Current Rates

 

Certificates of Deposit

Individual Retirement Accounts

Term Interest Rate APY *
Six Months 0.50% 0.50%
One Year 0.75% 0.75%
Two Years 0.99% 1.00%
Three Years 1.24% 1.25%
Four Years 1.39% 1.40%
Five Years 1.49% 1.50%
Term Interest Rate APY *
One Year 0.75% 0.75%
Two Years 1.00% 1.00%
Three Years 1.24% 1.25%
Four Years 1.39% 1.40%
Five Years 1.49% 1.50%

 

Deposit Accounts

Term Daily Balances Interest Rate APY *
Interest Checking up to $2,499.99 0.25% 0.25%
$2,500.00 to $24,999.99 0.35% 0.35%
$25,000.00 and up 0.50% 0.50%
Priority Club Interest Checking up to $2,499.99 0.25% 0.25%
$2,500.00 to $24,999.99 0.35% 0.35%
$25,000.00 and up 0.50% 0.50%
Money Market Checking up to $2,499.99 0.25% 0.25%
$2,500.00 to $9,999.99 0.35% 0.35%
$10,000.00 and up 0.60% 0.60%
Traditional Savings All 0.50% 0.50%

The Deposit Accounts interest rates and annual percentage yields may change after account opening.

 

The Certificates of Deposit and Individual Retirement Accounts are based on a minimum deposit of $1,000.00 with a minimum balance of $1,000.00 required to obtain the Annual Percentage Yield. A penalty may be imposed for early withdrawal.

 

 

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (Including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

 

The term "noninterest-bearning transaction account" includes a traditional checking account or demand deposit account on which the insured depositoryinstitution pays no interest. It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts, and Interest on Lawyers Trust Accounts ("IOLTA's").

 

For more information about FDIC insurance coverage of noninterest bearing transaction accounts, visit www.fdic.gov/deposit/deposits/unlimited/expiration.html.

 

Rates current as of Friday, May 10, 2013

 

* Annual Percentage Yield

Current Oklahoma Locations: Hydro 405-663-2214 | Weatherford 580-774-1300 | Eakly 405-797-3686