Benefits

  • No minimum initial deposit required
  • Pays interest when you maintain a minimum account balance of $20.00
  • Interest is compounded daily and credited monthly
  • No monthly maintenance fees
  • Allows contributions and distributions at any time with no BANK penalty
  • Quarterly account statements

Current Rates

Effective Date: Tuesday, November 4, 2025

IRA & CDs

Interest Rate APY
IRA Savings ($20.00 and over)***0.39920%0.40%

* Minimum deposit required to open the account is $500.

** Interest rate and APY may change daily after the account is opened. Minimum deposit of $250.00 required to open an account and obtain the APY. Term of account is 18 months.

*** Interest rate and APY may change daily after the account is opened.

Early withdrawal penalties apply. A withdrawal of interest may reduce earnings. Interest is compounded daily.