DEPOSIT RATES Member FDIC
Annual Percentange Yield as of Wednesday April 1, 2020 |
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| Personal Accounts | Interest Rate |
Annual Percentage Yield |
Minimum Opening Deposit |
Minimum Balance to Earn APY* |
| REALITY CHECKING | 0.02% | 0.02% | $25.00 | $0.01 |
| FREEDOM 50 CHECKING | 0.02% | 0.02% | $25.00 | $0.01 |
| ESCROW/AGENT/PASSBOOK** | 0.15% | 0.15% | $5.00 | $0.01 |
| PASSBOOK/STATEMENT SAVINGS** | 0.02% | 0.02% | $5.00 | $0.01 |
| TRANSACTION STATEMENT SAVINGS | 0.02% | 0.02% | $5.00 | $0.01 |
| HOLIDAY CLUB** | 0.02% | 0.02% | $1.00 | $5.00 |
| VACATION CLUB** | 0.02% | 0.02% | $1.00 | $5.00 |
| IRA STATEMENT SAVINGS | ||||
| TIER I$0.01 to $49.99 | 0% | 0% | $5.00 | $0.01 |
| TIER II$50.00 to $499.99 | .01% | .01% | $5.00 | $50.00 |
| TIER III$500.00 to $4,999.99 | .02% | .02% | $5.00 | $500.00 |
| TIER IV$5,000.00 to $39,999.99 | .03% | .03% | $5.00 | $5,000.00 |
| TIER V$40,000.00 and OVER | .04% | .04% | $5.00 | $40,000.00 |
| MONEY MARKET PASSBOOK** | ||||
| TIER I$500.00 to $29,999.99 | .03% | .03% | $500.00 | $500.00 |
| TIER II$30,000.00 and OVER | .04% | .04% | $500.00 | $30,000.00 |
| FREEDOM MONEY MARKET** | ||||
| TIER I$500.00 to $29,999.99 | .03% | .03% | $500.00 | $500.00 |
| TIER II$30,000.00 and OVER | .04% | .04% | $500.00 | $30,000.00 |
| REALITY STATEMENT SAVINGS** | ||||
| TIER I$0.01 TO $4,999.99 | .03% | .03% | $5.00 | $0.01 |
| TIER II$5,000.00 TO $24,999.99 | .04% | .04% | $5.00 | $5,000.00 |
| TIER III$25,000.00 TO $49,999.99 | .05% | .05% | $5.00 | $25,000.00 |
| TIER IV$50,000.00 TO $99,999.99 | .06% | .06% | $5.00 | $50,000.00 |
| TIER V$100,000.00 AND OVER | .07% | .07% | $5.00 | $100,000.00 |
| REALITY MONEY MARKET STATEMENT SAVINGS** | ||||
| TIER I$0.01 TO $49,999.99 | .03% | .03% | $50.00 | $0.01 |
| TIER II$50,000.00 TO $74,999.99 | .04% | .04% | $50.00 | $50,000.00 |
| TIER III$75,000.00 TO $99,999.99 | .05% | .05% | $50.00 | $75,000.00 |
| TIER IV$100,000.00 TO $249,999.99 | .06% | .06% | $50.00 | $100,000.00 |
| TIER V$250,000.00 AND OVER | .07% | .07% | $50.00 | $250,000.00 |
| HEALTH SAVINGS ACCOUNT | ||||
| TIER I $0.00-$4,999.99 | .05% | .05% | $0.00 | $0.01 |
| TIER II$5,000.00-$19,999.99 | .05% | .05% | $0.00 | $5,000.00 |
| TIER III$20,000.00 and over | .05% | .05% | $0.00 | $20,000.00 |
| Business Accounts | Interest Rate |
Annual Percentage Yield |
Minimum Opening Deposit |
Minimum Daily to Earn APY* |
| IORETA | 0.05% | 0.05% | $25.00 | $0.01 |
| IOLTA | 0.10% | 0.10% | $25.00 | $0.01 |
*APY=Annual Percentage Yield. We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day. Fees could reduce earnings. Rate may change after the account is opened.
**Transaction limitations apply
© 2014 Litchfield Bancorp. All rights reserved. | Routing Number: #211174275 | NMLS MLO ID # 510070
