Deposits
Rates effective December 5, 2023.
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- Persons Under 18 Years of Age
- Minimum to open: $5.00
- Minimum to earn annual percentage yield: $5.00
- Interest rate: 0.10%*
- Annual percentage yield: 0.10%*
- Persons 18 Years of Age or Older
- Minimum to open: $25.00
- Minimum to earn annual percentage yield: $5.00
- Interest rate: 0.10%*
- Annual percentage yield: 0.10%*
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- Minimum to open: $2,500.00
- Minimum to earn annual percentage yield: $2,500.00
- Interest rate: 0.10%* **
- Annual percentage yield: 0.10%* **
- Amounts between $5.00 and $2,499.99 earn an interest rate of 0.10% and an annual percentage yield of 0.10%.* **
- Minimum to earn annual percentage yield: $5.00
- *This rate may change after the account is opened.
- **Fees may apply and reduce earnings.
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- The Bank offers both traditional IRA and Roth accounts. When you invest in one of our IRA accounts, you can rest easy knowing that your money is insured by the FDIC up to $250,000. Our IRAs offer reliable returns and impressive growth, and starting one has never been easier. Invest now, and you’ll have the peace of mind that comes with financial security.
- IRA Money Market Deposit Accounts
- This IRA option offers competitive rates and more flexibility for those near or at retirement age.
- Current interest rate: 0.15%
- Current annual percentage yield: 0.15%
- Amounts between $5.00 and $2,499.99 earn an interest rate of 0.15% and an annual percentage yield of 0.15%.***
- Minimum to earn annual percentage yield: $5.00
- IRA CDs
- This type of IRA offers the same terms and rates as our regular CDs.
- For more information about IRAs, please contact us at 207-288-3685. We will be happy to discuss the options and help you set up the best retirement plan for your individual needs.
- Minimum to earn annual percentage yield on IRA CDs: $5.00
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- 6 MONTH CD
- Minimum to open: $1,000.00
- Minimum to earn annual percentage yield: $1,000.00
- Interest rate: 5.00%***
- Annual percentage yield: 5.00%***
- 12 MONTH CD
- Minimum to open: $1,000.00
- Minimum to earn annual percentage yield: $1,000.00
- Interest rate: 4.00%***
- Annual percentage yield: 4.07***
- 18 MONTH CD
- Minimum to open: $1,000.00
- Minimum to earn annual percentage yield: $1,000.00
- Interest rate: 3.85%***
- Annual percentage yield: 3.92%***
- 24 MONTH CD
- Minimum to open: $1,000.00
- Minimum to earn annual percentage yield: $1,000.00
- Interest rate: 1.15%***
- Annual percentage yield: 1.16%***
- 36 MONTH CD
- Minimum to open: $1,000.00
- Minimum to earn annual percentage yield: $1,000.00
- Interest rate: 1.20%***
- Annual percentage yield: 1.21%***
- 48 MONTH CD
- Minimum to open: $1,000.00
- Minimum to earn annual percentage yield: $1,000.00
- Interest rate: 1.25%***
- Annual percentage yield: 1.26%***
- 60 MONTH CD
- Minimum to open: $1,000.00
- Minimum to earn annual percentage yield: $1,000.00
- Interest rate: 1.30%***
- Annual percentage yield: 1.31%***
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- We offer FREE checking and online banking for both consumers and businesses.
- Minimum to open: $100
- > Click here to learn more.
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***An early withdrawal penalty may apply and reduce earnings.
All quoted interest rates are subject to change without notice. For current rates, please call 207-288-3685.
