Rates

Certificates of Deposit Rates as of October 31, 2018

Term of CD

Minimum Opening Balance Interest Rate Annual Percentage Yield Jumbo Interest Rate Jumbo Annual Percentage Yield***
           
6 months $1,000 0.65% 0.65% 0.75% 0.75%
12 months $,1000 0.75% 0.75% 0.80% 0.80%
18 months $1,000 0.85% 0.85% 0.90% 0.90%
13 months* $5,000 2.20% 2.22% 2.35% 2.38%
24 months $1,000 1.00% 1.00% 1.10% 1.10%
25 months* $5,000 2.35% 2.38% 2.45% 2.47%
30 months $1,000 1.05% 1.05% 1.15% 1.15%
36 months $1,000 1.15% 1.16% 1.25% 1.26%
48 months $1,000 1.50% 1.51% 1.60% 1.61%
5 years $1,000 1.85% 1.86% 2.00% 2.02%

*Rate and term available only to HNB checking account holders.

Due to market fluctuations and at our discretion, rates may change on variable accounts after account is opened. Penalty imposed for early withdrawal on certificates of deposit.

Penalty for early CD withdrawal
CDs maturing in 1 year or less – penalty is 3 months of interest earned or would have been earned.
CDs maturing in over 1 year – penalty is 6 months of interest earned or would have been earned.

Jumbo rate applies to balances of $100,000.00 and over.

***Annual Percentage Yield – assumes interest remains on deposit until maturity.

 


IRA Rates as of October 31, 2018

  Interest Rate Annual Percentage Yield
$1,000 minimum 1.05% 1.05%

IRA interest rates are subject to change quarterly and are based on the 30 month CD rate.

 


Checking Deposit Rates as of October 31, 2018

Home Plus Checking Interest Rate Annual Percentage Yield
$0.01 and above 0.10% 0.10%

 

Home Grand Checking Interest Rate Annual Percentage Yield
$0.01 – $4,999.99 0.05% 0.05%
$5,000.00 – $9,999.99 0.15% 0.15%
$10,000.00 – $24,999.99 0.15% 0.15%
$25,000.00 – $49,999.99 0.15% 0.15%
$50,000.00 – $99,999.99 0.15% 0.15%
$100,000.00 and above 0.15% 0.15%

Due to market fluctuations and at our discretion, rates may change on variable accounts after account is opened.  Fees could reduce earnings. Fees could reduce earnings. Annual percentage yield is based on a $1,000 account balance.  Minimum opening deposit is $1,000.

 


Savings Deposit Rates as of October 31, 2018

Home Savings Interest Rate Annual Percentage Yield
No minimum balance 0.10% 0.10%

 

Home Grown Kids' Club Interest Rate Annual Percentage Yield
No minimum balance 0.50% 0.50%

 

HomeGrown Kids' Plus Interest Rate Annual Percentage Yield
No minimum balance 1.25% 1.25%

 

Home Tiered Savings Interest Rate Annual Percentage Yield
$0.01 – $4,999.99 0.05% 0.05%
$5,000.00 – $24,999.99 0.15% 0.15%
$25,000.00 – $49,999.99 0.15% 0.15%
$50,000.00 – $99.999.99 0.15% 0.15%
$100,000.00 and above 0.15% 0.15%

Due to market fluctuations and at our discretion, rates may change on variable accounts after account is opened. Fees could reduce earnings. Annual percentage yield displayed is based on a $1,000 account balance. Minimum opening deposit is $20 or $10 for Home Grown Kids' Club.