Deposit Rates - Effective 10/20/2020

 

Deposit Accounts

Money Market Accounts
Deposit AmountInterest RateAnnual Percentage Yield (APY)*

$0.01 - $9,999.99

0.05%

0.05%

$10,000.00 - $24,999.99

0.10%

0.10%

$25,000.00 and over

0.15%

0.15%

NOW Accounts and Heritage 50
Deposit AmountInterest RateAnnual Percentage Yield (APY)*

$0.01 - $9,999.99

0.05%

0.05%

$10,000.00 - $24,999.99

0.10%

0.10%

$25,000.00 and over

0.15%

0.15%

Legacy Small Business Checking Account
Deposit AmountInterest RateAnnual Percentage Yield (APY)*

$10,000.00 and over

no interest is paid on balances less than $10,000.00

0.10%

0.10%

Savings Accounts
Deposit AmountInterest RateAnnual Percentage Yield (APY)*

$100.00 and over

no interest is paid on balances less than $100.00

0.05%

0.05%

IRA Savings Account
Deposit AmountInterest RateAnnual Percentage Yield (APY)*

$0.01 and over

 

0.10%

0.10%


Certificates of Deposit

Certificates of Deposit
TermMinimum Deposit to OpenInterest RateAnnual Percentage Yield (APY)*Early Withdrawal Penalty

7-31 Days

$1,500.00

0.10%

0.10%

1/2 of Term

32-90 Days

$1,500.00

0.15%

0.15%

15 Days

91-181 Days

$1,500.00

0.20%

0.20%

45 Days

182-364 Days

$1,500.00

0.25%

0.25%

3 Months

12 Months

$500.00

0.35%

0.35%

6 months

18 Months

$500.00

0.40%

0.40%

9 months

24 Months

$500.00

0.50%

0.50%

12 months

36 Months

$500.00

0.55%

0.55%

18 months

48 Months

$500.00

0.55%

0.55%

24 months

60 Months

$500.00

0.60%

0.60%

30 months

*Annual Percentage Yields (APY’s) are accurate as of 10/20/2020. $50 minimum deposit required to open a checking or savings account. Rates may change after account opening. Fees may reduce earnings. On Certificates of Deposit, an early withdrawal penalty will apply, as noted on each product above.