Your Guide to Our Competitive Interest Rates and Account Options

 March 3, 2025
 
INTEREST CHECKING
Account Type  Minimum Deposit to Open Account Minimum Daily Balance to Obtain APY Interest Rate Annual Percentage Yield (APY)
Value Plus Interest Checking $50 $1 0.05% 0.05%
Business Value Plus Interest Checking $50 $1 0.05% 0.05%
IOLA (Business) $100 $1 2.00% 2.00%
 
MONEY MARKET
Account Type  Minimum Deposit to Open Account Minimum Daily Balance to Obtain APY Interest Rate  Annual Percentage Yield (APY) 
Money Market $250   0.50% 0.50%     
Premier Money Market $25,000 Tier1:$0-$24,9999.99 Tier2:$25,000-$49,999.99 Tier3:$50,000 & Above 0.50% 0.75%  0.80%  0.50%        0.75%        0.80%      
 
Business Premier Money Market $25,000 Tier1:$0-$24,999.99 Tier2:$25,000-$99,999.99 Tier3:$100,000 & Above 0.50%  0.75%   0.80%  0.50%      0.75%       0.80%       
Consumer Promo Money Market $25,000 Tier1:$0-$24,999.99           Tier2:$25,000 & Above     0.50%   2.00%    0.50%       2.02%      
Business Promo Money Market $25,000 Tier1:$0-$24,999.99            Tier2:$25,000 & Above      0.50%    2.00%  
0.50%   
2.02%   
 
SAVINGS
Account Type  Minimum Deposit to Open Account Minimum Daily Balance to Obtain APY  Interest Rate  Annual Percentage Yield (APY) 
High Yield Savings **Exclusive online** $5,000
3.92% 4.00%
Relationship Savings $250
0.10% 0.10%
Carver Savings $100
0.10% 0.10%
Youth Savings $10
0.10%
0.10%
Lease Security Manager (Business) $0.01
0.10% 0.10%
Lease Security Tenant (Business) $0.01
0.10% 0.10%
Savings Liquit IRA $100
0.10% 0.10%
 
CERTIFICATES OF DEPOSIT (CD)
Account Type  Minimum Deposit to Open Account Minimum Daily Balance to Obtain APY  Interest Rate  Annual Percentage Yield (APY)
91 day CD $2,500 $2,500+ 3.92% 4.00%
182 day CD $2,500 $2,500+ 3.68% 3.75%
11 Month CD $2,500 $2,500+ 3.68% 3.75%
12 Month CD $2,500 $2,500+ 1.75% 1.77%
18 Month      HI-Rise CD $2,500 $2,500 3.44% 3.50%
18 Month CD $1,000 $1,000+ 2.35% 2.38%
24 Month CD $1,000 $1,000+ 2.75% 2.79%
36 Month CD $1,000 $1,000+ 2.75% 2.79%
48 Month CD $1,000 $1,000+ 2.75% 2.79%
60 Month CD $1,000 $1,000+ 2.75% 2.79%
Jumbo CD $100,000 $100,000+ Negotiable Negotiable
 
IRA CERTIFICATES OF DEPOSIT (IRA CD)
Account Type  Minimum Deposit to Open Account Minimum Daily Balance to Obtain APY  Interest Rate  Annual Percentage Yield (APY)
12 Month IRA CD $2,500 $2,500+ 1.75% 1.77%
18 Month HI-Rise CD $2,500 $2,500 3.44% 3.50%
18 Month IRA CD $1,000 $1,000+ 2.35% 2.38%
24 Month IRA CD $1,000 $1,000+ 2.75% 2.79%
36 Month IRA CD $1,000 $1,000+ 2.75% 2.79%
48 Month IRA CD $1,000 $1,000+ 2.75% 2.79%
60 Month IRA CD $1,000 $1,000+ 2.75% 2.79%
 
 Important Notes:
  • Rates are subject to change at any time without prior notice at the Bank’s discretion.
  • Imposition of fees may reduce earnings on certain accounts.
  • For Certificates of Deposit (CDs), a penalty may be applied for early withdrawals.
  • Contact Details: