Rates

Effective: November 13, 2018

  Minimum
Deposit To
Open
Minimum
Daily Balance
To Obtain
Annual
Percentage
Yield
Interest RateAnnual
Percentage
Yield
CHECKING ACCOUNTS:
SmartEverydayN/A0.010.15%0.15%
Smart55N/A0.010.15%0.15%
Business Advantage PlusN/A1,000.000.05%0.05%
SMART CHECKING:
0.0025,000.00N/A0.01
25,000.01and aboveN/A0.01
If your daily balance is $25,000.00 or less, the interest rate paid on the entire balance will be 2.00% with an annual percentage yield of 2.02%. An interest rate of 0.05% will be paid only for that portion of your daily balance that is greater than $25,000.00. The annual percentage yield for this tier will range from 0.54% to 2.02%, depending on the balance in the account.
PRIME FUND:
0.0024,999.9910,000.000.000.00%0.00%
25,000.0099,999.9925,000.000.75%0.75%
100,000.00and above100,000.001.00%1.00%
MONEY MARKET:
0.002,499.99N/A0.010.10%0.10%
2,500.004,999.99N/A2,500.000.10%0.10%
5,000.009,999.99N/A5,000.000.15%0.15%
10,000.0024,999.99N/A10,000.000.20%0.20%
25,000.0074,999.99N/A25,000.000.25%0.25%
75,000.00and aboveN/A75,000.000.30%0.30%
SAVINGS: Passbook Savings Accounts & Youth Passbook Savings Accounts
0.004,999.9910.000.010.15%0.15%
5,000.009,999.995,000.000.20%0.20%
10,000.00and above10,000.000.25%0.25%
HEALTH SAVINGS ACCOUNTS
0.00999.99100.000.010.10%0.10%
1,000.004,999.991,000.000.15%0.15%
5,000.009,999.995,000.000.15%0.15%
10,000.00and above10,000.000.15%0.15%
VARIABLE RATE INDIVIDUAL RETIREMENT ACCOUNTS (IRA):
Traditional, Roth, Educ.5.000.011.00%1.00%

Time Certificates & Fixed Rates Individual Retirement Accounts (IRA)
Minimum balance to open – $1,500; Minors (Ages<18) & NPOs – $500 Minimum

Term in
Months
TiersInterest RateAnnual
Percentage
Yield
Term in
Months
TiersInterest
Rate
Annual
Percentage
Yield
31,500.00
10,000.00
30,000.00
9,999.99
29,999.99
and above
0.25%
0.35%
0.45%
0.25%
0.35%
0.45%
241,500.00
10,000.00
30,000.00
9,999.99
29,999.99
and above
1.15%
1.25%
1.35%
1.15%
1.26%
1.36%
61,500.00
10,000.00
30,000.00
9,999.99
29,999.99
and above
0.35%
0.40%
0.45%
0.35%
0.40%
0.45%
301,500.00
10,000.00
30,000.00
9,999.99
29,999.99
and above
1.50%
1.60%
1.75%
1.51%
1.61%
1.76%
121,500.00
10,000.00
30,000.00
9,999.99
29,999.99
and above
0.55%
0.60%
0.70%
0.55%
0.60%
0.70%
361,500.00
10,000.00
30,000.00
9,999.99
29,999.99
and above
2.75%
2.85%
3.00%
2.78%
2.88%
3.03%
181,500.00
10,000.00
30,000.00
9,999.99
29,999.99
and above
0.70%
0.75%
0.80%
0.70%
0.75%
0.80%

Specials:

Minimum balance to open - $5,000;Minors (Ages<18) & NPOs - $500 Minimum
17 Month5,000.0024,999.992.50%2.52%
25,000.0074,999.992.60%2.63%
75,000.00and above2.75%2.78%

Download Rates Sheet (PDF)

The interest rate and annual percentage yield earned on all accounts are set by bank management and may change from time to time without notice. The interest rate and annual percentage yield at which a Time Certificate or Fixed Rate IRA is opened is fixed for the term of that Time Certificate or Fixed Rate IRA unless otherwise stated. Penalty for early withdrawal will be assessed on Time Certificates and Fixed Rate IRAs. We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day. Fees may also reduce earnings. Contact a bank employee for further information about fees and applicable terms.