19 MONTH CD ~ 2.85% APY*
Premier Checking ~ 1.00% APY**
*New accounts, new money only. Rates subject to change. Must open both accounts to receive promotional rates. If Premier Checking account is closed prior to CD maturity, CD will default to the current 18 month rate. If CD is closed prior to maturity, Premier Checking account will default to the current, tiered Premier Checking rate.
19 month Certificate of Deposit Annual Percentage Yield (APY) is effective as of 1/30/19 and subject to change. $500 minimum to open, $250,000 maximum. Fees could reduce earnings. Rates and APY’s on term deposits are guaranteed for the length of the term. There are no minimum balance requirements to obtain the APY. Early withdrawal penalties will be imposed.
**Premier Checking monthly fee of $15 is waived with direct deposit or combined loan and deposit balance of $25,000. No Wakefield Co-operative Bank ATM withdrawal fees anywhere in the U.S. Reimbursement of other bank’s ATM fees up to $10 per statement cycle. Interest is compounded daily and credited monthly. 1.00% APY effective as of 1/30/19 and guaranteed for 19 months from account opening and subject to change thereafter. There is no minimum balance required to obtain the promotional rate. Fees could reduce earnings on the account. Offer may be withdrawn at any time.
Our FREEDOM checking account is available to ages 16 through 25* and offers these great benefits:
*Parental co-signer required under age 18. **Balances over $500 will earn the standard NOW Checking interest rate. ***Account will automatically switch to Free Checking at age 26.