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Consumer Deposit Rates
This Rate Summary Sheet contains information about interest rates and Annual Percentage Yields (“APYs”) for the consumer interest-bearing accounts we offer. The APYs listed below are estimates. Actual APYs and detailed terms will be disclosed at account opening.
Member FDIC | Effective: March 20, 2020
| Checking and Savings Accounts a | Daily Balance Tiers | Minimum Daily
Balance to Avoid Below-Minimum Balance Fee |
Minimum Opening Deposit | APY |
|---|---|---|---|---|
| MyRate Checking®b, c (Qualifying) | Less than or equal to $25,000 | None | $100 | 1.50% |
| (Qualifying) | Above $25,000 | None | $100 | 1.50% - 0.25%d |
| (Not Qualifying) | All Balances | None | $100 | 0.10% |
| CheckSmart™ Senior Plus b 55 and Older |
Less than $20,000 | $1,500 | $1,500 | 0.05% |
| $20,000 to $99,999.99 | $1,500 | $1,500 | 0.10% | |
| $100,000 to $249,999.99 | $1,500 | $1,500 | 0.15% | |
| $250,000 to $499,999.99 | $1,500 | $1,500 | 0.20% | |
| $500,000 to $999,999.99 | $1,500 | $1,500 | 0.25% | |
| $1 million and above | $1,500 | $1,500 | 0.30% | |
| CheckSmart™ Money Market b | Less than $20,000 | $1,000 | $1,000 | 0.20% |
| $20,000 to $99,999.99 | $1,000 | $1,000 | 0.30% | |
| $100,000 to $249,999.99 | $1,000 | $1,000 | 0.40% | |
| $250,000 to $499,999.99 | $1,000 | $1,000 | 0.45% | |
| $500,000 to $999,999.99 | $1,000 | $1,000 | 0.50% | |
| $1 million and above | $1,000 | $1,000 | 0.55% | |
| Statement Savings b | Less than $20,000 | $100 | $100 | 0.05% |
| $20,000 to $99,999.99 | $100 | $100 | 0.05% | |
| $100,000 to $249,999.99 | $100 | $100 | 0.10% | |
| $250,000 to $499,999.99 | $100 | $100 | 0.15% | |
| $500,000 to $999,999.99 | $100 | $100 | 0.20% | |
| $1 million and above | $100 | $100 | 0.25% | |
| KidSmart Savings b | Less than $1,000 | None | $10 | 0.20% |
| $1,000 and above | None | $10 | 0.20-0.05% d | |
| SaveSmart Direct®b | Less than $20,000 | $100 | $100 | 0.05% |
| $20,000 to $99,999.99 | $100 | $100 | 0.15% | |
| $100,000 to $249,999.99 | $100 | $100 | 0.25% | |
| $250,000 to $499,999.99 | $100 | $100 | 0.30% | |
| $500,000 to $999,999.99 | $100 | $100 | 0.35% | |
| $1 million and above | $100 | $100 | 0.40% |
| APYs for Certificates of Deposit (CDs) and Individual Retirement Arrangementsa, e, f | Less than $20,000 | $20,000 to $99,999.99 | $100,000 to $249,999.99 | $250,000 to $499,999.99 | $500,000 to $999,999.99 | $1 million and above |
|---|---|---|---|---|---|---|
| 3 Month CD | 0.20% | 0.25% | 0.30% | 0.40% | 0.50% | 0.60% |
| 6 Month CD | 0.25% | 0.30% | 0.40% | 0.55% | 0.65% | 0.75% |
| 12 Month CD/IRA | 0.30% | 0.35% | 0.50% | 0.70% | 0.80% | 0.90% |
| 12 Month Flex CDg | 0.25% | 0.30% | 0.45% | 0.65% | 0.75% | 0.85% |
| 18 Month CD | 0.40% | 0.45% | 0.60% | 0.85% | 0.95% | 1.05% |
| 18 Month Variable/IRAb, g, h | 0.35% | 0.40% | 0.55% | 0.80% | 0.90% | 1.00% |
| 24 Month CD/IRA | 0.55% | 0.60% | 0.80% | 1.05% | 1.15% | 1.25% |
| 36 Month CD | 0.55% | 0.60% | 0.80% | 1.05% | 1.20% | 1.30% |
| 48 Month CD | 0.60% | 0.70% | 0.90% | 1.15% | 1.30% | 1.40% |
| 60 Month CD/IRA | 0.65% | 0.80% | 1.00% | 1.25% | 1.40% | 1.50% |
| 72 Month CD/IRA | 0.70% | 0.90% | 1.10% | 1.35% | 1.50% | 1.75% |
a Fees may reduce the APY earned on an account.
b This is a variable-rate product; the interest rate and APY may change after the account is opened.
c To qualify for the higher rate with your MyRate Checking account: enroll in eStatements, log in to online banking at least once every 180 days, conduct at least one ACH transaction each month and use your VISA® debit card at least 12 times per calendar month for POS transactions that are at least $3 each. Transactions must post and clear by the last day of the calendar month to qualify for the higher interest rate and nationwide ATM-fee refunds up to $15 per calendar month.
d Depending on the balance in the account. Higher balances will produce lower APYs.
e A penalty may be imposed for early withdrawal of Certificates of Deposit and IRAs.
f All CDs except for the 18-month variable IRA have a minimum opening deposit of $500.
g You may make unlimited deposits to this account until maturity.
h This account has a minimum opening deposit of $10.
