Deposit Rates/FDIC Insurance Information



Effective 10/01/2014

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
0.10%
0.10%
($50.00 Minimum)
Now Checking
0.05%
0.05%
Business Checking
0.10%
0.10%
IRA Statement
0.35%
0.35%
Money Market
($2,500 Minimum)
0.15%
0.15%
($10,000 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.