic and other restrictions. Additional information may be obtained by calling your local branch.
* All certificates are available as an Individual Retirement Account (IRA), with the exception of the 6 month certificate.
** Annual Percentage Yield (APY) assumes interest will remain on deposit until maturity. An early withdrawal will reduce earnings. A penalty will or may be imposed for early withdrawal. APY is accurate as of Latest Wednesday.
*** Although the terms for the 6 month and 9 month certificates are less than 1 year, the rate and APY are quoted on an annual basis.
Effective date: May 3, 2023
