Certificates of Deposit

CERTIFICATE OF DEPOSIT- 3 MONTH

Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for 3 Months. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded on the account. Interest will be credited to the account at maturity.
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
Limitations: You must deposit $500.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date.
Time Account Information: Your account will mature in 3 Months. If you withdraw any of the principal or interest before the maturity date, we may impose a penalty of 3 months accrued interest. This account will automatically renew. You will have to renew at the new rate in effect at maturity or you will have 10 days after the maturity date to withdraw funds without penalty.

CERTIFICATE OF DEPOSIT- 6 MONTH

Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield wilt depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for 6 months. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded daily and will be credited at maturity. We will mail the interest in a check to you or deposit the interest in an account that you designate. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
Limitations: You must deposit $500.00 to open this account. You may not make additional deposits into this account.
Time Account Information: Your account will mature in 6 months. If you withdraw any of the principal before the maturity date, we may impose a penalty of 3 months accrued interest. This account will automatically renew. You will have to renew at the new rate in effect at maturity or you will have 10 days after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term.

CERTIFICATE OF DEPOSIT-1 YEAR

Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for 1 year. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded daily and will be credited monthly. We will mail the interest in a check to you or deposit the interest in an account that you designate. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce eamings.
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
Limitations: You must deposit $500.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date.
Time Account Information: Your account will mature in 1 year. If you withdraw any of the principal before the maturity date, we may impose a penalty of 3 months accrued interest. This account will automatically renew. You will have to renew at the new rate in effect at maturity or you will have 10 days after the maturity date withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for the period of time as the original term.

CERTIFICATE OF DEPOSIT- 2 YEAR

Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for 2 years. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded daily and will be credited to the account monthly. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
Limitations: You must deposit $500.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date.
Time Account Information: Your account will mature in 2 years. If you withdraw any of the principal before the maturity date, we may impose a penalty of 3 months accrued interest. This account will automatically renew. You will have to renew at the new rate in effect at maturity or you will have 10 days after the maturity date to withdraw funds without penalty.

CERTIFICATE OF DEPOSIT-5 YEAR

Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for 3 years. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded daily and will be credited to the account monthly. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
Limitations: You must deposit $500.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date.
Time Account Information: Your account will mature in 5 years. If you withdraw any of the principal before the maturity date, we may impose a penalty of 3 months accrued interest. This account will automatically renew. You will have to renew at the new rate in effect at maturity or you will have 10 days after the maturity date to withdraw funds without penalty.

CERTIFICATE OF DEPOSIT-IRA 2 YEAR

Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for 2 years. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded daily and will be credited to the account quarterly. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
Limitations: You must deposit $500.00 to open this account. Please check IRS Guidelines for maximum amount that may be deposited. You may not make withdrawals from your account until the maturity date.
Time Account Information: Your account will mature in 2 years. If you withdraw any of the principal before the maturity date, we may impose a penalty of 3 months accrued interest. This account will automatically renew. You will have to renew at the new rate in effect at maturity or you will have 10 days after the maturity date to withdraw funds without penalty.