Commercial Deposit Rates
This Rate Summary Table contains information about interest yields for the commercial interest-bearing accounts we offer. The yields listed below are estimates. Actual yields and detailed terms will be disclosed at account opening.
Member FDIC | Effective: January 3, 2020.
| Checking and Savings Accountsa | Daily Balance Tiers | Minimum Daily Balance to Avoid Below-Minimum Balance Fee | Minimum Opening Deposit | Interest Yield |
|---|---|---|---|---|
| BizSmart™ Interestb | Less than $20,000 | $3,000c | $3,000 | 0.05% |
| $20,000 to $99,999.99 | $3,000c | $3,000 | 0.05% | |
| $100,000 to $249,999.99 | $3,000c | $3,000 | 0.10% | |
| $250,000 to $499,999.99 | $3,000c | $3,000 | 0.15% | |
| $500,000 to $999,999.99 | $3,000c | $3,000 | 0.20% | |
| $1 million to $4,999,999.99 | $3,000c | $3,000 | 0.25% | |
| $5 million and above | $3,000c | $3,000 | 0.30% | |
| BizSmart™ Money Marketb | Less than $20,000 | $1,000 | $1,000 | 0.20% |
| $20,000 to $99,999.99 | $1,000 | $1,000 | 0.30% | |
| $100,000 to $249,999.99 | $1,000 | $1,000 | 0.40% | |
| $250,000 to $499,999.99 | $1,000 | $1,000 | 0.45% | |
| $500,000 to $999,999.99 | $1,000 | $1,000 | 0.50% | |
| $1 million to $4,999,999.99 | $1,000 | $1,000 | 0.55% | |
| $5 million and above | $1,000 | $1000 | 0.65% | |
| BizSmart™ Savingsb | Less than $20,000 | $100 | $100 | 0.05% |
| $20,000 to $99,999.99 | $100 | $100 | 0.05% | |
| $100,000 to $249,999.99 | $100 | $100 | 0.10% | |
| $250,000 to $499,999.99 | $100 | $100 | 0.15% | |
| $500,000 to $999,999.99 | $100 | $100 | 0.20% | |
| $1 million to $4,999,999.99 | $100 | $100 | 0.25% | |
| $5 million and above | $100 | $100 | 0.30% | |
| Earnings Credit for Analyzed Accountsb | Less than $100,000 | n/a | n/a | 0.10% |
| $100,000 to $499,999.99 | n/a | n/a | 0.20% | |
| $500,000 to $999,999.99 | n/a | n/a | 0.25% | |
| $1 million to $4,999,999.99 | n/a | n/a | 0.30% | |
| $5 million and above | n/a | n/a | 0.30% |
| Certificates of Deposit (CDs)a | Less than $20,000 | $20,000 to $99,999.99 | $100,000 to $249,999.99 | $250,000 to $499,999.99 | $500,000 to $999,999.99 | $1 million and above |
|---|---|---|---|---|---|---|
| 3 Month CD | 0.20% | 0.25% | 0.30% | 0.40% | 0.50% | 0.60% |
| 6 Month CD | 0.25% | 0.30% | 0.40% | 0.55% | 0.65% | 0.75% |
| 12 Month CD | 0.30% | 0.35% | 0.50% | 0.70% | 0.80% | 0.90% |
| 12 Month Flex CD | 0.25% | 0.30% | 0.45% | 0.65% | 0.75% | 0.85% |
| 18 Month CD | 0.40% | 0.45% | 0.60% | 0.85% | 0.95% | 1.05% |
| 24 Month CD | 0.55% | 0.60% | 0.80% | 1.05% | 1.15% | 1.25% |
| 36 Month CD | 0.55% | 0.60% | 0.80% | 1.05% | 1.20% | 1.30% |
| 48 Month CD | 0.60% | 0.70% | 0.90% | 1.15% | 1.30% | 1.40% |
| 60 Month CD | 0.65% | 0.80% | 1.00% | 1.25% | 1.40% | 1.50% |
| 72 Month CD | 0.70% | 0.90% | 1.10% | 1.35% | 1.50% | 1.75% |
a These are yields and not rates. The rates may be lower.
b This is a variable-rate product; the interest rate may change after the account is opened.
c Minimum daily balance to avoid a fee is $3,000; but if the account maintains a $6,000 average monthly balance, then the below-minimum-balance fee will be waived.