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Deposit Rates

Deposit Accounts Rates As Of March 22, 2017

Checking

 

Minimum Deposit
To Open Account
Average Daily
Balance to Obtain
Annual Percentage Yield
Interest
Rate %
Annual
Percentage
Yield%
Crediting

True Local

$25

$1 0.10% 0.10% Monthly

True Local
Premium

$100 $1 0.20% 0.20% Monthly

NOW
Non-Profit

$0 $500 0.10% 0.10% Monthly

 

Savings

 

Minimum Deposit
To Open Account

Average Daily
Balance to Obtain
Annual Percentage Yield
Interest
Rate %

Annual
Percentage
Yield%

Crediting

Money Market

$250

$250-$2,499 0.10% 0.10% Monthly

 

$250 $2,500 & Over 0.20% 0.20% Monthly

Passbook

$0 $25 0.10% 0.10% Quarterly

Statement
Savings

$0 $250 0.10% 0.10% Monthly

Vacation
Club

$0 $25 0.10% 0.10% Maturity

Holiday
Club

$0 $25 0.10% 0.10% Maturity

Putnam
Premium

$5,000 $5,000-$24,999 0.15% 0.15%

Monthly

 

$5,000 $25,000-$49,999 0.20% 0.20% Monthly

 

$5,000 $50,000-$99,999 0.25% 0.25% Monthly
  $5,000 $100,000 & Over 0.35% 0.35% Monthly

 

Certificate of Deposit

 

Minimum Deposit
to Open Account 
 Balance to Earn
Interest/Min
Annual Percentage Yield
Interest
Rate %

Annual
Percentage
% Yield 

 Crediting

3 Month

$2,500  $2,500 0.20%  0.20% At
Maturity

6 Month

$2,500 $2,500 0.30%  0.30% Quarterly

8 Month

$2,500 $2,500 0.40% 0.40% Quarterly

1 Year

$500 $500 0.45% 0.45% Quarterly

18 Months

$500 $500 0.60% 0.60% Quarterly

2 year

$500 $500 0.70% 0.70% Quarterly

30 Months

$500  $500 0.90% 0.90% Quarterly

3 Years

$500 $500 0.995% 1.00% Quarterly

4 Year 

$500 $500 1.19% 1.20% Quarterly

 5 Year

$500 $500 1.39% 1.40% Quarterly

Visit One of Our Local Branches to Open an Account

Note:

  • All Checking and Savings rates are variable and subject to change.
  • Interest compounds daily.
  • Penalties may be imposed for early withdrawal on CD's.
  • Fees could reduce the earnings on the account, if applicable.