Deposit Rates

CDs

CD Specials - No Checking Required
Term	APY*
11 months	0.85%
20 months	0.95%

*Annual Percentage Yield (APY) is accurate as of March 25, 2020 and subject to change before account opening. Minimum deposit to open is $1,000. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal. Available for a limited time only; offer may be withdrawn at any time. New money only; funds not currently on deposit with Jewett City Savings Bank. Available to businesses and organizations.

IRA CD Special
Term	APY*
1 Year	1.50%
2 Years	1.50%

*Annual Percentage Yield (APY) accurate as of March 25, 2020 and subject to change before account opening. Minimum deposit to open is $1,000. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal. Available for a limited time only; offer may be withdrawn at any time. IRAs are considered individual retirement accounts and are subject to IRS rules and regulations. Available for prior year and current year IRA contributions only of up to $7,000 per tax year. IRS maximum contributions for 2019-2020 IRAs: $6,000; $7,000 for persons age 50 or older. Please consult your tax advisor regarding the potential tax implications of an IRA.

Certificates of Deposit (CDs)
Term	APY*
91 Days	0.15%
6 Months	0.20%
1 Year	0.50%
1 1/2 Years	0.65%
2 Years	0.75%
2 1/2 Years	0.90%
3 Years	0.95%
4 Years	1.00%
5 Years	1.20%

Bump-Up CDs
Term	APY*
18 months	0.60%
42 months	0.83%

*Annual Percentage Yield (APY) is accurate as of March 25, 2020 and subject to change before account opening. Minimum deposit to open is $1,000. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal. At the account holder’s request, the interest rate and APY may be increased one time during the 18-month term or two times during the 42-month term of the CD prior to maturity without penalty to the current interest rate and APY available for new CDs of the same type at the time of the request. This feature is available only if the interest rate and APY available for new CDs of the same type have increased during the term of the CD. The new rate will be paid from the time of the request until the maturity date.

Savings & Money Market

Personal Savings and Money Market Accounts
Program	Minimum to Open	Minimum Daily Balance to earn APY	APY*
Inner Circle Money Market Account	$10,000	$100,000.00 and above	0.30%
		$50,000.00 to $99,999.99	0.20%
		$25,000.00 to $49,999.99	0.10%
		$10,000.00 to $24,999.99	0.10%
		$5,000.00 to $9,999.99	0.05%
		$1,000.00 to $4,999.99	0.05%
		$0.01 to $999.99	0.05%
Money Market Account	$100	$10,000.00 and above	0.10%
		$2,500.00 to $9,999.99	0.05%
		$0.01 to $2,499.99	0.05%
Statement Savings	$5	$0.01	0.05%

*Annual Percentage Yield (APY) is accurate as of March 25, 2020 and subject to change at any time. The APY may change after the account is opened. Fees could reduce the earnings on the account. These rates are available for consumer accounts only.

Checking

Personal Checking Accounts
Program	Minimum to Open	Minimum Daily Balance to earn APY	APY*
Direct Checking with Interest	$25	$100.00	0.05%
High Interest Checking	$25	$100,000.00 and above	0.25%
		$50,000.00 to $99,999.99	0.20%
		$25,000.00 to $49,999.99	0.15%
		$10,000.00 to $24,999.99	0.10%
		$5,000.00 to $9,999.99	0.05%
		$1,000.00 to $4,999.99	0.05%
		$0.01 to $999.99	0.00%

Business Deposits

Business Money Market Accounts
Program	Minimum to Open	Minimum Daily Balance to earn APY	APY*
Business Premium Plus Money Market	$10,000	$100,000.00 and above	0.35%
		$50,000.00 to $99,999.99	0.25%
		$25,000.00 to $49,999.99	0.20%
		$10,000.00 to $24,999.99	0.15%
		$5,000.00 to $9,999.99	0.05%
		$1,000.00 to $4,999.99	0.05%
		$0.01 to $999.99	0.05%
Business Money Market	$100	$10,000.00 and above	0.20%
		$0.01 to $9,999.99	0.05%

Deposit Insurance

All our accounts come with Federal Deposit Insurance Corporation (FDIC) protection of up to $250,000 per depositor. Learn more about Deposit Insurance.

How can we help you?

Please contact us if you have questions about any of our products and services. You can visit our Resource Center, use our information request form or give us a call at 860-376-4444.