Hometown Community Bank

CD/IRA

Interest Rates and Annual Percentage Yields are effective as of August 2, 2022

Certificate of Deposit Account (CD)/Individual Retirement Account (IRA)

ACCOUNT TYPE

TERM

INTEREST RATE

APY QUARTERLY

MINIMUM DEPOSIT TO OPEN:

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 6 Months

INTEREST RATE: 0.20%

APY QUARTERLY: 0.20% (at maturity)

MINIMUM DEPOSIT TO OPEN: $1,000.00

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 10 Months SPECIAL

INTEREST RATE: 0.75%

APY QUARTERLY: 0.75%

MINIMUM DEPOSIT TO OPEN: $1,000.00

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 12 Months

INTEREST RATE: 0.30%

APY QUARTERLY: 0.30%

MINIMUM DEPOSIT TO OPEN: $1,000.00

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 17 Months SPECIAL

INTEREST RATE: 1.74%

APY QUARTERLY: 1.75%

MINIMUM DEPOSIT TO OPEN: $1,000.00

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 18 Months

INTEREST RATE: 0.35%

APY QUARTERLY: 0.35%

MINIMUM DEPOSIT TO OPEN: $1,000.00

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 24 Months

INTEREST RATE: 0.40%

APY QUARTERLY: 0.40%

MINIMUM DEPOSIT TO OPEN: $1,000.00

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 30 Months

INTEREST RATE: 0.40%

APY QUARTERLY: 0.40%

MINIMUM DEPOSIT TO OPEN: $1,000.00

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 36 Months

INTEREST RATE: 0.45%

APY QUARTERLY: 0.45%

MINIMUM DEPOSIT TO OPEN: $1,000.00

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 48 Months

INTEREST RATE: 0.60%

APY QUARTERLY: 0.60%

MINIMUM DEPOSIT TO OPEN: $1,000.00

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 60 Months

INTEREST RATE: 0.70%

APY QUARTERLY: 0.70%

MINIMUM DEPOSIT TO OPEN: $1,000.00

 

Individual Retirement Account (IRA)

ACCOUNT TYPE

TERM

INTEREST RATE

APY QUARTERLY

MINIMUM DEPOSIT TO OPEN:

ACCOUNT TYPE: IRA Golden Variable

TERM: 18 months

INTEREST RATE: 0.23%

APY QUARTERLY: 0.23% (at maturity)

MINIMUM DEPOSIT TO OPEN: $50

 

CD Penalty (on amount withdrawn early):
Term: under 1 year = 90 days interest
Term: 1 to 2 years = 180 days interest
Term: Over 2 years = 365 days interest