Rates

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Interest Rates

Interest Rates Effective Date: April 21, 2017

Short Term Deposit Interest Rates

Type of Account/Term Minimum Opening Balance Minimum Daily Balance to Obtain APY1 Compounding Frequency Interest Rate APY1, 2
Certificates of Deposit
Fixed 3 mo. $1,000 $1,000 Maturity 0.15% 0.15%
Fixed 6 mo. $1,000 $1,000 Quarterly 0.25% 0.25%
Fixed 12 mo. $1,000 $1,000 Quarterly 0.40% 0.40%
Fixed 18 mo. $1,000 $1,000 Quarterly 0.45% 0.45%
Fixed 21 mo. $1,000 $1,000 Quarterly 0.90% 0.90%

1Annual Percentage Yield. 2A penalty will or may be imposed for early withdrawal.


Long Term Deposit Interest Rates

Type of Account/Term Minimum Opening Balance Minimum Daily Balance to Obtain APY1 Compounding Frequency Interest Rate APY1, 2
Certificates of Deposit
Fixed 2 yr. $1,000 $1,000 Quarterly 0.65% 0.65%
Fixed 30 mo. $1,000 $1,000 Quarterly 1.10% 1.10%
Fixed 3 yr. $1,000 $1,000 Quarterly 0.90% 0.90%
Fixed 4 yr. $1,000 $1,000 Quarterly 1.14% 1.15%
Fixed 5 yr. $1,000 $1,000 Quarterly 1.29% 1.30%

1Annual Percentage Yield. 2A penalty will or may be imposed for early withdrawal.


Checking and Savings Interest Rates

Type of Account** Minimum Opening Balance Minimum Daily Balance to Obtain APY1 Compounding Frequency Interest Rate APY1, 2
Savings Account $50 $50 Quarterly 0.10% 0.10%
Health Savings Account $100 Tiered        
    $0 - $2,499.99 Monthly 0.10% 0.10%
    $2,500 - $9,999.99 Monthly 0.20% 0.20%
    $10,000 & UP Monthly 0.35% 0.35%
NOW Account Checking $1,000 $1,000 Monthly 0.05% 0.05%
Choice Plus Checking $100 $1,000 Monthly 0.05% 0.05%
Choice Gold & Choice 50 Gold $100 Tiered $1,000      
Base Rate   $1,000 Monthly 0.05% 0.05%
Tier 2   $1,000 Monthly 0.07% 0.07%
Tier 3   $1,000 Monthly 0.09% 0.09%
Tier 4   $1,000 Monthly 0.11% 0.11%
Tier 5   $1,000 Monthly 0.13% 0.13%
Tier 6   $1,000 Monthly 0.15% 0.15%
Easy Money Investment Checking $10,000 $10,000 Monthly 0.19% 0.19%
Business Partner Money Market $10,000 $10,000 Monthly 0.10% 0.10%
Regular
Money Market Fund $2,500 TIERED        
    UNDER $500 N/A 0 0
    $500-$2,499.99 Monthly 0.05% 0.05%
    $2,500--$10,000 Monthly 0.05% 0.05%
    $10,000.01 & UP Monthly 0.10% 0.10%

1Annual Percentage Yield. 2Variable Interest Rate Accounts: The annual percentage yield may change after the account is opened. Fees and/or other conditions could reduce earnings. Rates are subject to change daily. Rates from online sources, other than The Cecilian Bank website, will not be recognized.


Individual Retirement Accounts (IRAs)

Type of Account/Term Minimum Opening Balance Minimum Daily Balance to Obtain APY* Compounding Frequency Interest Rate APY 1, 2
Fixed 3 mo. $100 $100 Quarterly 0.05% 0.05%
Fixed 12 mo. $100 $100 Quarterly 0.45% 0.45%
Fixed 18 mo. $100 $100 Quarterly 0.50% 0.50%
Fixed 24 mo. $100 $100 Quarterly 0.70% 0.70%
Fixed 30 mo. $100 $100 Quarterly 0.85% 0.85%
Fixed 36 mo. $100 $100 Quarterly 0.95% 0.95%
Fixed 48 mo. $100 $100 Quarterly 1.19% 1.20%
Fixed 60 mo. $100 $100 Quarterly 1.34% 1.35%

1Annual Percentage Yield. A penalty will or may be imposed for early withdrawal. 2Variable Interest Rate Accounts: The annual percentage yield may change after the account is opened. Fees and/or other conditions could reduce earnings. Rates are subject to change daily. Rates from online sources, other than The Cecilian Bank website, will not be recognized.


TGIF Index, Community Partner Investment Checking, Business Partner Investment Checking

Collected Balance Minimum Opening Balance Index Margin Interest Rate APY1,2
Business Partner Investment3 $1,000        
Community Partner Investment3 $1,000        
TGIF3 $2,500        
$0.01 -- $999.99   No Interest      
$1,000 -- $2,499.99   0.81% -0.76% 0.05% 0.05%
$2,500 -- $9,999.99   0.81% -0.76% 0.05% 0.05%
$10,000 -- $24,999.99   0.81% -0.76% 0.05% 0.05%
$25,000 -- $49,999.99   0.81% -0.74% 0.07% 0.07%
$50,000 -- $99,999.99   0.81% -0.71% 0.10% 0.10%
$100,000 and up   0.81% -0.71% 0.10% 0.10%

1Annual Percentage Yield. 2Variable Interest Rate Accounts: The annual percentage yield may change after the account is opened. Fees and/or other conditions could reduce earnings. Rates are subject to change daily. Rates from online sources, other than The Cecilian Bank website, will not be recognized. 3The minimum balance to obtain APY is $1,000.


MAX Index

Balance Levels Percentage Index Interest Rate APY1
$10,000 or less 4% of average Fed Fund Rate 0.7562% 0.03% 0.03%
In excess of $10,000 8% of average Fed Fund Rate 0.7562% 0.06% 0.06%
In excess of $25,000 13% of average Fed Fund Rate 0.7562% 0.10% 0.10%
In excess of $100,000 13% of average Fed Fund Rate 0.7562% 0.10% 0.10%
In excess of $250,000 17% of average Fed Fund Rate 0.7562% 0.13% 0.13%
In excess of $1,000,000 25% of average Fed Fund Rate 0.7562% 0.19% 0.19%

1Annual Percentage Yield.