Current Deposit Rates

Deposit Rates Effective Date 02/23/2015

Checking

Type / TermMinimum BalanceInterest RateAnnual Percentage Yield
NOW Accounts$5000.05%0.05%
Money Market Checking$1,000 0.05%0.05%

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Savings

Type / TermMinimum BalanceInterest RateAnnual Percentage Yield    
Passbook/Statement$50.000.10%0.10%
Youth Savings-18 & undernone0.10%0.10%
Club Savingsnone0.10%0.10%
Money Market Investment
(other than Municipal accounts)
$1,000.00 0.10%0.10%
$10,000.00 0.10%0.10%
$25,000.00 0.10%0.10%
$50,000.00 0.15%0.15%
$250,000.00 0.20%0.20%

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Certificates of Deposit (CD)

Type/TermMinimum BalanceInterest RateAnnual Percentage Yield  
Starter CD (1 year)$500.000.10%0.10%
1 Year-Renewal Once* $10,000.00 0.25%0.25%
1 Month CD $1,000.00 0.10%0.10%
3 Month CD $1,000.00 0.10%0.10%
6 Month CD $1,000.00 0.15%0.15%
12 Month CD $1,000.00 0.20%0.20%
18 Month CD $1,000.00 0.25%0.25%
24 Month CD $1,000.00 0.40%0.40%
30 Month CD $1,000.00 0.45%0.45%
36 Month CD $1,000.00 0.65%0.65%
48 Month CD $1,000.00 0.70%0.70%
60 Month CD $1,000.00 0.85%0.85%
Jumbo CDs $100,000.00 Call for current rates and terms

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Individual Retirement Accounts (IRA)

Type / TermMinimum Balance Interest RateAnnual Percentage Yield  
Variable IRA **$2500.15%0.15%
Fixed IRA ***$1,000 ******
- Penalty for early withdrawals (including substantial tax penalties on IRAs)
- Fees could reduce earnings
- Interest is compounded daily
* Guaranteed renewable once at the same rate or higher
** Variable rate tied to 6 month CD rate; may change at any time determined by the Bank at our discretion
*** Same as the term selected from the CDs listed of one year or longer

Contact Us

Stop in at one of our convenient locations or call us directly at our Groton office at 607-898-5871 or Moravia at 315-497-2707 during regular business hours.

You can also use our Secure Contact Form.