Personal + Business
Penalty-Free CD
No Penalty†, No Worries
Want to grow your money without penalty for accessing it when you need it? Our new Penalty-Free CD is for you.
Investing Made Flexible
With our Penalty-Free CD you can invest in your future while staying covered for the present. Simply deposit your money and watch it grow–then access it whenever you need it.
No penalty for drawing on your account early †
$500 minimum deposit to open and earn the Annual Percentage Yield
6-month term
Available for personal and business accounts
Also available as an IRA
†No penalty after 7 days of opening
Rates
Rates are effective as of February 24, 2025
| Type of Account* | Min Deposit | Minimum Balance to Earn Annual Percentage Yield | Interest Rate | APY^ | Website Order | Last Modified |
|---|---|---|---|---|---|---|
| 6 Month Penalty-Free CD + IRA | $500 | $500 | 3.06% | 3.10% | 0 | December 19, 2024 |
| 6 Month CD & IRA Special | $500 | $500 | 3.78% | 3.85% | 20 | February 24, 2025 |
| 1 Year CD & IRA Special | $500 | $500 | 3.44% | 3.50% | 30 | December 19, 2024 |
| 1.5 Year CD & IRA Special | $500 | $500 | 3.25% | 3.30% | 40 | December 19, 2024 |
| 6 Month CD & IRA | $500 | $500 | 0.20% | 0.20% | 50 | September 12, 2022 |
| 1 Year CD & IRA | $500 | $500 | 0.35% | 0.35% | 60 | January 30, 2025 |
| 1.5 Year CD & IRA | $500 | $500 | 0.30% | 0.30% | 70 | July 15, 2024 |
| 2 Year CD & IRA | $500 | $500 | 0.40% | 0.40% | 80 | January 4, 2024 |
| 2.5 Year CD & IRA | $500 | $500 | 0.45% | 0.45% | 85 | September 12, 2022 |
| 3 Year CD & IRA | $500 | $500 | 0.55% | 0.55% | 90 | December 3, 2024 |
| 4 Year CD & IRA | $500 | $500 | 0.65% | 0.65% | 100 | January 26, 2021 |
| 5 Year CD & IRA | $500 | $500 | 0.75% | 0.75% | 110 | January 26, 2021 |
| IRA Money Market | $500 | $ 25- $24,999 | .10% | .10% | 120 | December 14, 2020 |
| $500 | $25,000 - $49,000 | 0.15% | 0.15% | 130 | December 14, 2020 | |
| $500 | $50,000 - $99,999 | 0.25% | 0.25% | 140 | December 14, 2020 | |
| $500 | $100,000 - $199,999 | 0.30% | 0.30% | 150 | December 14, 2020 | |
| $500 | $200,000 & over | 0.35% | 0.35% | 160 | December 14, 2020 |
* A penalty will be imposed for early withdrawal
^Annual Percentage Yield, which assumes the interest will remain on deposit until maturity
Let’s get started!
Contact one of our Customer Service Representatives today.
|
Julia RathbunCustomer Service Manager |
|
Hillary MillerCustomer Service Representative II |
|
Cassie PulitoCustomer Service Representative |
|
Teghan HalseyCustomer Service Representative II |