IRA Rates
Rates and yields are effective as of Monday, January 30, 2023.
Fixed Rates
| 6-11 Month | |
|---|---|
| Minimum Balance to Obtain Annual Percentage Yield* | $500 |
| Interest Rate | 0.15 % |
| Annual Percentage Yield | 0.15 % |
| 12-17 Month | |
|---|---|
| Minimum Balance to Obtain Annual Percentage Yield* | $500 |
| Interest Rate | 0.25 % |
| Annual Percentage Yield | 0.25 % |
| 18-23 Month | |
|---|---|
| Minimum Balance to Obtain Annual Percentage Yield* | $500 |
| Interest Rate | 0.35 % |
| Annual Percentage Yield | 0.35 % |
| 24-35 Month | |
|---|---|
| Minimum Balance to Obtain Annual Percentage Yield* | $500 |
| Interest Rate | 0.40 % |
| Annual Percentage Yield | 0.40 % |
| 36-47 Month | |
|---|---|
| Minimum Balance to Obtain Annual Percentage Yield* | $500 |
| Interest Rate | 0.55 % |
| Annual Percentage Yield | 0.55 % |
| 48-59 Month | |
|---|---|
| Minimum Balance to Obtain Annual Percentage Yield* | $500 |
| Interest Rate | 0.80 % |
| Annual Percentage Yield | 0.80 % |
| 60-Month | |
|---|---|
| Minimum Balance to Obtain Annual Percentage Yield* | $500 |
| Interest Rate | 0.95 % |
| Annual Percentage Yield | 0.95 % |
* Minimum opening deposit of $500.00
Account Terms
The following account terms apply to all accounts in this category unless otherwise marked:
Annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
The interest rate for your account will be paid until the maturity date of your certificate.
This account will automatically renew at maturity. You will have ten (10) calendar days from the maturity date to withdraw your funds without being charged a penalty.
Once opened, you may not make deposits into or withdrawals from this account until the maturity date.
Interest begins to accrue no later than the business day you deposit noncash items (i.e., checks).
If any of the deposit is withdrawn before the maturity date, a penalty will be imposed.
Interest will be calculated on the daily balance method. This method applies a daily periodic rate to the principal in the account each day.
An interest penalty may be assessed if a certificate of deposit is withdrawn before the maturity date.