Personal Banking

Deposit Rates

Rates effective as of July 23, 2020

Savings Deposit Rates Schedule

Account TypeInterest Rate TierCompounding FrequencyInterest RateAnnual Percentage Yield
SAVINGS $50 - $9,999.99Quarterly0.10%0.10%
$10,000 - $49,999.99Quarterly0.10%0.10%
$50,000 - $99,999.99Quarterly0.10%0.10%
OVER $100,000 Quarterly0.10%0.10%

Checking Deposit Rates Schedule

Account TypeInterest Rate TierCompounding FrequencyInterest RateAnnual Percentage Yield
NOW$1,000 - $4,999.99Monthly0.08%0.08%
$5,000 - $24,999.99Monthly0.10%0.10%
OVER $25,000 Monthly0.12%0.12%
MMA$1,500 - $4,999.99Monthly0.08%0.08%
$5,000 - $24,999.99Monthly0.10%0.10%
$25,000 - $99,999.99Monthly0.12%0.12%
OVER $100,000Monthly0.14%0.14%

CD Deposit Rates Schedule**

Account TypeMinimum DepositCompounding FrequencyInterest RateAnnual Percentage Yield
3 MONTH CD$2,500.00Quarterly0.25%0.25%
6 MONTH CD$1,000.00Quarterly0.35%0.35%
12 MONTH CD$1,000.00Quarterly0.65%0.65%
18 MONTH CD$1,000.00Quarterly0.75%0.75%
24 MONTH CD$1,000.00Quarterly0.90%0.90%
30 MONTH CD$1,000.00Quarterly0.95%0.95%
36 MONTH CD$1,000.00Quarterly1.10%1.10%
48 MONTH CD$1,000.00Quarterly1.19%1.20%
60 MONTH CD$1,000.00Quarterly1.29%1.30%

IRA Deposit Rates Schedule**

Account TypeMinimum DepositCompounding FrequencyInterest RateAnnual Percentage Yield
18 MONTH IRA (Variable)$100.00Monthly0.70%0.70%
48 MONTH IRA (Fixed)$250.00Monthly1.39%1.40%

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