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Deposit processing services offered through this site are provided by Waterfield Bank.
Rates subject to change and are only available through this site.
Product interest rates effective as of .

Checkingopen an account

  Min. Opening Balance Required to Earn Interest Interest Rate APY
Free Checking*n/an/an/an/a
    
Interest Checking**$50.00$1.00 - 999.990.10%0.10%
$50.00$1,000.00-24,999.990.15%0.15%
$50.00$25,000.00 +0.40%0.40%


Savingsopen an account

  Min. Opening Balance Min. Required to Earn Interest Interest Rate APY
High Yield
Money Market Savings		$1$11.98%2.00%


Money Marketopen an account

  Min. Opening Balance Min. Required to Earn Interest Interest Rate APY
Money Market$200.00$1.00 – 24,999.990.06%0.06%
$200.00$25,000.00 – 49,999.991.39%1.40%
$200.00$50,000.00 – 99,999.991.63%1.65%
    
Jumbo Money Market***$100,000$100,000 +1.98%2.00%


Certificates of Deposit (CDs)open an account

  Min. Opening Balance Min. Required to Earn Interest Interest Rate APY
1-Month Term$8,000$8,000 – 19,000.002.96%3.00%
$20,000$20,000 – 49,999.992.96%3.00%
$50,000$50,000 – 99,999.992.96%3.00%
    
3-Month Term$8,000$8,000 – 19,000.002.23%2.25%
$20,000$20,000 – 49,999.992.23%2.25%
$50,000$50,000 – 99,999.992.23%2.25%
    
6-Month Term$8,000$8,000 – 19,000.002.23%2.25%
$20,000$20,000 – 49,999.992.23%2.25%
$50,000$50,000 – 99,999.992.23%2.25%
    
12-Month Term$8,000$8,000 – 19,000.002.28%2.30%
$20,000$20,000 – 49,999.992.28%2.30%
$50,000$50,000 – 99,999.992.28%2.30%
    
2-Year Term$8,000$8,000 – 19,000.002.28%2.30%
$20,000$20,000 – 49,999.992.28%2.30%
$50,000$50,000 – 99,999.992.28%2.30%
    
3-Year Term$8,000$8,000 – 19,000.002.28%2.30%
$20,000$20,000 – 49,999.992.28%2.30%
$50,000$50,000 – 99,999.992.28%2.30%
    
5-Year Term$8,000$8,000 – 19,000.002.28%2.30%
$20,000$20,000 – 49,999.992.28%2.30%
$50,000$50,000 – 99,999.992.28%2.30%


*Free Checking is non-interest bearing.

**For Interest Checking accounts with balances below $25, the Rate/APY will drop to 0%. Interest Checking accounts will incur a $10 monthly service fee if the monthly average balance falls below $25.

Interest Checking accounts are variable rate products and rates may change daily without prior notification. Waterfield Bank uses the daily balance method of computing interest, which applies a periodic rate to the full collected amount of principal in the account each day.

***For Jumbo Money Market accounts with balances below $100,000, the Rate/APY will be calculated based on the Money Market tiers. The Jumbo Money Market Account will incur the $10 monthly service fee if the monthly average balance falls below $200.

Money Market Savings accounts are variable rate products and rates may change daily without prior notification. Waterfield Bank uses the daily balance method of computing interest, which applies a periodic rate to the full collected amount of principal in the account each day.

Annual Percentage Yield Calculation: APY = 100 {(1+Interest/Principal) (365/Days in term) -1}. For additional rules of accounts, see the Terms & Conditions.