Personal Banking

Deposit Rates

Rates effective as of October 18, 2018

Savings Deposit Rate Schedule

Account TypeInterest Rate TierCompounding FrequencyInterest RateAnnual Percentage Yield
SAVINGS $50 - $9,999.99Quarterly0.17%0.17%
$10,000 - $49,999.99Quarterly0.20%0.20%
$50,000 - $99,999.99Quarterly0.22%0.22%
OVER $100,000 Quarterly0.25%0.25%

Checking Deposit Rate Schedule

Account TypeInterest Rate TierCompounding FrequencyInterest RateAnnual Percentage Yield
NOW$1,000 - $4,999.99Monthly0.15%0.15%
$5,000 - $24,999.99Monthly0.17%0.17%
OVER $25,000 Monthly0.20%0.20%
MMA$1,500 - $4,999.99Monthly0.15%0.15%
$5,000 - $24,999.99Monthly0.17%0.17%
$25,000 - $99,999.99Monthly0.20%0.20%
OVER $100,000Monthly0.25%0.25%

CD Deposit Rate Schedule**

Account TypeMinimum DepositCompounding FrequencyInterest RateAnnual Percentage Yield
3 MONTH CD$2,500.00Quarterly0.45%0.45%
6 MONTH CD$1,000.00Quarterly0.65%0.65%
12 MONTH CD$1,000.00Quarterly1.00%1.00%
18 MONTH CD$1,000.00Quarterly1.09%1.10%
24 MONTH CD$1,000.00Quarterly1.24%1.25%
30 MONTH CD$1,000.00Quarterly1.49%1.50%
36 MONTH CD$1,000.00Quarterly1.74%1.75%
48 MONTH CD$1,000.00Quarterly1.98%2.00%
60 MONTH CD$1,000.00Quarterly2.32%2.35%

IRA Deposit Rate Schedule**

Account TypeMinimum DepositCompounding FrequencyInterest RateAnnual Percentage Yield
18 MONTH IRA (Variable)$100.00Monthly1.00%1.00%
48 MONTH IRA (Fixed)$250.00Monthly1.98%2.00%

(Variable) Variable rate changes weekly
**Substantial penalty on early withdrawal – Fees May Reduce Earnings
Mountaineer Savings Club Accounts – Interest is Compounded Annually