Savings & CDs

Savings

Savings for your business financial goals should not be complicated! Our savings makes it simple and easy to establish a savings plan to fit your business financial goals.

  • Low minimum balance to avoid a monthly service charge
  • Low minimum balance to earn interest
  • Interest compounded daily, credited monthly
  • Free personalized deposit/withdrawal slips
  • Liquid and safe

Savings Rates

as of 11/12/2019 at 5:15 pm

Product Easy Access SavingsHoliday ClubMinor SavingsRegular Savings
Minimum Balance to Earn Interest $100$0$0$2,500$20,000$50,000$100,000$250,000$100$2,500$20,000$50,000$100,000$250,000
Interest Rate 0.20%0.20%0.20%0.20%0.25%0.25%0.25%0.30%0.20%0.20%0.25%0.25%0.25%0.30%
Annual Percentage Yield 0.20%0.20%0.20%0.20%0.25%0.25%0.25%0.30%0.20%0.20%0.25%0.25%0.25%0.30%
Product Minimum Balance to Earn Interest Interest Rate Annual Percentage Yield
Easy Access Savings $100 0.20% 0.20%
Holiday Club $0 0.20% 0.20%
Minor Savings $0 0.20% 0.20%
Minor Savings $2,500 0.20% 0.20%
Minor Savings $20,000 0.25% 0.25%
Minor Savings $50,000 0.25% 0.25%
Minor Savings $100,000 0.25% 0.25%
Minor Savings $250,000 0.30% 0.30%
Regular Savings $100 0.20% 0.20%
Regular Savings $2,500 0.20% 0.20%
Regular Savings $20,000 0.25% 0.25%
Regular Savings $50,000 0.25% 0.25%
Regular Savings $100,000 0.25% 0.25%
Regular Savings $250,000 0.30% 0.30%

Certificate Of Deposit (CDs)

For a higher degree of yield, we offer Certificates of Deposit available in maturities of three months to five years.

  • Guaranteed fixed rate for the term of the certificate
  • Choice of interest payment options
  • Low minimum deposits
  • Automatically renewable for your convenience
  • Competitive market rates
  • FDIC insured to the maximum allowed by law

CD Rates

as of 11/12/2019 at 5:15 pm

Term Minimum Balance to Open & Earn Interest Interest Rate Annual Percentage Yield
3 Months $2,500.00 0.25% 0.25%
6 Months $1,000.00 0.35% 0.35%
12 Months $500.00 1.49% 1.50%
18 Months $500.00 0.55% 0.55%
2 Years $500.00 0.80% 0.80%
3 Years $500.00 1.14% 1.15%
5 Years $500.00 1.49% 1.50%