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Dividend Rates

Effective September 1, 2010

Account

Dividend Rate

APY**

Savings Account   .50%   .50%
Christmas Club 1.00% 1.00%
Vacation Club  .50%  .50%
IRA Savings (Traditional, Roth, Coverdell Education) 2.50% 2.53%
Checking  .25%  .25%
   

Customized Share & IRA Certificate Rates

Minimum deposit - $500.00
Penalty for early withdrawal

Certificate Term

            Dividend Rate

APY**

3 Months to 5 Months  .500%  .50%
6 Months to 11 Months  .750%  .75%
12 Months to 23 Months 1.000%

1.00%

24 Months to 35 Months 1.375% 1.38%
36 Months to 47 Months 1.750% 1.76%
48 Months to 59 Months 2.750% 2.78%
60 Months 3.000% 3.04%

 

** APY - Annual Percentage Yield, Minimum balance required to earn APY is $5.00, Minimum Opening Deposit for savings account is $5.00, Minimum Opening Deposit for a checking account is $25.00

Please note:  Rates may be changed at any time without prior notification.

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