Rates Effective 06.01.2017

Savings & Checking Accounts

TypeMinimum BalanceDividend RateAnnual Percentage Yield (APY)
Dividend Savings$250.100%0.100%
Dividend Club$250.100%0.100%
Dividend Checkingnone0.100%0.100%

Fixed Rate Term Share Certificates

Term in MonthsMinimum BalanceDividend RateAnnual Percentage Yield (APY)
3-6$2,5000.200%0.200%
7-12$2,5000.220%0.220%
13-17$5000.250%0.250%
18-23$5000.260%0.260%
24-35$5000.280%0.280%
36-60$5000.350%0.351%

Variable Rate1 Term Share Certificates

Term in MonthsMinimum BalanceDividend RateAnnual Percentage Yield (APY)
48-144$5001.903%1.920%

 

1. The dividend rate for this product is calculated by taking 1.00% (floor) plus the "High Rate" of the 91-Day Bill (13 week) Tresury Auction Results on the third week of the previous month. Variable Rate Certificates can change monthly on the 1st of the month. For example, if the "High Rate" announced by the treasury on 4/20/2017 (3rd week of the month) is 0.820%, then the effective Annual Percentage Yield (APY) for Variable Rate Certificates (both new issues and current certificates) on May 1, 2017 is 1.00% + 0.820% = 1.820%. Past and present Treasury Rates can be found here: https://www.treasurydirect.gov/instit/annceresult/press/preanre/preanre.htm