Personal Account Rates

Checking

Effective Date: Monday, September 16, 2019

Checking

Account Interest RateAnnual Percentage Yield (APY) Minimum Balance to Open and Earn APY
Optimum Plus Checking.05%.05%$10.00

APY = Annual Percentage Yield

Fees may reduce earnings. Variable rate may change after account is opened. Certain restrictions may apply.

 

Savings

Effective Date: Monday, September 16, 2019

Savings

Account Interest RateAnnual Percentage Yield (APY)Minimum Balance to Open & Earn APY
Optimum
Savings
.05%.05%$10.00
Passbook
Savings
.05%.05%$10.00
Holiday Club
Account
.05%.05%$10.00
Vacation Club
Account
.05%.05%$10.00

APY = Annual Percentage Yield

Fees may reduce earnings. Variable rate may change after account is opened. Certain restrictions may apply.

 

Money Market

Effective Date: Monday, September 16, 2019

Money Market

Account BalanceInterest RateAnnual Percentage Yield (APY)
Optimum
Money Market
$0 - $9.990.00%0.00%
Optimum
Money Market
$10.00 - $24,999.990.40%0.40%
Optimum
Money Market
$25,000.00 - $99,999.990.65%0.65%
Optimum
Money Market
$100,000.00 - $249,999.991.01%1.01%
Optimum
Money Market
$250,000.00 and above1.49%1.50%

APY = Annual Percentage Yield

Fees may reduce earnings. Minimum balance to open and earn APY is $10.00. Interest compounded and credited monthly. Variable rate may change after account is opened. Certain other restrictions may apply. Monthly maintenance fee of $5 is waived with a $2,500 average daily balance.

 

Plus One Money Market

Effective Date: Monday, September 16, 2019

Plus One Money Market

BalanceInterest RateAnnual Percentage Yield (APY)
$0 - $9.990%0%
$10.00 and above1.74%1.75%

APY = Annual Percentage Yield

An Optimum Plus or Optimum One Checking Account is required to be eligible to open this account. Minimum balance to open and earn APY is $10.00.

Fees may reduce earnings. Interest compounded and credited monthly. Variable rate may change after account is opened. Certain other restrictions may apply.

Certificates of Deposit

Effective Date: Monday, September 16, 2019

Certificates of Deposit

Term Interest RateAnnual Percentage Yield (APY)Minimum to Open & Earn APY
3 months1.24%1.25%$1,000.00
6 months1.39%1.40%$1,000.00
12 months1.98%2.00%$1,000.00
18 months2.13%2.15%$1,000.00
24 months1.98%2.00%$1,000.00
36 months1.98%2.00%$1,000.00
48 months1.98%2.00%$1,000.00
60 months1.98%2.00%$1,000.00

APY = Annual Percentage Yield

Penalties may be imposed on early withdrawals. Fees may reduce earnings. Rates are subject to change without notice. Select terms available for online account opening. 

 

Individual Retirement Accounts

Effective Date: Monday, September 16, 2019

Individual Retirement Accounts

Term Interest RateAnnual Percentage Yield (APY)Minimum to Open & Earn APY
3 months1.24%1.25%$1,000.00
6 months1.39%1.40%$1,000.00
12 months1.98%2.00%$1,000.00
18 months2.13%2.15%$1,000.00
24 months1.98%2.00%$1,000.00
36 months1.98%2.00%$1,000.00
48 months1.98%2.00%$1,000.00
60 months1.98%2.00%$1,000.00

APY = Annual Percentage Yield

Penalties may be imposed on early withdrawals. Fees may reduce earnings. Rates are subjected to change without notice.

 

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