Locations

Checking

Effective as of 8/9/2022

AccountInterest RateAnnual Percentage Yield (APY)Minimum Balance to Open and Earn APY
Optimum Plus Checking.01%.01%$10
Optimum Student Checking.01%.01%$10
APY = Annual Percentage Yield
Fees may reduce earnings. Variable rate may change after account is opened. Certain restrictions may apply.

Savings

Effective as of 8/9/2022

AccountInterest RateAnnual Percentage Yield (APY)Minimum Balance to Open & Earn APY
Optimum Savings.05%.05%$10.00
Optimum Student Savings1.00%1.00%$10.00
Holiday Club Account.05%.05%$10.00
Vacation Club Account.05%.05%$10.00

APY = Annual Percentage Yield

Fees may reduce earnings. Variable rate may change after account is opened. Certain restrictions may apply.

For a full explanation of our fees, please refer to our Fee Schedule.

Money Market

Effective as of 8/9/2022

BalanceInterest RateAnnual Percentage Yield (APY)
$0-$9.990.00%0.00%
$10.00-$24,999.990.05%0.05%
$25,000.00-$99,999.990.10%0.10%
$100,000.00-$249,999.990.15%0.15%
$250,000.00 and above0.20%0.20%

APY = Annual Percentage Yield

Fees may reduce earnings. Minimum balance to open and earn APY is $10.00. Interest compounded and credited monthly. Variable rate may change after account is opened. Certain other restrictions may apply. Monthly maintenance fee of $5 is waived with a $2,500 average daily balance.

Plus One Money Market

Effective as of 8/9/2022

BalanceInterest RateAnnual Percentage Yield (APY)
$0-$9.990%0%
$10.00 and above0.20%0.20%

APY = Annual Percentage Yield

An Optimum Plus or Optimum One Checking Account is required to be eligible to open this account. Minimum balance to open and earn APY is $10.00.

Fees may reduce earnings. Interest compounded and credited monthly. Variable rate may change after account is opened. Certain other restrictions may apply.

Certificate of Deposit

Effective as of 8/9/2022

TermInterest RateAnnual Percentage Yield (APY)Minimum to Open & Earn APY
6 months0.25%0.25%$1,000.00
12 months0.35%0.35%$1,000.00
18 months0.45%0.45%$1,000.00
24 months0.55%0.55%$1,000.00
36 months0.65%0.65%$1,000.00
48 months0.80%0.80%$1,000.00
60 months1.00%1.00%$1,000.00

APY = Annual Percentage Yield

Penalties may be imposed on early withdrawals. Fees may reduce earnings. Rates are subject to change without notice. Select terms available for online account opening. 

Individual Retirement Accounts (IRA)

Effective as of 8/9/2022

TermInterest RateAnnual Percentage Yield (APY)Minimum to Open & Earn APY
6 months0.25%0.25%$1,000.00
12 months0.35%0.35%$1,000.00
18 months0.45%0.45%$1,000.00
24 months0.55%0.55%$1,000.00
36 months0.65%0.65%$1,000.00
48 months0.80%0.80%$1,000.00
60 months1.00%1.00%$1,000.00

APY = Annual Percentage Yield

Penalties may be imposed on early withdrawals. Fees may reduce earnings. Rates are subject to change.

Individual Retirement Accounts (IRAs) are subject to limitations and/or penalties imposed by the Internal Revenue Service.