Rates

CURRENT INTEREST RATES AND ANNUAL PERCENTAGE YIELDS ARE ACCURATE AS OF AUGUST 1, 2017:

The Annual Percentage Yield assumes the interest remains on deposit for one year, and the Minimum Balance Requirement is always met.  A withdrawal will reduce the earnings.  Annual percentage yield is the total amount of interest paid on an account, expressed as a percentage of the account balance, based on the interest rate and the frequency of compounding for a 365-day period.

The balance tiers and current rates for the following accounts are:

GROW YOUR MONEY WITH OUR SPECIAL

Special 1.01 %APR 8 Month Certificate image
Special 1.01 %APR 8 Month Certificate image

8 Month Certificate

*APY means Annual Percentage Yield. The APY assumes that interest remains on deposit until maturity. The minimum balance to open the account is $5,000.00. Maximum balance is $100,000.00. Limited time offer. A penalty may be imposed for early withdrawals. This term and rate are subject to change without notice. Certain restrictions may apply. Ask for details.

PRIME BONUS INTEREST CHECKING

Minimum to open is $50.00

BALANCE
.

$0.00 - $10,000.00
$10,000.01 - $99,999.99
$100,000.00 and greater

INTEREST RATE
.

2.47%
0.25%
0.25%

APY*
.

2.50%
2.50% to 0.48%
0.48% to 0.25%

INTEREST CHECKING

Minimum to open is $50.00

BALANCE
.

$1,000.00 - $9,999.99
$10,000.00 - $49,999.99
$50,000.00 - $99,999.99
$100,000.00 and greater

INTEREST RATE
.

0.30%
0.20%
0.10%
0.10%

APY*
.

0.30%
0.20%
0.10%
0.10%

HEALTH SAVINGS ACCOUNT

Minimum balance of $10.00.

BALANCE
.

$10.00 - $9,999.99
$10,000.00 - $49,999.99
$50,000.00 - $99,999.99
$100,000.00 and greater

INTEREST RATE
.

0.10%
0.30%
0.45%
0.45%

APY*
.

0.10%
0.30%
0.45%
0.45%

IRA'S (TRADITIONAL AND ROTH)

Minimum balance of $100.00.


.

1 year
1 ½ year
2 ½ year
3 year

INTEREST RATE
.

1.10%
1.10%
1.30%
1.35%

APY
.

1.11%
1.11%
1.31%
1.36%

STATEMENT SAVINGS

Minimum to open is $10.00

BALANCE
.

$10.00 - $9,999.99
$10,000.00 - $49,999.99
$50,000.00 - $99,999.99
$100,000.00 and greater

INTEREST RATE
.

0.10%
0.15%
0.25%
0.25%

APY*
.

0.10%
0.15%
0.25%
0.25%

CHRISTMAS CLUB ACCOUNT

Interest will be credited after the 50 week term expires


.

Minimum Weekly Payment $2.00

INTEREST RATE
.

0.10%

APY*
.

0.10%

CURRENT CD RATES

91 DAY CERTIFICATE

Minimum Balance $500.00

InterestRate  |  0.20%

Annual Percentage Yield  |  0.20%

6-MONTH CERTIFICATE

Minimum Balance $500.00

InterestRate  |  0.60%

Annual Percentage Yield  |  0.60%

1 YEAR CERTIFICATE

Minimum Balance $500.00 | IRA Minimum Balance $100.00

InterestRate  |  1.00%

Annual Percentage Yield  |  1.01%

1 ½ YEAR CERTIFICATE

Minimum Balance $500.00 – IRA Minimum Balance $100.00

InterestRate  |  1.10%

Annual Percentage Yield  |  1.11%

2 YEAR BUMP OPTION CERTIFICATE

Minimum Balance $500.00

InterestRate  |  1.25%

Annual Percentage Yield  |  1.26%

Rate may be changed one time at the customer’s request in writing during the term of the CD.

2 ½ YEAR CERTIFICATE OF DEPOSIT

Minimum Balance $500.00 – IRA Minimum Balance $100.00

InterestRate  |  1.30%

Annual Percentage Yield  |  1.31%

3 YEAR CERTIFICATE OF DEPOSIT

Minimum Balance $500.00 – IRA Minimum Balance $100.00

InterestRate  |  1.35%

Annual Percentage Yield  |  1.36%

4 YEAR BUMP OPTION CERTIFICATE OF DEPOSIT

Min Balance $500.00 – Renewals only at this time.

InterestRate  |  1.30%

Annual Percentage Yield  |  1.31%

Rate may be changed one time at the customer’s request in writing after the first 24 months of the initial or any renewal term.

5 YEAR CERTIFICATE OF DEPOSIT

Minimum Balance $500.00

InterestRate  |  1.70%

Annual Percentage Yield  |  1.71%

7 YEAR CERTIFICATE OF DEPOSIT

Minimum Balance $500.00

InterestRate  |  1.70%

Annual Percentage Yield  |  1.71%

10 YEAR CERTIFICATE OF DEPOSIT

Minimum Balance $500.00 – Renewals only at this time

InterestRate  |  1.75%

Annual Percentage Yield  |  1.77%

*APY = Annual Percentage Yield

ALL RATES ARE SUBJECT TO CHANGE DAILY.

SUBSTANTIAL PENALITIES FOR EARLY WITHDRAWALS FROM CERTIFICATES OF DEPOSIT
CALL THE PHONE NUMBERS BELOW FOR FURTHER INFORMATION

Please call to confirm these interest rates. These rates are for local depositors only. The phone number for the main office in Covington, Louisiana is (985) 892-4565 or 1-800-646-1658, our branch in Slidell, Louisiana can be reached at (985) 641-3555.