Rates

Mortgage Rates 

 

Purchase
Loan TermInterest RateAPR*Discount Points
Ex: Loan Amount
Ex: Monthly Payment (P&I)

30-year Fixed Rate

3.125%3.184% 0.250$300,000.00$1,285.13

15-year Fixed Rate

2.500%2.571% 0.000$300,000.00$2,000.37

Interest Rates Effective 02/25/2021

 

Refinance
Loan TermInterest RateAPR*Discount Points
Ex: Loan AmountEx: Monthly Payment (P&I)

30-year Fixed Rate

3.250%3.309% 0.250$300,000.00$1,305.62

15-year Fixed Rate

2.625%2.696% 0.000$300,000.00$2,018.07

Interest Rates Effective 02/25/2021

Rates listed are for primary residence in single family home with a 25% down payment. APR (Annual Percentage Rate) is based on loan amount and interest rate. Example monthly payments quoted include principal and interest only. Actual payments may be higher if they include taxes and insurance. Rate, terms and fees are subject to change without notice. Subject to credit approval. Ask us about additional available loan programs.

*APR refers to Annual Percentage Rate.

 

Deposit Rates 

 

Checking 
Account TypeInterest RateAPY*Method of CompoundingMinimum Deposit to Earn APY
Cascade Checking Up to $1,000.000.00%0.00%Daily$25.00
Cascade Checking $1,000.00 - $49,999.990.01%0.01%Daily$1,000.00
Cascade Checking $50,000.00 - $99,999.000.01%0.01%Daily$50,000.00
Cascade Checking $100,000.00 or more0.02%0.02%Daily$100,000.00

Interest Rates Effective 02/19/2021

Revised 02/18/2021

BUSINESS CHECKING * ASK FOR DETAILS

Annual Percentage Yield assumes principal and interest remain on deposit for one year at the same interest rate. Fees could reduce earnings. Interest rates for the above accounts may change after account is opened.

 

 

Savings
Account TypeInterest RateAPY*Method of CompoundingMinimum Deposit to Earn APY
Statement Savings0.03%0.03%Daily$100.00
Transaction Saving0.03%0.03%Daily$100.00
Holiday Club0.03%0.03%Daily$25.00
Kids Club Savings*0.03%0.03%Daily$1.00

Interest Rates Effective 02/19/2021

Revised 02/18/2021

NOTE: Annual Percentage Yield (APY) is based on a balance of $100.00.

*Minimum Deposit to open is $1.00

Annual Percentage Yield assumes principal and interest remain on deposit for one year at the same interest rate. Fees could reduce earnings. Interest rates for the above accounts may change after account is opened.

 

Money Market 

Account TypeInterest RateAPY*Method of CompoundingMinimum Deposit to Earn APY
$1,000.00 - $9,999.990.05%0.05%Daily$1,000.00
$10,000.00 - $49,999.990.05%0.05%Daily$10,000.00
$50,000.00 - $99,999.990.10%0.10%Daily$50,000.00
$100,000.00 or more0.15%0.15%Daily$100,000.00

Interest Rates Effective 02/19/2021

Revised 02/18/2021

Annual Percentage Yield assumes principal and interest remain on deposit for one year at the same interest rate. Fees could reduce earnings. Interest rates for the above accounts may change after account is opened.

 

Spruce Money Market 

Account TypeInterest RateAPY*Method of CompoundingMinimum Deposit to Earn APY
$10,000-$99,999.990.10%0.10%Daily$10,000.00
$100,000.00 - $249,999.990.15%0.15%Daily$100,000.00
$250,000.00 - $499,999.000.20%0.20%Daily$250,000.00
$500,000.00 or more0.35%0.35%Daily$500,000.00

Interest Rates Effective 02/19/2021

Revised 02/18/2021

Annual Percentage Yield assumes principal and interest remain on deposit for one year at the same interest rate. Fees could reduce earnings. Interest rates for the above accounts may change after account is opened.

 

CDs
TermInterest $100 to $9,999APYInterest $10,000 to $49,999APYInterest $50,000 to $99,000APY$100,000 and aboveAPY
46 Days0.05%0.05%0.05%0.05%0.05%0.05%0.05% 0.05%
3 Months0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%
6 Months0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%
1 Year0.20%0.20%0.20%0.20%0.20%0.20%0.20%0.20%
2 Years0.25%0.25%0.25%0.25%0.25%0.25%0.25%0.25%
3 Years0.30%0.30%0.30%0.30%0.30%0.30%0.30%0.30%
4 Years0.35%0.35%0.35%0.35%0.35%0.35%0.35%0.35%
5 Years0.40%0.40%0.40%0.40%0.40%0.40%0.40%0.40%

Interest Rates Effective 02/19/2021

Revised 02/18/2021

Annual Percentage Yield assumes principal and interest remain on deposit for term at the same interest rate. Penalties may be imposed on early withdrawal. Fees could reduce earnings. Interest compounds daily.

*APY assumes funds remain on deposit for 1 year.

 

Variable Rate CD
Account TypeInterest Rate*APYMethod of CompoundingMinimum Deposit to Earn APY
9 Months0.10%0.10%Daily$25.00

Interest Rates Effective 02/19/2021

Revised 02/18/2021

Annual Percentage Yield assumes principal and interest remain on deposit for term at the same interest. Interest rate and annual percentage yield may change at any time.  Penalties may be imposed on early withdrawal. Fees could reduce earnings.

 

Traditional and ROTH IRA CDs
TermInterest $500 to $9,999APYInterest $10,000 to $49,999APYInterest $50,000 to $99,000APY$100,000 and aboveAPY
12 months0.20%0.20%0.20%0.20%0.20%0.20%0.20%0.20%
24 months0.25%0.25%0.25%0.25%0.25%0.25%

0.25%

0.25%
36 months0.30%0.30%0.30%0.30%0.30%0.30%0.30%0.30%
48 months0.35%0.35%0.35%0.35%0.35%0.35%0.35%0.35%
60 months0.40%0.40%0.40%0.40%0.40%0.40%0.40%0.40%

Interest Rates Effective 02/19/2021

Revised 02/18/2021

Annual Percentage Yield assumes principal and interest remain on deposit for term at the same interest rate to maturity. Penalties may be imposed on early withdrawal. Minimum balance per tier required to open. Fees could reduce earnings.

Interest compounds daily. If principal is withdrawn prior to maturity a penalty may be imposed. The penalty is waived at age 59 ½.

 

Retirement & Education Savings
AmountVIP InterestVIP APYRoth InterestRoth APYCoverdell InterestCoverdell APY
$25 to $4,9990.03%0.03%0.03%
0.03%0.03%
0.03%
$5,000 to $24,9990.03%0.03%0.03%0.03%0.03%0.03%
$25,000 to $49,9990.08%0.08%0.08%0.08%0.08%0.08%
$50,000 and above0.08%0.08%0.08%0.08%0.08%0.08%

Interest Rates Effective 02/19/2021

Revised 02/18/2021

Annual Percentage Yield assumes principal and interest remain on deposit for one year at the same interest rate. Minimum balance per tier required to open. Fees could reduce earnings.

Interest compounds daily and the interest rate may change monthly. Additional Deposits allowed on this account at any time during term.