Rates

APY = Annual Percentage Yield. Rates effective as of May 25, 2022. Fees may reduce earnings.

Hometown Rewards with Interest Learn More

Balance Interest Rate APY
$0.01 - $25,000 1.00% 1.01%
$25,000.01+ 0.25% 1.01% to 0.29%
All balances if qualifications not met 0.15% 0.15%

Qualifications

Earning the full rewards is so easy, you're probably already doing it! To earn your rewards, simply do the following activities and transactions in your Hometown Rewards with Interest account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Receive statement monthly electronically

Deposit Accounts

Product Balance Interest Rate APY
Hometown Saver All 0.25% 0.25%
1892 Founders Club Checking $1,000+ 0.20% 0.20%
Savings Account All 0.10% 0.10%
Business Savings Account All 0.10% 0.10%

Checking Plus Learn More

Balance Interest Rate APY
$1,000 - $4,999.99 0.10% 0.10%
$5,000+ 0.15% 0.15%

Health Savings Account Learn More

Balance Interest Rate APY
$0.01 - $9,999.99 0.10% 0.10%
$10,000 - $24,999.99 0.15% 0.15%
$25,000+ 0.18% 0.18%

Money Market Account Learn More

Balance Interest Rate APY
$2,500 - $9,999.99 0.20% 0.20%
$10,000 - $24,999.99 0.30% 0.30%
$25,000+ 0.35% 0.35%

Hometown Money Market Deposit Account Learn More

Balance Interest Rate APY
$0.01 - $25,000.00 0.25% 0.25%
$25,000.01 - $100,000.00 0.35% 0.25% - 0.33%
$100,000.01 - $250,000.00 0.55% 0.33% - 0.46%
$250,000.01 + 0.80% 0.46% - 0.63%

Certificates of Deposit Learn More

Term Interest Rate APY
1 Month 0.35% 0.35%
3 Months 0.50% 0.50%
6 Months 0.60% 0.60%
12 Months 0.90% 0.90%
18 Months 1.00% 1.00%
24 Months 1.20% 1.21%
30 Months 1.30% 1.31%
48 Months 1.50% 1.51%
60 Months 1.60% 1.61%
     

Penalty for early withdrawal.

Hometown Freedom CD Learn More

With the Hometown Freedom CD, you have the freedom to:

  • Add to CD at anytime
  • make 2 penalty free withdrawals
Term Interest Rate APY
24 Months 1.30% 1.31%

Minimum opening deposit of $500.00 required.  Additions to CD in minimum amounts of $100.00.  After 2 withdrawals, early withdrawal penalties apply.

CD Specials offered for a limited time.

Individual Retirement Accounts Learn More

Term Interest Rate APY
18 Month Variable 1.10% 1.10%
12 Month Fixed 1.00% 1.00%
18 Month Fixed 1.10% 1.10%
30 Month Fixed 1.40% 1.41%

Penalty for early withdrawal. Variable rate certificate-rate is subject to change quarterly (3-31, 6-30, 9-30, 12-31).

Business Checking Plus Learn More

Balance Interest Rate APY
$1,000 - $4,999.99 0.10% 0.10%
$5,000+ 0.15% 0.15%

Business Certificates of Deposit Learn More

Term Interest Rate APY
1 Month 0.35% 0.35%
3 Months 0.50% 0.50%
6 Months 0.60% 0.60%
12 Months 0.90% 0.90%
18 Months 1.00% 1.00%
24 Months

1.20%

 1.21%
30 Months 1.30% 1.31%
48 Months 1.50% 1.51%
60 Months 1.60% 1.61%

Penalty for early withdrawal.

Business Money Market Account Learn More

Balance Interest Rate APY
$2,500 - $9,999.99 0.20% 0.20%
$10,000 - $24,999.99 0.30% 0.30%
$25,000+ 0.35% 0.35%

Simplified Employee Pension (SEP IRA) Learn More

Term Interest Rate APY
18 Month Variable 1.10% 1.10%
12 Month Fixed 1.00% 1.00%
18 Month Fixed 1.10% 1.10%
30 Month Fixed 1.40% 1.41%

Penalty for early withdrawal. Variable rate certificate-rate is subject to change quarterly (3-31, 6-30, 9-30, 12-31).

Annual Percentage Yields (APY) on certificates are based on actual days per month/per year and quarterly compounding.