|*Minimum Deposit on all CD’s $500.00|
|SHARE CERTIFICATES & IRA|
|IRA SHARE ACCOUNT||1.00%||1.01%|
*APR equals annual percentage rate
APY equals annual percentage yield
Fees may reduce earnings on the account, Please see the Fee Schedule. Dividend rates on Share Savings and Christmas Club accounts are variable and may change at the discretion of the Board of Directors.
Regular Share Savings accounts and Christmas Club accounts require a minimum balance of $5.00 to open the account.
You must maintain a balance of $5.00 in the account to earn the stated dividend. Accrued dividends will be forfeited should the account be closed before dividends are credited. Dividends will be posted to the account the last day of the quarter.
Share Certificates and IRA certificates will automatically renew for the original term at the stated rate in effect at the time of renewal. The following penalties may be imposed for early withdrawal:
- For Share Certificates with a term of less than one year, a penalty equivalent to one month’s accrued interest may be charged.
- For Share Certificates or IRA Certificates with a term of one year or more, a penalty equivalent to three month’s of accrued interest may be charged.
Rates are subject to change without notice — please call to confirm today’s rates.