Deposit Rates

All rates and products subject to change without notice.

Checking Rates

Free Checking

Rates Effective: 6/15/2024

Free Checking Rates
Minimum Deposit to Open AccountInterest RateAnnual Percentage Yield**
$10.00N/AN/A

** The Annual Percentage Yield (“APY”) is a percentage rate reflecting the total amount of interest earned on an account, based on the interest rate and the frequency of compounding over a 365 or 366 day period and assumes that principal and interest remains on deposit for one year.

Co-op Green Checking

Rates Effective: 6/15/2024

Co-op Green Checking Account Rates
Minimum Deposit to Open AccountInterest RateAnnual Percentage Yield**
$10.00N/AN/A

** The Annual Percentage Yield (“APY”) is a percentage rate reflecting the total amount of interest earned on an account, based on the interest rate and the frequency of compounding over a 365 or 366 day period and assumes that principal and interest remains on deposit for one year.

Interest Rate on NOW Checking

Rates Effective: 6/15/2024

Interest Rates for the NOW Checking Account
Minimum Deposit to Open AccountInterest RateAnnual Percentage Yield**
$10.000.03%0.03%

** The Annual Percentage Yield (“APY”) is a percentage rate reflecting the total amount of interest earned on an account, based on the interest rate and the frequency of compounding over a 365 or 366 day period and assumes that principal and interest remains on deposit for one year.

Savings Rates

Statement Savings

Rates Effective: 6/15/2024

Statement Savings Account Rates
Minimum Deposit to Open AccountInterest RateAnnual Percentage Yield**
$10.000.05%0.05%
** The Annual Percentage Yield (“APY”) is a percentage rate reflecting the total amount of interest earned on an account, based on the interest rate and the frequency of compounding over a 365 or 366 day period and assumes that principal and interest remains on deposit for one year.

Money Market Rates

Locally Grown Money Market

Rates Effective: 6/15/2024

Rates for the Locally Grown Money Market
Balance and Rate TiersMinimum Deposit to Open AccountInterest RateAnnual Percentage Yield (APY)
$1,000 – $24,999.99$1,000.000.10%0.10%
$25,000 – $99,999.99$1,000.001.00%1.00%
$100,000 and greater$1,000.003.53%3.59%

Interest rate and APY in effect upon opening is guaranteed to remain the same through June 30, 2024, and is subject to change thereafter. This product is subject to end or change without notice, and can only be opened at bank branches. 

Money Market Max

Rates Effective: 6/15/2024

Rates for the Money Market Max Account
Balance and Rate TiersMinimum Deposit to Open AccountInterest RateAnnual Percentage Yield
$25,000 – $49,999.99$25,000 balance to open account.
$25,000 balance to earn interest.
0.10%0.10%
$50,000 – $99,999.99$25,000 balance to open account.
$25,000 balance to earn interest.
0.15%0.15%
$100,000 to $249,999.99$25,000 balance to open account.
$25,000 balance to earn interest.
0.15%0.15%
$250,000 and over$25,000 balance to open account.
$25,000 balance to earn interest.
0.25%0.25%

Money Market Savings

Rates Effective: 6/15/2024

Rates for the Money Market Savings Account
Balance and Rate TiersMinimum Deposit to Open AccountInterest RateAnnual Percentage Yield
$1,000 – $9,999.99$1,000.000.10%0.10%
$10,000 – 24,999.99$1,000.000.10%0.10%
$25,000 – $49,999.99$1,000.000.10%0.10%
$50,000 and greater$1,000.000.15%0.15%

CD Rates

Special CD Offerings

Rates Effective: 6/15/2024

Special CD Offering Rates
CD TypeMinimum Deposit to Open AccountInterest RateAnnual Percentage Yield**

15 Month CD

$500.003.75%3.82%

8 Month CD (not eligible for IRA)

$500.004.60%4.70%

7 Month CD (IRA only)

$5004.60%4.70%

** The Annual Percentage Yield (“APY”) is a percentage rate reflecting the total amount of interest earned on an account, based on the interest rate and the frequency of compounding over a 365 or 366 day period and assumes that principal and interest remains on deposit for one year.

Certificate of Deposit*

Rates Effective: 6/15/2024

Certificate of Deposit Rates*
TermMinimum Deposit to Open AccountInterest RateAnnual Percentage Yield**
3 Month$500.000.05%0.05%
6 Month ‘No Penalty’ CD (not eligible for IRA)1$500.000.15%0.15%
6 Month$500.000.15%0.15%
7 Month$500.000.15%0.15%
12 Month$500.000.20%0.20%
18 Month$500.000.25%0.25%
24 Month$500.000.30%0.30%
30 Month ‘One Up’ CD (not eligible for IRA)$500.000.35%0.35%
30 Month CD (IRA only)$500.000.35%0.35%
36 Month$500.002.50%2.53%
48 Month$500.000.50%0.50%
60 Month$500.000.90%0.90%

*A substantial penalty may be imposed for early withdrawal. All Certificates of Deposit are eligible for Individual Retirement Accounts unless indicated. Maximum of $500,000. Available for personal and business accounts in our local market area only. No brokered deposits accepted. ** The Annual Percentage Yield (“APY”) is a percentage rate reflecting the total amount of interest earned on an account, based on the interest rate and the frequency of compounding over a 365 or 366 day period and assumes that principal and interest remains on deposit for one year. 1 Withdrawals must be in amounts of $250.00 or more, and be seven (7) days from your last transaction or we will charge you a penalty equal to the loss of ninety-one (91) days of interest.

Individual Retirement Account (IRA) Rates

IRA Savings

Rates Effective: 6/15/2024

IRA Savings Account Rates
Minimum Deposit to Open AccountInterest RateAnnual Percentage Yield**
$10.000.15%0.15%

** The Annual Percentage Yield (“APY”) is a percentage rate reflecting the total amount of interest earned on an account, based on the interest rate and the frequency of compounding over a 365 or 366 day period and assumes that principal and interest remains on deposit for one year.