Deposit Rates

Effective As Of 5/22/2024

Checking Accounts

 Personal Checking
ProgramAPYInterest Rate
Hometown Premium Checking
(tier 1 $0-$2,499)
.05% .05%
Hometown Premium Checking
(tier 2 >$2,499)
.10% .10%
Hometown 50+ Checking .03% .03%

Interest rates are variable and subject to change.

Interest Rate and Annual Percentage Yield (APY) are accurate as of the date indicated.

Fees may reduce earnings.

Minimum Deposit to open account is $50.

 

Business Checking 
ProgramAPYInterest Rate
Hometown Business Interest Checking .03% .03%

Interest rates are variable and subject to change.

Interest Rate and Annual Percentage Yield (APY) are accurate as of the date indicated.

Fees may reduce earnings.

Minimum Deposit to open account is $50.

Savings & Money Markets

 Statement Savings - Personal & Business
 TierAPYInterest Rate

$25 - $500

.03%

.03%

Over $500  .05% .05%

Interest rates are variable and subject to change.

Interest Rate and Annual Percentage Yield (APY) are accurate as of the date indicated.

Fees may reduce earnings.

Minimum Deposit to open account is $50.

 Christmas Club - Personal 
ProgramAPYInterest Rate
Christmas Club Direct  .25% .25%

Interest rates are variable and subject to change.

Interest Rate and Annual Percentage Yield (APY) are accurate as of the date indicated.

Fees may reduce earnings.

No Minimum Deposit to open account.

 Money Market Accounts - Personal & Business
TierAPYInterest Rate
Balances $500 up to $10,000  .05% .05%
Balances $10,000.01 - $50,000  .05% .05%
Balances $50,000.01 - $100,000  .25% .25%
Balances $100,000.01 - $500,000  1.51% 1.50%
Balances over $500,000 2.02% 2.00%

Minimum Deposit to open account is $50.

The interest rate and *Annual percentage yield (APY) are subject to change after the account is opened without notice.

Fees may reduce earnings.

**Transfers from MMA to another account or to third parties by pre-authorized, automatic, telephone or computer transfer, debit card or similar order to third parties are limited to six per month.

Certificates of Deposit - Personal & Business

Contact any Community Office for rates on CD's.

 

Individual Retirement Accounts (IRA) - Personal

ProgramAPYInterest Rate
12 Months 1.49% 1.50%
24 Months 1.49% 1.50%
36 Months 2.96% 3.00%
48 Months 2.96% 3.00%
60 Months 3.68% 3.75%

Contact any Community Office for rates on amounts over $100,000.

Rates subject to change.

Minimum Deposit to open account is $50.00.

Penalty for early withdrawal.

Fees may reduce earnings.