Rates

APY = Annual Percentage Yield. Rates effective as of May 1, 2017. Fees may reduce earnings.

Premier Interest Checking

Balance Minimum Opening Deposit Rate APY
Tier 1 $0.00 - $1,499.99 $50 0.03% 0.03%
Tier 2 $1,500.00 - $24,999.99 0.04% 0.04%
Tier 3 $25,000.00 - $49,999.99 0.05% 0.05%
Tier 4 $50,000.00 - $99,999.99 0.07% 0.07%
Tier 5 $100,000.00+ 0.10% 0.10%

Checking Accounts

Account Minimum Opening Deposit Rate APY
50+ Free Interest Checking $50 0.03% 0.03%
VIP Free Interest Checking $50 0.03% 0.03%
Business Checking with Interest $50 0.03% 0.03%
Premier HSA $50 0.05% 0.05%

Personal Savings Accounts

Account Minimum Opening Deposit Rate APY
Savings Account $25 0.05% 0.05%
Red Apple Savings $10 0.05% 0.05%
Health Savings Account (up to $4,999.99) $50 0.05% 0.05%
Health Savings Account (over $5,000) $50 0.05% 0.05%
Christmas Club $5 0.05% 0.05%
IRA Savings $100 0.05% 0.05%

Personal Money Market Account

Balance Minimum Opening Deposit Rate APY
Tier 1 $0.00 - $4,999.99 $500 0.05% 0.05%
Tier 2 $5,000.00 - $24,999.99 0.05% 0.05%
Tier 3 $25,000.00 - $49,999.99 0.10% 0.10%
Tier 4 $50,000.00 - $99,999.99 0.15% 0.15%
Tier 5 $100,000.00+ 0.20% 0.20%

Certificates of Deposit

Term Minimum Opening Deposit Rate APY
3 Month $500 0.05% 0.05%
6 Month 0.70% 0.70%
12 Month 1.05% 1.05%
18 Month 1.10% 1.10%
24 Month 1.25% 1.25%
30 Month 1.25% 1.25%
36 Month 1.44% 1.45%
48 Month 1.49% 1.50%
60 Month 1.74% 1.75%

  • Early withdrawal penalties apply to Certificate accounts. Please make an inquiry to a Personal Banker.
  • Annual Percentage Yield assumes interest is redeposited and remains on deposit until maturity. A withdrawal of interest will reduce earnings.
  • Interest begins to accrue no later than the business day we receive credit for deposited noncash items (for example, checks).
  • We use the daily collected balance method to calculate interest on deposit accounts. This method applies a daily periodic rate to the collected balance in the account each day.
  • We use the daily balance method to calculate interest on certificates. This method applies a daily periodic rate to the principal in the account each day.
  • Interest is paid at maturity on certificates maturing in less than one year.
  • Interest is compounded and paid semi-annually on certificates with a maturity of one year or longer.
  • For variable rate accounts, the interest rate and APY may change after account opening.
  • Funds can be withdrawn on automatically renewable certificates within ten (10) calendar days after maturity without incurring a penalty, unless otherwise disclosed.
  • Interest is not paid after maturity unless the certificate has automatically renewed.
  • Fees could reduce the earnings on some accounts.