Share Certificates & IRAs

Share Certificates

Share Certificates typically earn better dividend rates than traditional savings accounts and money markets. Get started with either a $500.00 or $5,000.00 opening deposit; rates of standard share certificates are tiered based on the balance.

Dividends are compounded daily. All share certificates can be viewed from Online Banking, and Mobile Banking.

Share Certificate Rates

Comparison table of Share Certificate Rates
Account Type Minimum Required Balance to Earn Interest Interest Rate APY* Penalty
3-5 Month $500.00 3.68% 3.75% Loss of 90 days' dividends
6-11 Month $500.00 3.44% 3.50% Loss of 90 days' dividends
12-17 Month $500.00 3.44% 3.50% Loss of 90 days' dividends
18-23 Month $500.00 3.20% 3.25% Loss of 180 days' dividends
24-35 Month $500.00 3.20% 3.25% Loss of 180 days' dividends
36-47 Month $500.00 3.44% 3.50% Loss of 180 days' dividends
48-59 Month $500.00 3.44% 3.50% Loss of 180 days' dividends
60 Month $500.00 3.44% 3.50% Loss of 180 days' dividends

Special Share Certificates

Our special share certificates do not have tiered rates:

  • Golden Year Certificate (60-month) — minimum balance of $5,000.00; 1 withdrawal allowed (loss of 90 days' dividends for each additional withdrawal)

Special Share Certificates Rates

Comparison table of Special Share Certificates Rates
Account Type Minimum Required Balance to Earn Interest Interest Rate APY* Penalty
60 Month Golden Year

Share Certificate

(must be 62 years of age or older)

$5,000.00 3.44% 3.50% No penalty for 1 withdrawal. Each additional withdrawal incurs a penalty equal to 180 days' dividends.

Savings Calculator

Individual retirement accounts (IRAs)

If you are looking for an easy way to start saving for retirement, our simple IRAs, Roth IRAs and SEPs will put you on the right path. Because our IRAs all feature fixed rates, they don’t fluctuate with the sometimes-volatile stock market.

Rates of standard IRAs are tiered based on the balance — from $500.00 to $5,000.00.  Dividends are compounded daily and posted every quarter.

Our team is happy to answer any questions before you begin or even if you’re well on your way. You can also use Online Banking, Mobile Banking and Telephone Banking to monitor your IRA.

IRA Share Certificate Rates

Comparison table of IRA Share Certificate Rates
Individual Retirement Account Minimum Required Balance to Earn Interest Interest Rate APY* Penalty
3-5 Month IRA $500.00 3.68% 3.75% Loss of 90 days' dividends
6-11 Month IRA $500.00 3.44% 3.50% Loss of 90 days' dividends
12-17 Month IRA $500.00 3.44% 3.50% Loss of 90 days' dividends
18-23 Month IRA $500.00 3.20% 3.25% Loss of 180 days' dividends
24-35 Month IRA $500.00 3.20% 3.25% Loss of 180 days' dividends
36-47 Month IRA $500.00 3.44% 3.50% Loss of 180 days' dividends
48-59 Month IRA $500.00 3.44% 3.50% Loss of 180 days' dividends
60 Month IRA $500.00 3.44% 3.50% Loss of 180 days' dividends

Retirement calculator

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