Deposit Rates
EFFECTIVE – January 24, 2023
Rates are subject to change without notice.
The minimum amount to open a share savings account is $5.00. To open a share draft, club account, or certificate you must have a share savings with a minimum balance of $5.00.
*APY – Annual Percentage Yield
** Funds Available on the first business day in October
*** Premier Account Rates – Personal Accounts Only – Minimum of $5000.00 must be maintained in your Premier Checking account to receive Premier Checking, Savings, IRA, And Share Certificate Rates.
Share Savings, Share Draft, and Club Accounts
| Account Type | Dividends compounded | Minimum Amount to Receive Dividends | Dividend Rate | APY* |
|---|---|---|---|---|
| Share Savings (21 and over) | Monthly | $100.00 | 0.15% | 0.15% |
| Share Savings (Under 21) | Monthly | $5.00 | 0.15% | 0.15% |
| Open Club (21 and over) | Monthly | $100.00 | 0.15% | 0.15% |
| Open Club (Under 21) | Monthly | $5.00 | 0.15% | 0.15% |
| Christmas Club** | Monthly | Not Applicable | 1.00% | 1.00% |
| Tax & Insurance Club | Monthly | $100.00 | 0.15% | 0.15% |
| IRA Club Savings | Monthly | Not Applicable | 3.00% | 3.04% |
| Kangaroo Kids Club Junior Savers Teen Cents Club | Monthly | $5.00 | 0.20% | 0.20% |
| Basic Checking (Share Draft) | N/A | Not Applicable | N/A | N/A |
| Preferred Checking (Share Draft) | Monthly | $1,000.00 | 0.15% | 0.15% |
| Preferred Plus Checking (Share Draft) | Monthly | $2,500.00 | 0.15% | 0.15% |
| ***Premier Checking (Share Draft) | Monthly | $5,000.00 | 0.20% | 0.20% |
| ***Premier Share Savings(Must open a Premier Checking and maintain a minimum average balance of $5,000.00 to receive rate) | Monthly | <$5,000.00 | 0.20% | 0.20% |
| $5,000.00 - $10,000.00 | 0.22% | 0.22% | ||
| >$10,000.00 | 0.25% | 0.25% | ||
| ***Premier IRA Club Savings(Must open a Premier Checking and maintain a minimum average balance of $5,000.00 to receive this rate) | Monthly | <$25,000.00 | 3.00% | 3.04% |
| $25,000.00 -$50,000.00 | 3.10% | 3.14% | ||
| $50,000.00 -$75,000.00 | 3.15% | 3.20% | ||
| $75,000.00 - $100,000.00 | 3.20% | 3.25% | ||
| >$100,000.00 | 3.25% | 3.30% |
Dividends Compounded Semi-Annually
Subject to penalty for early withdrawal
Fees may reduce earnings on the account.
*APY – Annual Percentage Yield
Must be a Kangaroo Kids Club, Junior Savers, or Teen Cents Member to be eligible for the Share Certificate Special for Youth Accounts.
Share Certificate Rates
| Term | Required Deposit | Dividend Rate | APY* | Dividend Rate with Premier Account*** | APY* with Premier Account*** |
|---|---|---|---|---|---|
| 6 Month | $2,000.00 to $9,999.00 | 0.30% | 0.30% | 0.35% | 0.35% |
| $10,000.00 to $49,999.00 | 0.40% | 0.40% | 0.45% | 0.45% | |
| $50,000.00 and up | 0.50% | 0.50% | 0.55% | 0.55% | |
| 12 Month | $2,000.00 to $9,999.00 | 2.10% | 2.11 | 2.15% | 2.16% |
| $10,000.00 to $49,999.00 | 2.50% | 2.52% | 2.55% | 2.57% | |
| $50,000.00 and up | 2.90% | 2.92% | 2.95% | 2.97% | |
| 18 Month | $2,000.00 to $9,999.00 | 1.80% | 1.81% | 1.85% | 1.86% |
| $10,000.00 to $49,999.00 | 1.90% | 1.91% | 1.95% | 1.96% | |
| $50,000.00 and up | 2.00% | 2.01% | 2.05% | 2.06% | |
| 24 Month OR 36 Month | $2,000.00 to $9,999.00 | 2.80% | 2.82% | 2.85% | 2.87% |
| $10,000.00 to $49,999.00 | 2.90% | 2.92% | 2.95% | 2.97% | |
| $50,000.00 and up | 3.00% | 3.02% | 3.05% | 3.07% |
Share Certificate Special Youth Accounts
| Term | Required Deposit | Dividend Rate | APY* |
|---|---|---|---|
| 6 Month | Teen Cents Club Junior Savers Kangaroo Kids Club Minimum $100.00 Maximum $5,000.00 (Aggregate) | 2.00% | 2.01% |
Share Certificate Special
| Term | Required Deposit | Dividend Rate | APY* |
|---|---|---|---|
| 9 Month |
$5000.00 New Money Minimun Required (Automatically renews into a 12-month term at maturity, unless directed otherwise) | 5.30% | 5.37% |
For all deposit accounts, you must be a member with a share savings account with a minimum balance of $5.00.
For Share Certificates:
Dividends Compounded Semi-Annually
Subject to penalty for early withdrawal
Fees may reduce earnings on the account