Deposit Interest Rates

Current as of 02-14-2024

Time Deposit Interest Rate Schedule* 


Regular CDs
Savings Term Interest Rate Annual Percentage Yield Minimum Deposit
6 Month 3.86% 3.90% $1,000
1 Year 3.70% 3.75% $1,000
15 Month 3.21% 3.25% $1,000
18 Month 3.21% 3.25% $1,000
2 Year 2.97% 3.00% $1,000
3 Year 2.62% 2.65% $1,000
5 Year 2.48% 2.50% $1,000

 

Jumbo CDs
Savings Term Interest Rate Annual Percentage Yield Minimum Deposit
6 Month 4.49% 4.60% $100,000
1 Year 4.32% 4.45% $100,000
2 Year 3.89% 4.00% $100,000
3 Year 2.93% 3.00% $100,000
5 Year 2.93% 3.00% $100,000

 

Special CDs
Savings Term Interest Rate Annual Percentage Yield Minimum Deposit
12 Month No Penalty 3.21% 3.25% $5,000
11 Month Certificate 4.61% 4.69% $5,000
18 Month Club Certificate 3.60% 3.65% $10,000

 

IRAs
Regular or Roth IRAs Interest Rate Annual Percentage Yield Minimum Deposit
5 Year Fixed Rate CD 2.48% 2.50% $1,000
5 Year Jumbo IRA 2.93% 3.00% $100,000
Savings Variable Rate 0.70% 0.70% $100

 *An early withdrawal penalty will apply to all certificates except the "No-Penalty" CD. A penalty equal to 91 days of interest will be assessed for terms of twelve months or less, or 182 days of interest for longer terms.

DEPOSIT INTEREST RATE SCHEDULE


 

Statement Savings
Statement Savings Interest Rate Annual Percentage Yield Minimum Deposit
A minimum balance of $10 to earn interest 0.10% 0.10% $100

 

Personal Checking Accounts
Club Accounts - Interest paid on three tier levels Interest Rate Annual Percentage Yield Minimum Deposit
$500.00 - $9,999.99 0.05% 0.05% $100
$10,000.00 - $49,999.99 0.10% 0.10% $100
$50,000.00 & Up 0.15% 0.15%

$100

Century Checking  - Interest paid on four tier levels Interest Rate Annual Percentage Yield Minimum Deposit
$500.00 - $9,999.99 0.05% 0.05% $100
$10,000.00 - $49,999.99 0.10% 0.10% $100
$50,000.00 - $249,999.99 0.15% 0.15% $100
$250,000 & Up  0.20% .020% $100
NOW Sterling Checking Interest Rate Annual Percentage Yield Minimum Deposit
N/A 0.05% 0.05% $100
Century Business Checking - Interest paid on four tier levels Interest Rate Annual Percentage Yield Minimum Deposit
$1,000.00 - $24,999.99 0.05% 0.05% $300
$25,000.00 - $49,999.99 0.10% 0.10% $300
$50,000.00 - $99,999.99 0.15% 0.15% $300
$100,000.00 and UP 0.20% 0.20% $300
NOW Sterling Business Checking Interest Rate Annual Percentage Yield Minimum Deposit
N/A 0.05% 0.05% $300
Investment Accounts
Money Market Account - Interest paid on four tier levels Interest Rate Annual Percentage Yield Minimum Deposit
$1,000.00 - $9,999.99 0.10% 0.10% $100
$10,000.00 - $24,999.99 0.15% 0.15% $100
$25,000.00 - $49,999.99 0.20% 0.20% $100
$50,000.00 & Up 0.25% 0.25% $100