Savings Rates
Savings Account | 05-26-2023
Sign up for Rate Alerts| Rate | APY* |
|---|---|
| 0.05% | 0.05% |
Minimum balance to open and earn APY is $5.00. Interest compounded and credited monthly.
*Annual Percentage Yield. All rates are variable and subject to change. Truth in Savings
New Member Savings | 05-26-2023
| Daily Balance | Rate | APY* |
|---|---|---|
| $5,000 or less | 4.89% | 5.00% |
| $5,000.01 or more | 0.05% (Applies to portion of balance over $5,000) | Ranges from 5.00% to 2.53% |
*For the New Member Savings Account, if your daily balance is greater than $5,000, your APY will range from 5.00% to 2.53% depending on the balance of your account. The APY range for Rate Tier 2 assumes a minimum balance of $5,000.01 and a maximum balance of $10,000.00. The rates/APYs are guaranteed for one year after the opening date, after which the account will convert to a You Name It Savings account with variable rate and APY as described on the Savings & Checking Rates disclosure (currently 0.05%). Available to new memberships only, within first 30 days that membership is established, must be 18 years or older, one account per member. Truth in Savings.
Rewards Savings | 05-26-2023
| Requirements1 | Rate | APY* |
|---|---|---|
| Requirements not met | 0.05% | 0.05% |
| Daily balance is $2,500 or less | 0.10% | 0.10% |
| Daily balance is greater than $2,500 | 0.05% (amount over $2,500) | 0.08% - 0.10% |
1 To earn the Rewards Savings rate of 0.10%on balances up to and including $2,500, you must sign up for and receive e-Statements, otherwise, you will earn 0.05% on the entire Rewards Savings balance. If your daily balance is greater than $2,500, your APY will range from 0.08% - 0.10% depending on the balance of your account. APY range calculations assume a minimum balance of $2,500.01 and a maximum balance of $5,000.00. Limited to one account per membership. Business accounts are not eligible.
*Annual Percentage Yield.
Minimum balance to open is $5.00. Interest compounded and credited monthly. All rates are variable and subject to change. Truth in Savings
Youth Savings | 05-26-2023
| Rate | APY* |
|---|---|
| 0.10% | 0.10% |
Minimum balance to open and earn APY is $5.00. Interest compounded and credited monthly.
*Annual Percentage Yield.
All rates are variable and subject to change. Truth in Savings
Certificates | 05-26-2023
| Term | Minimum Balance to Earn APY | Interest Rate | APY* |
|---|---|---|---|
| 6 Months | $500 - $49,999 | 1.00% | 1.00% |
| $50,000 | 1.00% | 1.00% | |
| 12 Months | $500 - $49,999 | 1.49% | 1.50% |
| $50,000 | 1.49% | 1.50% | |
| 13 Month Special** | $500 | 4.16% | 4.25% |
| 13 Month Special (New Money)** | $25,000 | 4.64% | 4.75% |
| 20 Month Special** | $500 | 3.68% | 3.75% |
| 20 Month Special (New Money)** | $25,000 | 4.16% | 4.25% |
| 24 Months | $500 - $49,999 | 1.49% | 1.50% |
| $50,000 | 1.49% | 1.50% | |
| 36 Months | $500 - $49,999 | 1.98% | 2.00% |
| $50,000 | 1.98% | 2.00% |
Minimum balance to open and earn APY is $500. Fixed rate, interest is compounded daily and credited monthly. For Certificate Accounts, there is a penalty for early withdrawal of principal.
*Annual Percentage Yield. Truth in Savings
**CD Specials: Annual Percentage Yield (APY) is effective as of 2/1/2023; offer is subject to change without notice. New money: A minimum of $25,000 in funds from an institution other than Rivermark is required to earn the higher APY. Penalty for early withdrawal of principal. At maturity, the 13-month certificate renews to a 12-month term at the then-current 12-month CD rate. At maturity, the 20-month certificate renews to a 24-month term at the then-current 24-month CD rate. Learn more.
Youth Certificates | 05-26-2023
| Term | Minimum Balance to Earn APY | Interest Rate | APY* |
|---|---|---|---|
| 6 Months | $100 | 1.00% | 1.00% |
| 12 months | $100 | 1.49% | 1.50% |
For Youth Certificates of Deposit, additional deposits may be made to the certificate until it matures. The Interest Rate will not change, but additional deposits may affect the APY disclosed at the time that the certificate was opened. Available on memberships where the primary owner is under the age of 18. Minimum balance to open and earn APY is $100. Fixed rate, interest is compounded daily and credited monthly. For Certificate Accounts, there is a penalty for early withdrawal of principal.
*Annual Percentage Yield. Truth in Savings
Money Market | 05-26-2023
| Balance1 | Rate | APY* |
|---|---|---|
| $0-$2,499 | 0.10% | 0.10% |
| $2,500-$9,999 | 0.15% | 0.15% |
| $10,000-$24,999 | 0.15% | 0.15% |
| $25,000-$49,999 | 0.20% | 0.20% |
| $50,000-$99,999 | 0.20% | 0.20% |
| $100,000+ | 0.20% | 0.20% |
Minimum balance to open $2,500. Interest is compounded daily and credited monthly.
*Annual Percentage Yield.
1Minimum Balance to Earn Annual Percentage Yield.
All rates are variable and subject to change. Truth in Savings
Premium Money Market | 05-26-2023
| Balance1 | Rate | APY* |
|---|---|---|
| $0-$99,999 | 0.20% | 0.20% |
| $100,000-$249,999 | 0.50% | 0.50% |
| $250,000-$499,999 | 0.50% | 0.50% |
| $500,000 - $999,999 | 0.50% | 0.50% |
| $1,000,000+ | 0.50% | 0.50% |
Minimum balance to open $100,000. Interest is compounded daily and credited monthly.
*Annual Percentage Yield.
1Minimum Balance to Earn Annual Percentage Yield.
All rates are variable and subject to change. Truth in Savings
Holiday & Tax | 05-26-2023
| Rate | APY* |
|---|---|
| 0.10% | 0.10% |
Holiday & Tax Account Free Withdrawal Periods: March 1 – April 30 and October 15– December 15. A $10 early withdrawal fee applies for each withdrawal taken outside of the free withdrawal periods.
No minimum balance to open. $5 minimum balance to earn APY. Interest compounded daily and credited monthly.
*Annual Percentage Yield.
All rates are variable and subject to change. Truth in Savings
You Name it Savings | 05-26-2023
| Rate | APY* |
|---|---|
| 0.05% | 0.05% |
*Annual Percentage Yield. All rates are variable and subject to change. Truth in Savings
IRA Savings | 05-26-2023
| Balance1 | Rate | APY* |
|---|---|---|
| $0-$2,499 | 0.10% | 0.10% |
| $2,500-$9,999 | 0.10% | 0.10% |
| $10,000-$24,999 | 0.10% | 0.10% |
| $25,000-$49,999 | 0.10% | 0.10% |
| $50,000-$99,999 | 0.15% | 0.15% |
| $100,000+ | 0.15% | 0.15% |
$100 minimum balance to open and maintain your account. Interest is compounded daily and credited monthly.
*Annual Percentage Yield.
1Minimum Balance to Earn Annual Percentage Yield.
All rates are variable and subject to change. Truth in Savings