Rates and Yields Current as of October 1st, 2024. This Rate Chart contains information about interest rates and annual percentage yields for some of the accounts we offer.
Savings Account Rates
| Account Type | Minimum Deposit | Daily Balance | Interest Rate | Annual Percentage Yield (APY) |
STATEMENT SAVINGS |
$25 | $200.00 | 0.40% | 0.40% |
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The interest rate and APY may change after account opening.
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Click to learn more about our Personal Savings or Commercial Savings Accounts.
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Checking Account Rates
| Account Type | Minimum Deposit | Daily Balance | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|---|
REGULAR CHECKING |
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| $200 | $400.00 – $2,499.99 | 0.05% | 0.05% | |
| $200 | $2,500.00 or more | 0.05% | 0.05% | |
INSURED E-Z ACCESS FUND |
$2,500 | $400.00 – $2,499.99 | 0.50% | 0.50% |
| $2,500 | $2,500.00 to $9,999.99 | 0.55% | 0.55% | |
| $2,500 | $10,000 or more | 0.60% | 0.60% | |
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The interest rate and APY may change after account opening.
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Click here to learn more about our Personal Checking or Commercial Checking Accounts.
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Certificates of Deposit
| Term | Minimum Deposit | Interest Rate | Annual Percentage Yield (APY) | |
|---|---|---|---|---|
91 DAY |
$500 | 3.00% | 3.03% | |
182 DAY |
$500 | 3.50% | 3.53% | |
1 YEAR |
$500 | 3.75% | 3.75% | |
2 YEARS |
$500 | 3.80% | 3.80% | |
3 YEARS |
$500 | 3.85% | 3.85% | |
5 YEARS |
$500 | 3.90% | 3.90% | |
7 YEARS |
$500 | 3.95% | 3.95% | |
10 YEARS |
$500 | 4.00% | 4.00% | |
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Click here to learn more about our Personal CDs or Commercial CDs.
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Individual Retirement Accounts
| Term | Minimum Deposit | Daily Balance | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|---|
18 MONTH VARIABLE RATE IRA(The interest rate and APY may change after account opening) |
$100 | $100 | 4.79% | 4.90% |
18 MONTH FIXED RATE IRA |
$100 | $100 | 3.80% | 3.85% |
1 YEAR IRA |
$250 | $250 | 3.75% | 3.75% |
2 YEAR IRA |
$250 | $250 | 3.80% | 3.80% |
3 YEAR IRA |
$250 | $250 | 3.85% | 3.85% |
5 YEAR IRA |
$250 | $250 | 3.90% | 3.90% |
7 YEAR IRA |
$250 | $250 | 3.95% | 3.95% |
10 YEAR IRA |
$250 | $250 | 4.00% | 4.00% |
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Click here to learn more about our IRAs.
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Jumbo Certificates of Deposit
| Term | Minimum Deposit | Daily Balance | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|---|
91 DAY |
$100,000 | $100,000 | 3.00% | 3.03% |
182 DAY |
$100,000 | $100,000 | 3.50% | 3.53% |
365 DAY |
$100,000 | $100,000 | 4.30% | 4.30% |
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Customers may request Jumbo Certificates of Deposit with maturities other than shown above. Interest rates and annual percentage yields will be subject to negotiation.
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Click here to learn more about our Personal CDs or Commercial CDs.
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NOTE:
- Rates are subject to change. For current rates call (313) 565-3100.
- Monthly interest checks available on principal balances of $10,000 or more.
- A penalty may be imposed for early withdrawal for all Certificate and IRA accounts listed above.
- Balances shown above are the minimum balances required to obtain the disclosed interest rate and annual percentage yield.
- Fees could reduce the earnings on these accounts.