Hometown Community Bank

CD/IRA

Interest Rates and Annual Percentage Yields are effective as of October 18, 2021

Certificate of Deposit Account (CD)

ACCOUNT TYPE

TERM

INTEREST RATE

APY QUARTERLY

MINIMUM DEPOSIT TO OPEN:

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 30 Days

INTEREST RATE: 0.05%

APY QUARTERLY: 0.05% (at maturity)

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 3 Months

INTEREST RATE: 0.05%

APY QUARTERLY: 0.05%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 6 Months

INTEREST RATE: 0.10%

APY QUARTERLY: 0.10%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 9 Months

INTEREST RATE: 0.13%

APY QUARTERLY: 0.13%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 12 Months

INTEREST RATE: 0.18%

APY QUARTERLY: 0.18%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 18 Months

INTEREST RATE: 0.20%

APY QUARTERLY: 0.20%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 24 Months

INTEREST RATE: 0.23%

APY QUARTERLY: 0.23%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 30 Months

INTEREST RATE: 0.28%

APY QUARTERLY: 0.28%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 36 Months

INTEREST RATE: 0.35%

APY QUARTERLY: 0.35%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 48 Months

INTEREST RATE: 0.35%

APY QUARTERLY: 0.35%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: Certificate of Deposit Account

TERM: 60 Months

INTEREST RATE: 0.35%

APY QUARTERLY: 0.35%

MINIMUM DEPOSIT TO OPEN: $500

 

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: 0.13%

APY QUARTERLY: 0.13% (at maturity)

MINIMUM DEPOSIT TO OPEN: $50

ACCOUNT TYPE: IRA Golden Variable

TERM: 6 Months

INTEREST RATE: 0.10%

APY QUARTERLY: 0.10%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: IRA Golden Variable

TERM: 12 Months

INTEREST RATE: 0.18%

APY QUARTERLY: 0.18%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: IRA Golden Variable

TERM: 18 Months

INTEREST RATE: 0.20%

APY QUARTERLY: 0.20%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: IRA Golden Variable

TERM: 24 Months

INTEREST RATE: 0.23%

APY QUARTERLY: 0.23%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: IRA Golden Variable

TERM: 36 Months

INTEREST RATE: 0.35%

APY QUARTERLY: 0.35%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: IRA Golden Variable

TERM: 48 Months

INTEREST RATE: 0.35%

APY QUARTERLY: 0.35%

MINIMUM DEPOSIT TO OPEN: $500

ACCOUNT TYPE: IRA Golden Variable

TERM: 60 Months

INTEREST RATE: 0.35%

APY QUARTERLY: 0.35%

MINIMUM DEPOSIT TO OPEN: $500

 

CD Penalty (on amount withdrawn early):
Term: under 1 year = 3 months interest
Term: 1 to 2 years = 6 months interest
Term: Over 2 years = 12 months interest