Personal Banking

Deposit Rates

Rates effective as of March 12, 2020

Savings Deposit Rates Schedule

Account TypeInterest Rate TierCompounding FrequencyInterest RateAnnual Percentage Yield
SAVINGS $50 - $9,999.99Quarterly0.13%0.13%
$10,000 - $49,999.99Quarterly0.16%0.16%
$50,000 - $99,999.99Quarterly0.18%0.18%
OVER $100,000 Quarterly0.20%0.20%

Checking Deposit Rates Schedule

Account TypeInterest Rate TierCompounding FrequencyInterest RateAnnual Percentage Yield
NOW$1,000 - $4,999.99Monthly0.13%0.13%
$5,000 - $24,999.99Monthly0.14%0.14%
OVER $25,000 Monthly0.16%0.16%
MMA$1,500 - $4,999.99Monthly0.13%0.13%
$5,000 - $24,999.99Monthly0.14%0.14%
$25,000 - $99,999.99Monthly0.16%0.16%
OVER $100,000Monthly0.20%0.20%

CD Deposit Rates Schedule**

Account TypeMinimum DepositCompounding FrequencyInterest RateAnnual Percentage Yield
3 MONTH CD$2,500.00Quarterly0.40%0.40%
6 MONTH CD$1,000.00Quarterly0.59%0.59%
12 MONTH CD$1,000.00Quarterly0.90%0.90%
18 MONTH CD$1,000.00Quarterly1.00%1.00%
24 MONTH CD$1,000.00Quarterly1.10%1.11%
30 MONTH CD$1,000.00Quarterly1.29%1.30%
36 MONTH CD$1,000.00Quarterly1.38%1.39%
48 MONTH CD$1,000.00Quarterly1.48%1.49%
60 MONTH CD$1,000.00Quarterly1.69%1.70%

IRA Deposit Rates Schedule**

Account TypeMinimum DepositCompounding FrequencyInterest RateAnnual Percentage Yield
18 MONTH IRA (Variable)$100.00Monthly0.90%0.90%
48 MONTH IRA (Fixed)$250.00Monthly1.79%1.80%

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