Deposit Rates

CD Special*

Effective Date: Friday, February 21, 2025

CD Special*

Program Term APY

CD Special

14 Months2.50%

Open an Account

CD Special

7 Months2.40%

Open an Account

*Annual percentage yield (APY) subject to change. Minimum deposit $1,000. Offer may be withdrawn at any time. A penalty will be imposed for early withdrawal. See Disclosure Statement for more information. This product is not eligible for an IRA.


BUMP-UP CD Special*

Effective Date: Friday, February 21, 2025

BUMP-UP CD Special*

ProgramTermAPY

BUMP-UP CD Special

35 Months2.00%

How To Open

* 2.00% Annual Percentage Yield (APY) for 35 months has one-time option for customer-initiated bump-up if rates rise during the term of the certificate. One certificate per household, $1,000 minimum to open. Penalty for early withdrawal equivalent to 6 months of interest. Interest is compounded continuously. At maturity, automatically renews at the current Dean Bank 12-month CD rate offered at time of renewal. Fees could reduce earnings.  Offer is limited and subject to change without notice.


ADD-ON CD Special*

Effective Date: Friday, February 21, 2025

ADD-ON CD Special*

Program Term APY

ADD-ON CD Special

29 Months2.40%

Open an Account

ADD-ON Retirement CD Special

29 Months2.40%

Open an Account

* 2.40% Annual Percentage Yield (APY) fixed for thirty-two month term effective as of June 28, 2018. $1,000 minimum to open. May add to CD in increments of $500 or more at any time, as many times as desired during the first twelve months of the CD term. Penalty for early withdrawal equivalent to six months interest. Fees could reduce earnings. At maturity, account will automatically renew to a 12-month CD at the then current APY. Offer is subject to change without notice.


CDs*

Effective Date: Friday, February 21, 2025

CDs*

Programs Term APY

CDs*

3 Months 0.25%

Open an Account

6 Months 0.30%

Open an Account

12 Months 0.45%

Open an Account

18 Months 0.55%
24 Months 0.77%
30 Months 0.92%
36 Months 1.03%
48 Months 1.30%
60 Months 1.40%

*Annual Percentage Yield (APY) assumes interest and principal remain on deposit for one year. A withdrawal will reduce earnings. Interest is credited on the last business day of the month. A penalty will be imposed for early withdrawal from a Certificate of Deposit. Fees could reduce earnings of the account. For certificates with terms up to 1 year, the minimum balance required to open the account and obtain the APY is $500.00, and the account pays simple interest. For certificates with terms of 1 year or more, the minimum balance required to open the account and obtain the APY is $500.00, and the interest is compounded continuously. For IRAs, the minimum balance required to open the account and obtain the APY is $100.00.


Fixed Rate IRA Special*

Effective Date: Friday, February 21, 2025

Fixed Rate IRA Special*

ProgramTermAPY

Fixed Rate IRA Special

14 Months2.50%How To Open

*Annual Percentage Yield (APY) assumes interest and principal remain on deposit for one year. A withdrawal will reduce earnings. Interest is credited on the last business day of the month. A penalty will be imposed for early withdrawal from a Certificate of Deposit. Fees could reduce earnings on the account. Interest is compounded continuously and the minimum balance to open the account and obtain the APY is $100.00


IRAs*

Effective Date: Friday, February 21, 2025

IRAs*

Programs Term APY

Fixed Rate IRAs

12 Months 0.45%

How To Open

18 Months 0.55%
24 Months 0.77%
30 Months0.92%
36 Months 1.03%
48 Months1.30%
60 Months 1.40%

*Annual Percentage Yield (APY) assumes interest and principal remain on deposit for one year. A withdrawal will reduce earnings. Interest is credited on the last business day of the month. A penalty will be imposed for early withdrawal from a Certificate of Deposit. Fees could reduce earnings of the account. For certificates with terms up to 1 year, the minimum balance required to open the account and obtain the APY is $500.00, and the account pays simple interest. For certificates with terms of 1 year or more, the minimum balance required to open the account and obtain the APY is $500.00, and the interest is compounded continuously.


Checking, Savings & Money Market Accounts*

Effective Date: Friday, February 21, 2025

Checking, Savings & Money Market Accounts*

ProgramMinimum Daily Balance to earn APYInterest Rate APY
NOW Checking Account $25.00 0.05%0.05% How To Open
Money Market Account$25.000.05%0.05%Open an Account
$2,500.000.15% 0.15%
Statement Savings$25.00 0.10% 0.10% Open an Account
Passbook Savings$25.00 0.10% 0.10% How To Open
Student Savings$1.00 0.10% 0.10%How To Open
Holiday$1.000.10%0.10%How To Open
Variable Rate IRA $100.000.15%0.15% How To Open
Club Accounts$1.000.10%0.10%How To Open

(Student Statement Savings Accounts are available only to students in participating elementary schools in conjunction with School Savings program; there are no monthly service fees.)

*The minimum balance required to earn the stated Interest Rate and Annual Percentage Yield (APY) on the Money Market Account is $2,500. If the balance is below $2,500 for any day, your account will earn our then current NOW Checking Account rate for that day. The minimum daily balance required to open accounts, earn interest and obtain the Annual Percentage Yield on the above accounts is $25 ($1 for Club Accounts and Student Savings).  For IRAs, the minimum balance required to open the account and obtain the APY is $100.00.

Interest is compounded monthly and credited on the last business day of each month. Fees could reduce the earnings of the account.

These are variable rate accounts where the interest rate and Annual Percentage Yield may change after the account is opened.


Preferred Savings*

Effective Date: Friday, February 21, 2025

Preferred Savings*

Program Minimum Daily Balance to earn APY APY
Preferred Savings Account* $25 0.10%

Open an Account

$5,000 0.10%
$15,000 0.20%
$30,000 0.25%
$45,0000.30%

*For Preferred Savings Accounts the minimum balance to open an account is $25. The minimum daily balance required to earn interest and obtain the Annual Percentage Yield is $25. Interest is compounded monthly and credited on the last business day of each month. Fees could reduce earnings of the account.


Premium Money Market*

Effective Date: Friday, February 21, 2025

Premium Money Market*

Program Minimum Daily Balance to earn APY APY
Premium Money Market *$250.10%

How To Open

$100,000 0.15%
$250,000 0.25%
$500,000 1.00%

*For Premium Money Market Accounts the minimum balance to open an account is $25. The minimum daily balance required to earn interest and obtain the Annual Percentage Yield is $25. Interest is compounded monthly and credited on the last business day of each month. Fees could reduce earnings of the account. These are variable rate accounts where the interest rate and Annual Percentage Yield may change after the account is opened.


Premium Money Market*

Effective Date: Friday, February 21, 2025

Premium Money Market*

Program Minimum Daily Balance to earn APY APY
Premium Money Market *$250.10%

How To Open

$100,000 0.15%
$250,000 0.25%
$500,000 1.00%

*For Premium Money Market Accounts the minimum balance to open an account is $25. The minimum daily balance required to earn interest and obtain the Annual Percentage Yield is $25. Interest is compounded monthly and credited on the last business day of each month. Fees could reduce earnings of the account. These are variable rate accounts where the interest rate and Annual Percentage Yield may change after the account is opened.