Deposit Rates

Rates as of: Friday, January 12th, 2024


 

Checking

MINIMUM AMOUNT TO OPEN MINIMUM BALANCE TO EARN APY APY INTEREST RATE
PERSONAL CHECKING ACCOUNTS
Turn on the Light to Checking $20.00 N/A N/A N/A
Power Advantage $500.00 $1,000.00 0.25% 0.25%
Partnership $100.00 $1,000.00 0.10% 0.10%
Student $25.00 N/A N/A N/A
Basic Checking $25.00 N/A N/A N/A
BUSINESS CHECKING ACCOUNTS
Excellence Checking $100.00 N/A N/A N/A
C.A.R.E.S Not-For-Profit Checking $100.00 $1,000.00 0.10% 0.10%
Relationship Checking $500.00 N/A N/A N/A

Savings

MINIMUM AMOUNT TO OPEN MINIMUM BALANCE TO EARN APY APYINTEREST RATE
HOLIDAY CLUB $1.00 $1.00 0.10% 0.10%
STATEMENT SAVINGS $100.00 $10.00 0.10% 0.10%
LIGHTHOUSE SAVINGS $25.00 $10.00 0.10% 0.10%
BUSINESS STATEMENT SAVINGS $100.00 $10.00 0.10% 0.10%

CD Specials

APY* Interest Rate
8-Month CD ^Not Eligible for IRA's 4.00% 3.92%
8-Month Cd with Power Advantage Checking**...^ Not Eligible for IRA's 4.25% 4.16%
15- Month CD 4.75% 4.64%
15-Month CD with Power Advantage Checking** 5.00% 4.88%
30 Month CD 0.60% 0.60%
30- Month CD with Power Advantage Checking** 0.70% 0.70%

* APY=Annual Percentage Yield. The annual percentage yields are effective as of the publication date and are subject to change. 8-month, 15-month and 30-month Certificate of Deposit – Minimum deposit to open and earn interest is $500. A penalty may be imposed for early withdrawal. Other terms and conditions may apply. Fees may reduce earnings. FDIC insured.

** Power Advantage Checking – $500 minimum to open and $1000 minimum to earn interest. Power Advantage Checking has a monthly service charge of $14.00 that can be avoided by maintaining a combined balance of $50,000.00 from eligible personal accounts. Rates may change after account opening. Contact an employee for further information about applicable fees and terms.

CDs & IRAs

MINIMUM AMOUNT TO OPEN MINIMUM BALANCE TO EARN APY APYINTEREST RATE
3 MONTH $2,500.00 $2,500.00 0.10% 0.10%
5 MONTH- ^ Not Eligible for IRAs $500.00 $500.00 0.10% 0.10%
6 MONTH $500.00 $500.00 0.15% 0.15%
12 MONTH $500.00 $500.00 0.25% 0.25%
18 MONTH $500.00 $500.00 0.30% 0.30%
18 MONTH IRA CLUB $50.00 $50.00 0.30% 0.30%
24 MONTH RISING $500.00 $500.00 0.50% 0.50%
36 MONTH $500.00 $500.00 0.60% 0.60%
48 MONTH $500.00 $500.00 0.65% 0.65%
60 MONTH $500.00 $500.00 0.75% 0.75%

Money Market

MINIMUM AMOUNT TO OPEN MINIMUM BALANCE TO EARN APY APYINTEREST RATE
BUSINESS MONEY MARKET $2,500.00 $2,500 - $49,999.99 0.15% 0.15%
$50,000 - $99,999.99 0.25% 0.25%
$100,000 - $249,999.99 0.50% 0.50%
$250,000 - $499,999.99 1.00% 0.995%
$500,000-$999,999.99 1.25% 1.24%
$1,000,000- $1,999,999.99 1.50% 1.49%
$2,000,000 and above 2.00% 1.98%
Business Bundle Money Market $10,000.00 $10,000.00 4.00% 3.92%
MONEY MARKET ADVANTAGE $50,000.00 (New Money) $2,500 - $49,999.99 0.15% 0.15%
$50,000 - $99,999.99 0.25% 0.25%
$100,000 - $249,999.99 0.50% 0.50%
$250,000 - $499,999.99 1.00% 0.995%
$500,000-$999,999.99 1.25% 1.24%
$1,000,000- $1,999,999.99 1.50% 1.49%
$2,000,000 and above 2.00% 1.98%
MONEY MARKET $2,500.00 $250.00 0.26% 0.26%

APY=Annual Percentage Yield. All Checking and Savings rates are variable and subject to change. Interest compounds daily if applicable. Rates may change after account opening. All CD’s are compounded daily and credited monthly. Fees may reduce earnings. Penalties for early CD withdrawals may apply.

 

Residential Mortgage Rates

VIEW RATES

 

Consumer Loans

Auto Loans

TERMINTEREST RATE ANNUAL PERCENTAGE RATE (APR) MONTHLY PAYMENT PER $1,000
New Vehicles
36 Months 7.000% 7.000% $30.88
48 Months 7.500% 7.500% $24.18
60 Months 8.000% 8.000% $20.28
Used Vehicles
36 Months 7.625% 7.625% $31.16
48 Months 8.000% 8.000% $24.41
60 Months 8.500% 8.500% $20.52

Sales tax, registration fees and insurance cannot be financed. All rates are subject to change without notice. All loans are subject to credit approval.

 

Personal Loans

TERMINTEREST RATE ANNUAL PERCENTAGE RATE (APR) MONTHLY PAYMENT PER $1,000
Unsecured
24 Month 10.000% 10.000% $46.14
36 Month 11 .000% 11.000% $32.74
48 Month 12.000% 12.000% $26.33
60 Month 14.000% 14.000% $23.27

All rates are subject to change without notice. All loans are subject to credit approval.