Deposit Rates/FDIC Insurance Information



Effective 04/01/2016

What is the insurance limit?
Deposits in checking accounts, savings accounts, money market savings accounts and Certificates of Deposit (CDs) are insured up to $250,000 per depositor under the FDIC's general deposit insurance rules. Deposits in bank individual retirement accounts (IRAs) are separately insured up to $250,000 per owner.

For more information about FDIC insurance coverage, visit www.fdic.gov. To learn more, contact the FDIC toll-free at 1.877.ASK.FDIC (1.877.275.3342) or visit www.fdic.gov.

 


Serving the Needs of the Community
Since 1873

 


Certificates of Deposit
($1,000 minimum)
(Penalty may be imposed for early withdrawal)

Term Interest Rate 

Annual Percentage Yield

4 - 6 months
0.25% 0.25%
7 - 12 months
0.40% 0.40%
13 - 24 months
0.45% 0.45%
25 - 42 months
0.80% 0.80%
36 month
(bump-up)
0.75% 0.75%
43 - 59 months 0.95% 0.95%
60 months  
1.24% 1.25%

Dividends Compounded Daily, credited monthly Substantial penalty for early withdrawal
*Annual Percentage Yield assumes funds remain
on deposit for one year or the term of the certificate if greater

Other Rates

  Interest Rate 

Annual Percentage Yield

Statement Savings ($50.00 Minimum)
0.10% 0.10%
Interest Checking
0.05% 0.05%
Business Interest Checking
0.10% 0.10%
IRA Statement
0.35% 0.35%
Money Market    
<$2,500 0.05% 0.05%
$2,500 Minimum 0.15% 0.15%
$10,00 Minimum 0.20% 0.20%
$25,000 Minimum 0.25% 0.25%
$50,000 Minimum
0.30% 0.30%

1. Fees or other conditions could reduce
the earnings. (See separate disclosure for
full details of minimum deposit requirements,
fees and applicable charges.