Personal Interest Rates

Deposit Rates

Effective date 07-20-2020
Deposit Rates
PRODUCT NAME INTEREST RATE ANNUAL PERCENTAGE YIELD (APY)
Premier Plus Checking    
   $1,000.00 and above 0.25% 0.25%
     
Personal Money Market    
   $1,000.00-$4,999.99 0.15% 0.15%
   $5,000.00-$9,999.99 0.15% 0.15%
   $10,000.00-$24,999.99 0.20% 0.20%
   $25,000.00 and above 0.25% 0.25%
 

     
Personal Savings    
   $100.00 and above 0.25% 0.25%
     
Premier Personal Savings    
   $10,000.00-$249,999.99 0.25% 0.25%
   $250,000.00-$999,999.99 0.25% 0.25%
   $1,000,000.00 and above 0.50% 0.50%

 

Certificates of Deposit*

CD Rates
  CD IRA
Rate APY Rate APY
1 Month CD 0.25% 0.25% 0.25% 0.25%
3 Month CD 0.25% 0.25% 0.25% 0.25%
6 Month CD 0.25% 0.25% 0.25% 0.25%
9 Month CD 0.25% 0.25% 0.25% 0.25%
1 Year Liquid CD 0.45% 0.45% N/A N/A
1 Year CD 0.50% 0.50% 0.50% 0.50%
13 Month CD 0.50% 0.50% 0.50% 0.50%
15 Month CD 0.50% 0.50% 0.50% 0.50%
18 Month CD 0.60% 0.60% 0.60% 0.60%
2 Year CD 0.65% 0.65% 0.65% 0.65%
30 Month CD 0.70% 0.70% 0.70% 0.70%
3 Year CD 0.75% 0.75% 0.75% 0.75%
4 Year CD 0.85% 0.85% 0.85% 0.85%
5 Year CD 1.00% 1.01% 1.00% 1.01%

 

 

*APY (Annual Percentage Yield) is accurate as of 07/20/20. Interest Rate for the 1 Year CD & IRA is 0.50% and APY is 0.50%. In order to receive the APY (Annual Percentage Yield) principal and interest must remain on deposit until maturity. To qualify for the promotional IRA rate, a $2,500 minimum balance is required to open the account and obtain the APY; and $240,000 is the maximum amount allowed per account. Early withdrawal penalties may apply. FDIC Insured.

Visit your local Alma Bank Branch today or call 718.267.ALMA (2562) to get started.

 

Alma Bank Logo

© Copyright 2019 ALMA Bank - All rights Reserved.

Member FDIC  Equal Housing Lender      LinkedIn Icon Facebook Icon Twitter Icon

  

Search