Savings and CDs

Click here for all rates on Deposit Accounts

Savings Account

Dividends on the savings account are paid and compounded quarterly using the daily balance method of dividend calculation.

Additional Savings Account

You can set up separate accounts for special purposes, such as saving for a vacation or for Christmas.

Money Market Account

Our Money Market account is designed for people who want to earn a better yield on their savings without the restrictions of a certificate of deposit.  The dividend rate and yield are based on the account balance.  You are allowed three free withdrawals per month and you must open the account with a minimum deposit of $2,500.

Certificates of Deposit

Deposit money into a Certificate of Deposit to earn a higher dividend rate compared to a regular savings account.  The money will be locked in for the term that you choose and the dividends will be added to the account balance on a quarterly basis.

Early withdrawal penalties apply:

  • CD terms ≤ 1 year – Early withdrawal penalty is equal to 30 days’ worth of dividends.
  • CD terms > 1 year – Early withdrawal penalty is equal to 90 days’ worth of dividends.

Individual Retirement Account

IRAs are a safe and simple way to save money for your retirement.  We offer an IRA savings account with a varying dividend rate or you can purchase a IRA certificate of deposit and lock in the dividend rate for a specific term.

  • Traditional IRA
  • Roth IRA

See your tax advisor to determine which IRA is right for you and if it makes financial sense to convert your traditional IRA to a Roth IRA.

Federally Insured by NCUA

Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government through NCUA, the National Credit Union Association.