Deposit Rates


Rates Accurate as of April 16, 2018


Special Terms Interest Annual Percentage Yield (APY) Min. to Open Min. Balance to Earn APY
5 Year Relationship CD¹ 2.50% 2.50% $500.00 $500.00
27 Month SPECIAL* 2.47% 2.50% $2,500.00 $2,500.00
Open an account online!

¹ This offer requires the account holder to have a Premier Choice Checking Account. In addition, each month the interest accrued on the certificate of deposit will be automatically deposited into your Premier Choice Checking account. After account opening, the APY will be reduced to 1.50% if either of the two conditions are not met.

* Product automatically renews into 30 Month CD. 



Terms Interest APY Min. to Open Min. Balance to Earn APY
3 Months .25% .25% $500.00 $500.00
6 Months1 .30% .30% $500.00 $500.00
9 Months .45% .45% $500.00 $500.00
1 Year1 .60% .60% $500.00 $500.00
1.5 Years1 .70% .70% $500.00 $500.00
2 Years1 1.00% 1.00% $500.00 $500.00
2.5 Years 1.09% 1.10% $500.00 $500.00
LIQUID CD: 3 Years; variable1* .70% .70% $500.00 $500.00
3 Years; Fixed Rate1 1.29% 1.30% $500.00 $500.00
4 Years1 1.49% 1.50% $500.00 $500.00
5 Years1 2.47% 2.50% $500.00 $500.00

1Also available for IRA’s
* Product allows customer to make deposits at any time without affecting the maturity date. One (1) penalty free withdrawal allowed per quarter, consisting of funds on deposit longer than seven (7) days. The rate may change after the account is opened.



Terms

Interest APY Min. to Open Min. Balance to Earn APY
Classic Savings (Passbook) .05% .05% $10.00 $100.00
Christmas Club (Passbook) .05% .05% $10.00 $10.00
Statement Savings .05% .05% $10.00 $100.00
e-Choice Savings .25% .25% $10.00 $100.00
Premier Choice Savings:
Premier Choice Checking account is required ($25 min to open; $5,000 min balance to avoid $27 monthly service fee)
.85% .85% $10.00 $50,000.00 or more
.25% .25% $25,000.00 to $49,999.99
.20% .20% $10,000.00 to $24,999.99
.15% .15% $100.00 to $9.999.99
0.00% 0.00% Under $100.00



Terms Interest APY Min. to Open Min. Balance to Earn APY
Free Choice N/A N/A $25.00 N/A
e-Choice N/A N/A $25.00 N/A
18/65 Choice .05% .05% $25.00 $100.00 or more
Unlimited Choice NOW .05%
0.00%
.05%
0.00%
$25.00
$25.00
$100.00 or more
Under $100
Premier Choice .15% .15% $25.00 Over $50,000.00
.10% .10% $25,000.00 to $49,999.99
.05% .05% $10,000.00 to $24,999.99
.05% .05% $5,000.00 to $9,999.99
.05% .05% $100.00 to $4,999.99
0.00% 0.00% Under $100.00
Choice Free Business N/A N/A $250.00 N/A
Choice 200 Business N/A N/A $250.00 N/A
Premier Choice Business Analysis N/A N/A $250.00 N/A
Choice IOLTA .15% .15% $25.00 Over $50,000.00
.10% .10% $25,000.00 to $49,999.99
.05% .05% $10,000.00 to $24,999.99
.05% .05% $5,000.00 to $9,999.99
.05% .05% $100.00 to $4,999.99
0.00% 0.00% Under $100.00
Choice Non-Profit N/A N/A $100.00 N/A



Terms Interest APY Min. to Open Min. Balance to Earn APY
Personal Money Market .50% .50% $100.00 Over $50,000.00
.40% .40% $25,000.00 to $49,999.99
.35% .35% $10,000.00 to $24,999.99
.30% .30% $500.00 to $9,999.99
.25% .25% $100 – $499.99
0.00% 0.00% Under $100.00
Choice Business Money Market .45% .45% $100.00 Over $75,000.00
.40% .40% $50,000.00 to $74,999.99
.35% .35% $25,000.00 to $49,999.99
.30% .30% $500.00 to $24,999.99
.25% .25% $100.00 to $499.99
0.00% 0.00% Under $100.00
Municipal Money Market .40% .40% $100.00 Over $75,000.00
.35% .35% $50,000.00 to $74,999.99
.35% .35% $25,000.00 to $49,999.99
.30% .30% $500.00 to $24,999.99
.25% .25% $100.00 to $499.99
0.00% 0.00% Under $100.00


Product offers, interest rates, Annual Percentage Yields (APY) and all terms and other information provided on this rate sheet are subject to change without notice. The appropriate disclosures will be mailed to you upon your request. You may request these documents before opening your account, and we urge you to verify current information, by calling 1-888-MECHANICS (632-4264).

Personal and Business Money Market, Premier Choice, Unlimited Choice NOW and the Liquid CD (3 years; variable) accounts may be subject to maintenance or activity fees that could reduce earnings on the account. The interest rate on variable rate accounts may change after the account has been opened. Fixed rate CD and IRA rates are guaranteed for the length of the specified term. A substantial penalty may be imposed for early withdrawal of a certificate of deposit. Certain other restrictions may apply.

DON'T HAVE AN ACCOUNT?

Request information today!

Contact Us Today
Mobile Banking App Promotion