Hometown Community Bank Website
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ANNOUNCEMENT: Only the drive-up will be open until further notice in our Currie Office. We apologize for any inconvenience.

Current Rates

Loans

Please contact a loan officer to get the current loan interest rates.


Money Market

Money Market Accounts Amount Interest Rate APY
Tier 1 $1.00 to $2,499.99 0.00% 0.00%
Tier 2 $2,500.00 to $9,999.99 0.20% 0.20%
Tier 3 $10,000.00 to $24,999.99 0.25% 0.25%
Tier 4 $25,000.00 to $74,999.99 0.30% 0.30%
Tier 5 $75,000.00 or more 0.35% 0.35%

Rates Subject to Change Without Notice. Fees may reduce earnings.


Interest Checking

Now Checking Accounts Minimum Balance Interest Rate APY
Now $1,000.00 0.10% 0.10%
Super Now $5,000.00 0.20% 0.20%

Rates Subject to Change Without Notice. Fees may reduce earnings.


Savings

Savings Accounts Minimum Balance Interest Rate APY
Tier 1 $50,000.00 or more 0.25% 0.25%
Tier 2 $20,000.00 to $49,999.99 0.20% 0.20%
Tier 3 $1.00 to $19,999.99 0.15% 0.15%

Rates Subject to Change Without Notice. Fees may reduce earnings.


IRA Statement Savings

Savings Accounts Minimum Balance Interest Rate APY
Tier 1 $1.00 0.50% 0.50%

Rates Subject to Change Without Notice. Fees may reduce earnings.


Certificates of Deposit

Description Minimum Deposit to Open Interest Rate APY
*3-Month CD $500.00 0.25% 0.25%
*6-Month CD $500.00 0.40% 0.40%
*1-Year CD $500.00 0.50% 0.50%
*18-Month CD $500.00 0.55% 0.55%
*2-Year CD $500.00 0.70% 0.70%
*30-Month CD $500.00 0.75% 0.75%
*3-Year CD $500.00 0.80% 0.80%
**3-Year Rate Changer CD $10,000.00 0.80% 0.80%
*4-Year CD $500.00 0.85% 0.85%
*5-Year CD $500.00 1.00% 1.00%

*APY refers to Annual Percentage Yield based on simple interest.
*APR refers to Annual Percentage Rate based on simple interest.

IRA investments will be on the same terms/rates as a normal Certificate of Deposit.

** RATE CHANGER: You have the option during the 36 month term of this account to exchange this interest rate for a new interest rate. The new interest rate will be the interest rate we are then offering on new time deposits which have the same term and other features as the original time deposit. This exchange will be at no cost to you. If you make an exchange the maturity date of this account will remain the same as originally scheduled. You may exercise this option once during the original term for a three year Certificate of Deposit. Minimum deposit is $10,000 for a rate changer Certificate of Deposit.

Rates Subject to Change Without Notice. Fees may reduce earnings.

APY (Annual Percentage Yield) is accurate as of 7/1/2020.

EARLY WITHDRAWAL PENALTIES: A penalty may be imposed for withdrawal before maturity. If your account has an original maturity of one year of less the fee we may impose will equal three months interest on the amount withdrawn. If your account has an original maturity of more than one year the fee we may impose will equal six months interest on the amount withdrawn.