Rates
Rates effective as of 7/1/2023.
Savings Accounts
| Account Type | Min. Balance to Open | Min. Balance to earn Dividends | APR* | APY** |
|---|---|---|---|---|
| Regular Share Savings | $5.00 | $100.00 | 0.25% | 0.25% |
| Super Saver | $2,500.00 | $2,500.00 - $7,500.00 | 0.45% | 0.45% |
| Super Saver | $2,500.00 | $7,501.00 - $25,000.99 | 0.55% | 0.55% |
| Super Saver | $2,500.00 | $25,001.00 and more | 0.75% | 0.75% |
| Christmas Club | $5.00 | $100.00 | 0.25% | 0.25% |
| Vacation Club | $5.00 | $100.00 | 0.25% | 0.25% |
| Lucky Lagniappe | $5.00 | $100.00 | 0.25% | 0.25% |
Share Certificate Rates
| Account Type | Term | Min. Balance to Open | Min. Balance to earn Dividends | APR* | APY** |
|---|---|---|---|---|---|
| Share Certificate | 6 Month | $500.00 | $500.00 | 3.928% | 4.00% |
| Share Certificate | 12 Month | $500.00 | $500.00 | 4.121% | 4.20% |
| Share Certificate | 24 Month | $500.00 | $500.00 | 4.314% | 4.40% |
| Share Certificate | 36 Month | $500.00 | $500.00 | 3.928% | 4.00% |
| Share Certificate | 60 Month | $500.00 | $500.00 | 4.073% | 4.150% |
Coverdell Education Certificate Rates
| Account Type | Term | Min. Balance to Open | Min. Balance to earn Dividends | APR* | APY** |
|---|---|---|---|---|---|
| Coverdell Education Certificate | 12 Month | $500.00 | $500.00 | 4.121% | 4.20% |
| Coverdell Education Certificate | 24 Month | $500.00 | $500.00 | 4.314% | 4.40% |
| Coverdell Education Certificate | 36 Month | $500.00 | $500.00 | 3.928% | 4.00% |
| Coverdell Education Certificate | 60 Month | $500.00 | $500.00 | 4.073% | 4.150% |
IRA Savings Account & Certificate Rates
| Account Type | Term | Min. Balance to Open | Min. Balance to earn Dividends | APR* | APY** |
|---|---|---|---|---|---|
| IRA Traditional or Roth Savings Account | N/A | $25.00 | $1.00 | 0.50% | 0.50% |
| IRA Certificate (Traditional or Roth) | 6 Month | $500.00 | $500.00 | 3.928% | 4.00% |
| IRA Certificate (Traditional or Roth) | 12 Month | $500.00 | $500.00 | 4.121% | 4.20% |
| IRA Certificate (Traditional or Roth) | 24 Month | $500.00 | $500.00 | 4.314% | 4.40% |
| IRA Certificate (Traditional or Roth) | 36 Month | $500.00 | $500.00 | 3.928% | 4.00% |
| IRA Certificate (Traditional or Roth) | 60 Month | $500.00 | $500.00 | 4.073% | 4.150% |
Penalties may apply for early withdrawals from certificate accounts. Offering rates may change.
You may be subject to a 10 percent early distribution penalty tax on any taxable amount taken from either a Traditional or Roth IRA before you reach the age 59 1/2, unless you qualify for one of these penalty exceptions: disability, certain health insurance costs, certain medical expenses, higher education expenses, first-time homebuyers expenses, substantially equal periodic payments, IRS tax levy, qualified military reservist distributions, or death (beneficiary distributions). Contact your tax professional for complete details.
Checking Rates
| Account Type | Min. Balance to Open | Min. Balance to earn Dividends | APR* | APY** |
|---|---|---|---|---|
| Cypress Cash | $50.00 | $0.01 - $5,000 | 2.959% | 3.00% |
| Regular Checking | $50.00 | $1,000.00 | 0.049% | 0.05% |
*APY=Annual Percentage Yield. Fees may reduce earnings on account. Must maintain a minimum daily balance of $1,000 to earn dividends. Offering rates may change. Average daily balance to earn dividends is $1,000. Dividends paid monthly. Please refer to our “Truth In Savings and Electronic Services Disclosure and Agreement” for specific details about any account. Penalty may be imposed for early withdrawal. Dividend rates are subject to change after account opening.
¹When Cypress Cash qualifications are not met, ATM withdrawal fees are not refunded and the dividend rate earned on the entire average daily balance in the account will be 0.049% resulting in an APY of 0.05%. Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. “Monthly Qualification Cycle” means the current statement cycle.
See more about Cypress Cash here.
Rates subject to change without notice. Promotional rates may be available. Rates effective as of 1/1/2023.
Loan rates are based on each individual’s credit history and capacity to repay. Certain conditions and restrictions apply.
There is a Loan Processing Fee of $20.00 for all loan application requests. Down payment may be necessary.
Auto Loan Rates
| Loan Type | Up to 36 mos. APR as low as | 48 mos. APR as low as | 60 mos. APR as low as | 72 mos. APR as low as | 84 mos. APR as low as |
|---|---|---|---|---|---|
| New Vehicle | 4.99% | 5.49% | 5.59% | 5.99% | 6.99% |
| Used Vehicle | 5.99% | 6.49% | 6.59% | 6.99% | 7.99% |
| New Recreational | 4.99% | 5.49% | 5.59% | 5.99% | 6.99% |
Advertised “as low as” annual percentage rates (APR) assume excellent borrower credit history. Your actual APR may differ and will be based upon several factors, including credit history, model year, term, and loan amount. Rates subject to change. Minimum loan amount is $30,000 for terms of 85-96 months.
New Vehicles: New and late model used vehicles (2023 and newer model years) with 30,000 or fewer miles.
Used Vehicles: 2022 and older model years or any model year with over 30,000 miles.
Loan Rates
| Loan Type | Term | APR as low as* |
|---|---|---|
| Mortgage Loan | Up to 30 years | Contact Us! |
| Share Savings Secured | Up to 120 Months | 2.00% APR above share APY |
| Share Certificate Secured | Up to 120 Months | 2.00% APR above share APY |
| Line of Credit | Up to 60 Months | 8.95% |
| Personal Loan | Up to 60 Months | 8.95% |
| Mastercard® Credit Card | N/A | 9.95% |
*APR = Annual percentage rate. Rate based on creditworthiness and term of loan.
**APY = Annual percentage yield.
