Rates
Deposit Rates
Checking and Savings (Effective November 21, 2024)
- Your interest rate and annual percentage yield may change at any time, at our discretion.
- Interest begins to accrue on the business day that you make your deposit and will accrue until the day of withdrawal.
Interest will be compounded and credited to your account as follows:
- Century Checking Plus & 55 Plus Checking – Interest compounded and credited monthly.
- Money Market Plus – Interest compounded and credited monthly.
- Statement Savings – Interest compounded and credited quarterly.
- If you close your checking or savings account before interest is credited, you will receive the accrued interest.
- We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
- Fees may reduce the earnings on the account.
| Minimum Deposit to Open | Minimum Daily Balance to Obtain APY* | Interest Rate | APY** |
|---|---|---|---|
| $300 | $300 | 0.05% | 0.05% |
*Daily Balance (The amount of principal balance in the account each day).
**Annual Percentage Yield (APY) assumes interest will remain on deposit until maturity. Withdrawal of interest will reduce earnings.
| Minimum Deposit to Open | Minimum Daily Balance to Obtain APY* | Interest Rate | APY** |
|---|---|---|---|
| $50 | $300 | 0.05% | 0.05% |
*Daily Balance (The amount of principal balance in the account each day).
**Annual Percentage Yield (APY) assumes interest will remain on deposit until maturity. Withdrawal of interest will reduce earnings.
| Minimum Deposit to Open | Minimum Daily Balance to Obtain APY* | Interest Rate | APY** |
|---|---|---|---|
| $50 | $100 | 0.10% | 0.10% |
*Daily Balance (The amount of principal balance in the account each day).
**Annual Percentage Yield (APY) assumes interest will remain on deposit until maturity. Withdrawal of interest will reduce earnings.
| Minimum Deposit to Open | Minimum Daily Balance to Obtain APY* | Interest Rate | APY** |
|---|---|---|---|
| $1,500 | $1,500 – $49,999.99 | 0.05% | 0.05% |
| $50,000 – $99,999.99 | 0.10% | 0.10% | |
| $100,000+ | 0.25% | 0.25% |
*Daily Balance (The amount of principal balance in the account each day).
**Annual Percentage Yield (APY) assumes interest will remain on deposit until maturity. Withdrawal of interest will reduce earnings.
Certificates of Deposit
Certificates of Deposit (Effective November 21, 2024)
Interest can accumulate for compounding or be withdrawn by interest check or transferred to another account at Century as follows:
- 91 day and 6 month certificates – interest at maturity or optional monthly check or transfer
- 9 month to 60 month certificates – interest at maturity, quarterly, or optional monthly check or transfer
- We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal each day.
- Interest begins to accrue on the day of your deposit and will accrue until the day of withdrawal.
- All certificates will automatically renew at maturity at the prevailing interest rate. You will have ten (10) calendar days after the maturity date to withdrawal funds without being charged a penalty.
- After the certificate is opened, you may not make deposits or withdrawals other than earnings until the maturity date.
If the deposit is withdrawn before the maturity date, a penalty as shown below will be imposed which could result in partial loss of principal.
Term Early Withdrawal Penalty 91 Day 30 days interest 6 Month 90 days interest 9 Month to 60 Month 180 days interest
| Account Type | Minimum to Open | Interest Rate | APY** |
|---|---|---|---|
| 91 Day | $500 | 0.05% | 0.05% |
| 6 Months | $500 | 0.07% | 0.07% |
| 9 Months | $500 | 0.10% | 0.10% |
| 12 Months | $500 | 0.12% | 0.12% |
| 15 Months | $500 | 0.15% | 0.15% |
| 18 Months | $500 | 0.18% | 0.18% |
| 24 Months | $500 | 0.20% | 0.20% |
| 30 Months | $500 | 0.23% | 0.23% |
| 48 Months | $500 | 0.25% | 0.25% |
| 60 Months | $500 | 0.30% | 0.30% |
*Daily Balance (The amount of principal balance in the account each day).
**Annual Percentage Yield (APY) assumes interest will remain on deposit until maturity. Withdrawal of interest will reduce earnings.
Fee Schedule
Learn about fees associated with checking & savings accounts.
Lending Rates
Our lending rates are constantly changing to keep up with the market. Please call your local branch to inquire about loan rates.