Personal Banking

Deposit Rates

Rates effective as of May 19, 2022

For details on Kasasa® rates & qualification information click here

Savings Deposit Rates Schedule

Account TypeInterest Rate TierCompounding FrequencyInterest RateAnnual Percentage Yield
SAVINGS $50 - $9,999.99Quarterly0.07%0.07%
$10,000 - $49,999.99Quarterly0.07%0.07%
$50,000 - $99,999.99Quarterly0.07%0.07%
OVER $100,000 Quarterly0.07%0.07%

Checking Deposit Rates Schedule

Account TypeInterest Rate TierCompounding FrequencyInterest RateAnnual Percentage Yield
50 PLUS INTEREST CHECKINGMinimum Deposit
$50
Monthly0.08%0.08%
BUSINESS INTEREST CHECKINGMinimum Deposit
$5,000
Monthly0.08%0.08%

CD Deposit Rates Schedule**

Account TypeMinimum DepositCompounding FrequencyInterest RateAnnual Percentage Yield
3 MONTH CD$2,500.00Quarterly0.15%0.15%
6 MONTH CD$1,000.00Quarterly0.20%0.20%
12 MONTH CD$1,000.00Quarterly0.30%0.30%
18 MONTH CD$1,000.00Quarterly0.40%0.40%
24 MONTH CD$1,000.00Quarterly0.50%0.50%
30 MONTH CD$1,000.00Quarterly0.60%0.60%
36 MONTH CD$1,000.00Quarterly0.65%0.65%
48 MONTH CD$1,000.00Quarterly0.70%0.70%
60 MONTH CD$1,000.00Quarterly0.80%0.80%

IRA Deposit Rates Schedule**

Account TypeMinimum DepositCompounding FrequencyInterest RateAnnual Percentage Yield
18 MONTH IRA (Variable)$100.00Monthly0.50%0.50%
48 MONTH IRA (Fixed)$250.00Monthly1.00%1.00%

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