Deposit Rates

Effective December 03, 2018

  • Checking Rates
    Checking Minimum Balance Rate Type Dividend Rates* APY**
    Rewards Checking1 $0.00 Variable 2.00% 2.00%
    Free Checking w/ eStatements $0.00 Variable 0.00% 0.00%
    Premium Checking1 $0.00 Variable 0.05%

    0.05%

    Business Checking

    $0.00

    Variable

    0.00%

    0.00%

    Wealth Checking1

    $2,500

    Variable

    0.05%

    0.05%

    $10,000

    Variable

    0.05%

    0.05%

    $50,000

    Variable

    0.05%

    0.05%

    $100,000

    Variable

    0.10%

    0.10%

    *Checking Accounts are variable rate accounts that use simple interest on a daily basis, which applies the daily periodic rate to the balance in the account each day.
    **APY = Annual Percentage Yield.
    1Other restrictions may apply. View our checking accounts comparison page for more details.

  • Savings Rates
    Savings (Share) Accounts Minimum Balance Rate Type Dividend Rates* APY**
    Regular Share

    $10.00

    Variable

    0.05%

    0.05%

    Wealth Management Savings

    $2,500

    Variable

    0.25%

    0.25%

    $10,000

    Variable

    0.25%

    0.25%

    $50,000

    Variable

    0.25%

    0.25%

    $100,000

    Variable

    0.30%

    0.30%

    Youth Share

    $5.00

    Variable

    0.05%

    0.05%

    Holiday Club

    $100

    Variable

    0.05%

    0.05%

    *Savings Accounts are variable rate accounts that use simple interest on a daily basis, which applies the daily periodic rate to the balance in the account each day. If at any time your Regular Share Account balance is below $500, you have no other active loan or share accounts on your membership and there has been no activity on your account other than the postings of dividends in the past year, your account will be assessed a quarterly $10 inactivity fee. If your Regular Share account balance reaches $0, the account will be closed. If at any time your Wealth Management Account balance goes below $2,500, your dividend rate will become 0.05% with a 0.05% APY. Dividends will continue to be paid monthly. You are required to have a checking account with CommonWealth in order to open a Wealth Management Account. **APY = Annual Percentage Yield.

    Get to Know You Savings for New Members    
    Balance Rate  APY**
    Up to $5,000

    1.98%

    2.00%

    $5,000 - $10,000

    1.00%

    1.00%

    $10,000 - $250,000

    0.05%

    0.05%

    Click here for full disclosures. 

    **APY=Annual Percentage Yield. Get to Know You Savings offer only available to new members during the first 60 days from the date of opening a membership account. Fees may reduce earnings. Minimum deposit required to open Get to Know You Savings is $50. Rates are variable and subject to change at any time. Limit one Get to Know You Savings account per member. Offer is subject to cancellation without notice and cannot be combined with any other offer.

  • Money Market Rates
    Money Management Account Minimum Balance Rate Type Dividend Rates* APY**
      $2,500 Variable 0.25% 0.25%
      $10,000 Variable 0.25% 0.25%
      $25,000 Variable 0.25% 0.25%
      $50,000 Variable 0.25% 0.25%
     

    $100,000

    Variable

    0.30%

    0.30%

     

    $250,000

    Variable

    0.35%

    0.35%

    *Money Management Accounts are variable rate accounts that use simple interest on a daily basis, which applies the daily periodic rate to the balance in the account each day. If at any time your Money Management balance falls below $2,500, your dividend rate will become 0.05% with a 0.05% APY. Dividends will continue to be paid monthly. **APY = Annual Percentage Yield.

  • Certificate Rates

    For a limited time, we are offering a 16 Month Special Share Certificate with an APY* as high as 2.00%.

    Special Share Certificates   16 Mos.

    Minimum Balance

    $500

    APY* 2.00%
    Rate 1.98%

    Click here to view our full disclosures.

    Share Certificates   3 Mos. 6 Mos. 12 Mos. 18 Mos. 24 Mos. 36 Mos. 48 Mos.

    Minimum Balance

    $500+

    Rate 0.50% 0.75% 1.00% 1.19% 1.44% 1.69% 1.93%
    APY* 0.50% 0.75% 1.00% 1.20% 1.45% 1.70% 1.95%
    $250 (Youth Account) Rate N/A 0.75% 1.00% N/A N/A N/A N/A
    APY* N/A 0.75% 1.00% N/A N/A N/A N/A

    *APY = Annual Percentage Yield. Share Certificates use simple interest on a daily basis, which applies the daily periodic rate to the balance in the account each day. Dividends are paid monthly

  • Individual Retirement Account Rates
    Individual Retirement Accounts (IRAs)   12 Mos. 18 Mos. 24 Mos. 36 Mos.
    Minimum Balance $100 Rate 1.00% 1.19% 1.44% 1.69%
    APY* 1.00% 1.20% 1.45% 1.70%