1123 Rewards checking account must qualify each month to earn the qualified interest reward. To qualify the following transactions must post to the account during the qualification cycle: A. total of $1,000 in direct deposit(s) B. 15 or more debit card transactions that are for a purchase amount of at least $15 each. Qualifying debit card transactions must post and clear the account during the monthly qualification cycle which may take one or more business days to clear from the date the transaction is made. C. One electronic ACH debit. Qualification cycle means a period beginning the first day of the current statement cycle through the last business day of the current statement cycle. If transaction requirements are not meet, the account will earn the standard interest rate. 2 Balances above $25,000 will earn the standard 0.20% APY.
Personal Deposit Rates
The following Personal Deposit account rates are effective as of December 19, 2024.
Things you need to know: All rates are quoted in Annual Percentage Yield (APY) and are applicable as of the effective date. Rates are subject to change without notice. Interest is paid on the full balance for the applicable tier. The APY may change after the account is opened. Some accounts may require minimum deposits. Fees could reduce earnings on the accounts. A penalty may be imposed for early withdrawal of principal for CDs.
| Life Savings | APY | Minimum Opening Balance |
|---|---|---|
| Balance of $0 to $199.99 | 0.01% | $50 |
| Balance $200 to $2,499.99 | 0.03% | $50 |
| Balance $2,500 to $24,999.99 | 0.10% | $50 |
| Balance $25,000 and over | 0.15% | $50 |
| Christmas Club Electronic | 0.10% | $1 |
| Christmas Club Coupon Book | 0.05% | $1 |
| Universal Premium Checking | APY | Minimum Opening Balance |
|---|---|---|
| Balance $0 to $999.99 | 0.20% | $500 |
| Balance $1,000 to $14,999.99 | 0.45% | $500 |
| Balance $15,000 to $74,999.99 | 0.70% | $500 |
| Balance $75,000 to $149,999.99 | 0.90% | $500 |
| 1-2-3 Rewards Checking | Standard APY | Qualified APY1 | Minimum Opening Balance |
|---|---|---|---|
| Daily balance $0 to $999.99 | 0.10% | 0.25% | $500 |
| Daily balance $1,000 to $14,999.99 | 0.10% | 0.65% | $500 |
| Daily balance $15,000 to $25,000 | 0.10% |
0.90%
|
$500 |
| Daily balance $25,000.01 and above | 0.10% | 0.20%2 | $500 |
| Superior Savings Money Market | APY | Minimum Opening Balance |
|---|---|---|
| Balance $0 to $49,999.99 | 0.00% | $5,000 |
| Balance $50,000 to $99,999.99 | 0.00% | $5,000 |
| Balance $100,000.00 to $199,999.99 | 0.25% | $5,000 |
| Balance $200,000 and over | 0.50% | $5,000 |
| Premium Savings Money Market | APY | Minimum Opening Balance |
|---|---|---|
| Balance $0 to $249,999.99 | 0.00% | $50,000 |
| Balance $250,000 to $499,999.99 | 1.00% | $50,000 |
| Balance $500,000.00 to $999,999.99 | 1.26% | $50,000 |
| Balance $1,000,000 and over | 1.51% | $50,000 |
| Certificates of Deposit (CD) | APY | Minimum Opening Balance |
|---|---|---|
| 91 Day | 3.03% | $500 |
| 182 Day | 4.04% | $500 |
| 9 Month | 2.51% | $500 |
| 12 Month | 2.78% | $500 |
| 15 Month | 2.88% | $500 |
| 18 Month | 1.91% | $500 |
| 24 Month | 1.51% | $500 |
| 30 Month | 1.76% | $500 |
| 36 Month | 1.81% | $500 |
| 45 Month | 2.01% | $500 |
| 48 Month | 2.27% | $500 |
| 60 Month | 1.25% | $500 |