Certificates

Prepare for tomorrow

 


Reach your short-term savings goals with savings accounts, money market accounts and certificates.

Certificates


We all have long term and short term savings goals. Whether you’re thinking about a big vacation, a wedding, a milestone celebration, or a just-in-case fund, KeyPoint has a solution for you.

 

Certificate, and IRA Certificates (Traditional and Roth)
Rates Effective: 7/20/2020
Minimum Term $1,000 Minimum Balance
1 month 0.25% rate 0.25% APY
3 months 0.30% rate 0.30% APY
6 months 0.35% rate 0.35% APY
12 months 0.50% rate 0.50% APY
24 months 0.75% rate 0.75% APY
36 months 0.85% rate 0.85% APY
48 months 1.00% rate 1.00% APY
60 months 1.15% rate 1.15% APY


All Certificates are compounded and paid monthly and/or at maturity. Certificates have fixed rates. Early withdrawal penalties apply. Certificates must maintain the rate tier minimum balance through the end of the term. If the balance falls below the rate tier minimum balance, the Certificate must be closed. Applicable penalties will apply to the principal balance. The stated APY assumes principal and interest remain on deposit for the term of the certificate. Interest is compounded monthly. All Certificates are for new money only; they are not for existing Certificates of Deposit maturing or money transferred from an existing savings, checking or money market account.

Rates as of 7/20/2020 and are subject to change.  Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.