Investment Rates

Share Certificates

Effective January 19, 2015 until further notice, the following dividend rates and corresponding Annual Percentage Yields (APY) apply for the following share certificate terms: (Dividends are compounded quarterly)

Term Minimum to Open Nominal Rate APY Compounding
3 Month$1,0000.10%**0.10%Quarterly
6 Month$1,0000.15%**0.15%Quarterly
12 Month$1,0000.25%**0.25%Quarterly
18 Month$1,0000.35%**0.35%Quarterly
24 Month$1,0000.50%**0.50%Quarterly

Share Certificates require a minimum of $1,000. Rates are subject to change at any given time.

Share Accounts

As of the last dividend declaration date, 09-19-17, the dividend rate for regular share accounts was .25% with an APY of .25%. Dividends are compounded quarterly. Dividend rates for each quarter will be determined during the last month of the quarter, in which case rate could be lower.

Product Name Amount Effective Date Nominal Rate APY Compounding
Share DraftLess than $1,00012/01/2017 - 12/31/20170.05%0.05%Monthly
Share Draft$1000 or more12/01/2017 - 12/31/20170.10%0.10%Monthly
Christmas ClubAny12/01/2017 - 12/31/20170.10%0.10%Monthly

Individual Retirement Accounts (IRAs) Traditional or Roth

Effective October 1, 2017 thru Fourth (4th) Quarter of 2017. Rates are subject to change before the end of the quarter.

Balance Requirement Nominal Rate APY Compounding
$25 - $20,0000.25%0.25%**Quarterly
$20,001 - $75,0000.40%0.40%**Quarterly
$75,001 and Up0.50%0.50%**Quarterly

Coverdell Educational IRA Account

Effective October 1, 2017 thru Fourth (4th) Quarter of 2017. Rates are subject to change before the end of the quarter.

Amount Nominal Rate APY Compounding
$25 and Up1.45%1.45%**Quarterly

**APY = Annual Percentage Yield. As high as based on tier, term, or other factors.
All rates subject to change without prior notice.

Dividends on all the above accounts are calculated by the average daily balance method.