Click here to learn about the Midtown Kingston Business Capital Program.
Commercial Customers please follow this link to learn more about the upcoming change of Beneficial Ownership Information effective January, 1 2024.
| 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 |
| MINIMUM AMOUNT TO OPEN | MINIMUM BALANCE TO EARN APY | APY | INTEREST 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% |
| APY* | Interest Rate | |
|---|---|---|
| 8-Month CD ^Not Eligible for IRA's | 4.65% | 4.55% |
| 8-Month Cd with Power Advantage Checking**...^ Not Eligible for IRA's | 5.00% | 4.88% |
| 15- Month CD | 4.40% | 4.31% |
| 15-Month CD with Power Advantage Checking** | 4.75% | 4.64% |
| 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.
| MINIMUM AMOUNT TO OPEN | MINIMUM BALANCE TO EARN APY | APY | INTEREST 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% |
| MINIMUM AMOUNT TO OPEN | MINIMUM BALANCE TO EARN APY | APY | INTEREST RATE | |
|---|---|---|---|---|
| BUSINESS MONEY MARKET | $2,500 | $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 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.