Rates
Certificates of Deposit Rates as of February 1, 2020
| Term of CD | Minimum Opening Balance | Interest Rate | Annual Percentage Yield | Jumbo Interest Rate | Jumbo Annual Percentage Yield*** |
|---|---|---|---|---|---|
| 6 months | $1,000 | 0.55% | 0.55% | 0..65% | 0.65% |
| 12 months | $1,000 | 0.75% | 0.75% | 0.80% | 0.80% |
| 18 months | $1,000 | 0.85% | 0.85% | 0.90% | 0.90% |
| 13 months* | $5,000 | 1.60% | 1.61% | 1.70% | 1.71% |
| 24 months | $1,000 | 1.00% | 1.00% | 1.10% | 1.10% |
| 25 months* | $5,000 | 1.75% | 1.76% | 1.85% | 1.86% |
| 30 months | $1,000 | 0.80% | 0.80% | 0.85% | 0.85% |
| 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 | 1.60% | 1.61% | 1.70% | 1.71% |
*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 February 1, 2020
| Minimum Opening Balance | Interest Rate | Annual Percentage Yield |
|---|---|---|
| $1,000 | 0.80% | 0.80% |
IRA interest rates are subject to change quarterly and are based on the 30 month CD rate.
Checking Deposit Rates as of February 1, 2020
| 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. Annual percentage yield is based on a $1,000 account balance. Minimum opening deposit is $1,000, or waived with direct deposit.
Savings Deposit Rates as of February 1, 2020
| 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 $1,000 for Home Tiered Savings, $20 for Home Savings, or $10 for Home Grown Kids Club or Home Grown Kids Plus.
Fees
| Description | Charge |
|---|---|
| Check Printing | Fee Dependent Upon Style of Check |
| Cashier’s Check | $5.00 |
| Personal Money Order (Up to $1,000.00) |
$1.50 |
| Paid Overdraft | $32.00 |
| Overdraft Daily Maximum Charge (3 Items) |
$96.00 |
| Non-Sufficient Funds Item | $32.00 |
| Non-Sufficient Funds Daily Maximum Charge (3 Items) |
$96.00 |
| Stop Payment | $32.00 |
| Replace Lost, Stolen, or Damaged Visa Check Card | $7.50 |
| Reg D Violation (Excess of 6 limited transactions in Savings Accounts) |
$5.00 per transaction |
| Visa Gift Card | $1.50 per card |
| Statement History Per Hour ($10.00 Minimum) |
$10.00 |
| Statement Balancing Per Hour ($5.00 Minimum) |
$10.00 |
| Wire Transfer – Outgoing Domestic | $25.00 |
| Wire Transfer – Incoming Domestic | $15.00 |
| Wire Transfer – Foreign | Call 765-436-2222 ext 1278 for Current Rate |
| Dormant Account Fee (Checking account with no activity after 1 year) (Savings account with no activity after 2 years) |
$10.00 per year |
| Early Account Closure Fee – (within the first 90 days) | $25.00 |
