Share Rates
DEPOSIT RATES
as of 02/01/2018
SHARE ACCOUNTS

Share Type

Avg Daily Balance -
Minimum Required for Dividend
Dividend Rate

APY**

Regular

$20.00

0.350%

0.350%

Escrow

$20.00

0.350%

0.350%

Share Draft/Checking

$.01

0.200%

0.200%

IRA

$5.00

0.350%

0.350%

Roth IRA

$5.00

0.350%

0.350%

Christmas Club

$20.00

0.350%

0.350%

 

Share rates are anticipated each quarter, and are subject to revision by the Board of Directors.
Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period.
 
**APY = Annual Percentage Yield
 

SHARE CERTIFICATES*
as of 02/01/2018
 
Type
Term
Dividend Rate
APY**
Share Certificate
6 months
0.872%
0.875%
1 year
1.145%
1.150%
2 years
1.341%
1.350%
3 years
1.637%
1.650%
4 years
1.981%
2.000%
5 years
2.226%
2.250%

Type Term Dividend Rate APY**
IRA Certificate
(Traditional or Roth
6 months 0.872% 0.8750%
1 year 1.145% 1.150%
2 years 1.341% 1.350%
3 years 1.637% 1.650%
4 years 1.981% 2.00%
5 years 2.226% 2.250%

* $500 minimum deposit
* Early Withdrawal penalty: For 6 mo and 1 year Certificate is 30 days of dividends earned or all dividends earned, whichever is least.
* Early Withdrawal penalty: For 2-5 year Certificates is 90 days dividends or all dividends earned, whichever is least.
**APY = Annual Percentage Yield

   

 

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