Interest Rates    Effective as of September 8, 2014

"Relationship Banking" - new and existing customers who have a relationship, which must include a checking, savings, money market, loan account or multiple certificates of deposit will receive a higher rate when they open or renew a certificate of deposit. For more information, contact a Customer Relationship Representative.

Certificates of Deposits and IRA’s

Quarterly Compounding

 

Regular Interest Rates    

Term (Min. Deposit $1,000)

Interest Rate

APY*

90 Day

0.15 %

0.15 %

180 Day

0.20 %

0.20 %

12 Month

0.45 %

0.45 %

18 Month

0.45 % 0.45 %

24 Month

0.65 %

0.65 %

36 Month

0.85 %

0.85 %

48 Month

1.10 %

1.10 %

60 Month

1.25 %

1.25 %

 

Special Interest Rates    

Term:  None at this time

 

Interest Rate: 

 

 

APY*: 

 


*Annual Percentage Yield

Note:  Rates may change at any time without prior notice.  A penalty may be imposed for early withdrawal. Fees may reduce earnings.

 


 

Personal Checking & Savings

Minimum Opening Balance for all accounts is $250.00
Monthly Compounding

Account

Interest Rate

APY*

Min. Balance **

Concord Select (N.O.W. Account)

0.10 %

0.10 %

 $1,000.00

Concord Savers

0.20 %

0.20 %

 $500.00

Super Saver (Children 18 and Under)

0.50 %

0.50 %

 None

Concord Money Market

     $1,000.00

   Balances up to $10,000

0.15 %

0.15 %

 

   Balances $10,000-$24,999

0.20 %

0.20 %

 

   Balances $25,000-$49,999

0.25 %

0.25 %

 

   Balances $50,000 Over

0.35 %

0.35 %

 

  

Commercial Checking and Savings Accounts

Minimum Opening Balance for all accounts is $250.00
Monthly Compounding

Account

Interest Rate

APY*

 Min. Balance**

Interest-Bearing Checking

0.10 %

0.10 % 

 $2,500.00

N.O.W. Commercial

0.10 %

0.10 %

 $2,500.00

Commercial Savings

0.20 %

0.20 %

 $1,000.00

Commercial Money Market

     $5,000.00

   Balances up to $10,000

0.15 %

0.15 %

 

   Balances $10,000-$24,999

0.20 %

0.20 %

 

   Balances $25,000-$49,999

0.25 %

0.25 %

 

   Balances $50,000 Over

0.35 %

0.35 %

 

*Annual Percentage Yield

**Minimum Balance is required to avoid Service Charges/ Maintenance Fees

Note:  Rates may change at any time without prior notice. Fees may reduce earnings.