Deposit Rates

CD Special

Effective Date: Thursday, December 5, 2024

CD Special (Rate Table)
ProgramTermAPY*Actions

CD Special

4 Months4.25%

Open an Account - CD Special - 9 Months

CD Special

13 Months4.00%

Open an Account - CD Special - 9 Months

*Annual percentage yield (APY) subject to change. Minimum deposit $1,000. Offer may be withdrawn at any time. A penalty will be imposed for early withdrawal. See Disclosure Statement for more information. 4 Month CD not eligible for an IRA.

Add-On CD Special

Effective Date: Thursday, December 5, 2024

Add-On CD Special (Rate Table)
ProgramTermAPY*Actions

ADD-ON CD Special

17 Months3.85%

How to Open - ADD-ON CD Special

* 3.85% Annual Percentage Yield (APY) for 17 months.  Customer has the option to make additional deposits to the CD at any time over the term of the CD.  Additional deposits must be at least $500. $1,000 minimum to open. Penalty for early withdrawal equivalent to 12 months of interest. Interest is compounded continuously and posted monthly. At maturity, automatically renews at the current Dean Bank 12-month CD rate offered at time of renewal, unless otherwise directed by the customer.  Fees could reduce earnings.  Offer is limited and subject to change without notice.  This product also available as a Retirement Special. 

CDs

Effective Date: Thursday, December 5, 2024

CDs (Rate Table)
ProgramTermAPY*Actions

CDs*

3 Months1.00%

Open an Account - CD - 3 Months

6 Months1.50%

Open an Account - CD - 6 Months

12 Months2.00%

Open an Account - CD - 12 Months

18 Months2.00%
24 Months2.00%
30 Months2.00%
36 Months2.00%
48 Months2.00%
60 Months2.00%

*Annual Percentage Yield (APY) assumes interest and principal remain on deposit for one year. A withdrawal will reduce earnings. Interest is credited on the last business day of the month. A penalty will be imposed for early withdrawal from a Certificate of Deposit. Fees could reduce earnings of the account. For certificates with terms up to 1 year, the minimum balance required to open the account and obtain the APY is $500.00, and the account pays simple interest. For certificates with terms of 1 year or more, the minimum balance required to open the account and obtain the APY is $500.00, and the interest is compounded continuously. For IRAs, the minimum balance required to open the account and obtain the APY is $100.00.

IRAs

Effective Date: Thursday, December 5, 2024

IRAs (Rate Table)
ProgramsTermAPY*Actions

Fixed Rate IRAs

12 Months2.00%

How To Open - Fixed Rate IRAs

18 Months2.00%
24 Months2.00%
30 Months2.00%
36 Months2.00%
48 Months2.00%
60 Months2.00%
Retirement Special13 Months4.00%

*Annual Percentage Yield (APY) assumes interest and principal remain on deposit for one year. A withdrawal will reduce earnings. Interest is credited on the last business day of the month. A penalty will be imposed for early withdrawal from a Certificate of Deposit. Fees could reduce earnings of the account. For certificates with terms up to 1 year, the minimum balance required to open the account and obtain the APY is $500.00, and the account pays simple interest. For certificates with terms of 1 year or more, the minimum balance required to open the account and obtain the APY is $500.00, and the interest is compounded continuously.

Checking, Savings & Money Market Accounts

Effective Date: Thursday, December 5, 2024

Checking, Savings & Money Market Accounts (Rate Table)
ProgramMinimum Daily Balance to earn APYInterest RateAPY*Actions

All Access Checking
Balances up to $3,000

$25.004.00%4.07%

Open an Account - All Access Checking

Balances > $3,0000.07%4.07% - 0.50%
NOW Checking$25.000.05%0.05%How To Open - NOW Checking Account
Money Market Account$25.000.05%0.05%Open an Account - Money Market
$2,500.000.09%

0.09%

Statement Savings

$25.000.07%0.07%Open an Account - Statement Savings
Passbook Savings$25.000.07%0.07%How To Open - Passbook Savings

Student Savings

$1.000.07%0.07%How To Open - Student Savings
Holiday$1.000.07%0.07%How To Open - Holiday

Variable Rate IRA

$100.000.12%0.12%How To Open - Variable Rate IRA

Club Accounts

$1.000.07%0.07%How To Open - Club Accounts

(Student Statement Savings Accounts are available only to students in participating elementary schools in conjunction with School Savings program; there are no monthly service fees.)

*The minimum balance required to earn the stated Interest Rate and Annual Percentage Yield (APY) on the Money Market Account is $2,500. If the balance is below $2,500 for any day, your account will earn our then current NOW Checking Account rate for that day. The minimum daily balance required to open accounts, earn interest and obtain the Annual Percentage Yield on the above accounts is $25 ($1 for Club Accounts & Student Savings, $100 for IRA Variable Accounts).  For IRAs, the minimum balance required to open the account and obtain the APY is $100.00.

Interest is compounded monthly and credited on the last business day of each month. Fees could reduce the earnings of the account.

These are variable rate accounts where the interest rate and Annual Percentage Yield may change after the account is opened.

Preferred Savings

Effective Date: Thursday, December 5, 2024

Preferred Savings (Rate Table)
ProgramMinimum Daily Balance to earn APYAPY*Actions

Preferred Savings Account*

$250.07%

Open an Account - Preferred Savings

$5,0000.07%
$15,0000.12%
$30,0000.15%
$45,0000.17%

*For Preferred Savings Accounts the minimum balance to open an account is $25. The minimum daily balance required to earn interest and obtain the Annual Percentage Yield is $25. Interest is compounded monthly and credited on the last business day of each month. Fees could reduce earnings of the account.

Preferred Money Market

Effective Date: Thursday, December 5, 2024

Preferred Money Market (Rate Table)
ProgramMinimum Daily Balance to earn APYAPY*Actions
Preferred Money Market$250.07%

How To Open - Preferred Money Market

$10,0000.07%
$25,0000.09%
$50,0000.12%
$100,0000.15%

*The minimum daily balance required to earn the stated Rate and Annual Percentage Yield (APY) on the Money Market Account is $25. Interest is compounded monthly and credited on the last business day of each month. Fees could reduce the earnings of the account. These are variable rate accounts where the interest rate and Annual Percentage Yield may change after the account is opened.<

Premium Money Market

Effective Date: Thursday, December 5, 2024

Premium Money Market (Rate Table)
ProgramMinimum Daily Balance to earn APYAPYActions

Premium Money Market

$250.07%

How To Open - Premium Money Market

$100,0000.09%
$250,0000.15%
$500,0001.00%

*For Premium Money Market Accounts the minimum balance to open an account is $25. The minimum daily balance required to earn interest and obtain the Annual Percentage Yield is $25. Interest is compounded monthly and credited on the last business day of each month. Fees could reduce earnings of the account. These are variable rate accounts where the interest rate and Annual Percentage Yield may change after the account is opened.