Rates effective as of January 28th, 2020.
APY = Annual Percentage Yield. APY assumes interest remains on deposit until maturity. Interest rates and APY may change after accounts are opened. Fees and/or withdrawals will reduce earnings.
Certificates of DepositLearn More
| Term | Minimum Deposit to Open Account | Interest Rate* | APY | Payment Frequency | Early Withdrawal Penalties** |
|---|---|---|---|---|---|
| 3 Months | $1,000 $10,000 |
0.30% 0.50% |
0.30% 0.50% |
Maturity | 3 month loss of interest can be taken from principal |
| 6 Months | $1,000 $10,000 |
0.40% 0.60% |
0.40% 0.60% |
Maturity | 3 month loss of interest can be taken from principal |
| 12 Months | $1,000 $10,000 |
0.50% 0.70% |
0.50% 0.70% |
Maturity | 6 month loss of interest can be taken from principal |
| 24 Months | $1,000 $10,000 |
0.70% 0.90% |
0.70% 0.90% |
Annually & at Maturity | 6 month loss of interest can be taken from principal |
| 36 Months | $1,000 $10,000 |
0.90% 1.10% |
0.9% 1.10% |
Annually & at Maturity | 12 month loss of interest can be taken from principal |
| 48 Months | $1,000 10,000 |
1.10% 1.30% |
1.10% 1.30% |
Annually & at Maturity | 12 month loss of interest can be taken from principal |
| 60 Months | $1,000 10,000 |
1.30% 1.50% |
1.30% 1.50% |
Annually & at Maturity | 12 month loss of interest can be taken from principal |
*Rates do not apply to Jumbo Certificates. Penalty for early withdrawal.
**If the account is closed prior to 3 months of opening, you will be assessed a $20 fee in addition to the early withdrawal penalty.
Certificates of Deposit Specials
| Term | Minimum Deposit to Open Account | Interest Rate* | APY | Payment Frequency | Penalty for Early Closure (less than 3 months after opening) |
|---|---|---|---|---|---|
| 13 Months** | $2,500 | 0.40% | 0.40% | Annually & at Maturity | 6 month loss of interest can be taken from principal (renews to 13 month certificate) |
*Rates do not apply to Jumbo Certificates. Penalty for early withdrawal.
**For rate renewal information only, not available for purchase.
Savings Accounts
| Product | Interest Rate | APY | Payment Frequency | Penalty for Early Closure (less than 3 months after opening) | Minimum Balance to Avoid Fee |
|---|---|---|---|---|---|
| Northeast Savings | 0.10% | 0.10% | Quarterly | $20 | $50 |
| Northeast Youth Savings | 0.10% | 0.10% | Quarterly | None | $0 |
Northeast Money Market SavingsLearn More
| Balance Tier | Interest Rate | APY | Payment Frequency | Penalty for Early Closure (less than 3 months after opening) | Minimum Balance to Avoid Fee |
|---|---|---|---|---|---|
| <$10,000.00 | 0.10% | 0.10% | Quarterly | $20 | $50 |
| $10,000.00 - $99,999.99 | 0.20% | 0.20% | Quarterly | $20 | $50 |
| $100,000.00 - $499,999.99 | 0.30% | 0.30% | Quarterly | $20 | $50 |
| $500,000+ | 0.45% | 0.45% | Quarterly | $20 | $50 |
Individual Retirement AccountsLearn More
| Term | Minimum Deposit to Open Account | Interest Rate* | APY | Payment Frequency | Early Withdrawal Penalties** |
|---|---|---|---|---|---|
| 12 Months | $500 | 0.70% | 0.70% | Annually & at Maturity | 6 month loss of interest can be taken from principal |
| 18 Months | $500 | 0.80% | 0.80% | Annually & at Maturity | 6 month loss of interest can be taken from principal |
| 24 Months | $500 | 0.90% | 0.90% | Annually & at Maturity | 6 month loss of interest can be taken from principal |
| 36 Months | $500 | 1.10% | 1.10% | Annually & at Maturity | 12 month loss of interest can be taken from principal |
| 48 Months | $500 | 1.30% | 1.30% | Annually & at Maturity | 12 month loss of interest can be taken from principal |
| 60 Months | $500 | 1.50% | 1.50% | Annually & at Maturity | 12 month loss of interest can be taken from principal |
*Rates do not apply to Jumbo Certificates. Penalty for early withdrawal.
**If the account is closed prior to 3 years, you will be assessed a $50 fee in addition to the early withdrawal penalties.
Health Savings AccountLearn More
| Interest Rate | APY | Payment Frequency | Penalty for Early Closure (less than 3 months after opening) | Minimum Balance to Avoid Fee |
|---|---|---|---|---|
| 0.03% | 0.03% | Monthly | $20 | $50 |
Checking Accounts
| Product | Interest Rate | APY | Payment Frequency | Penalty for Early Closure (less than 3 months after opening) | Minimum Balance to Avoid Fee |
|---|---|---|---|---|---|
| Northeast Plus Interest Account | 0.03% | 0.03% | Monthly | $20 | $500 |
| Northeast Flag Senior Account | 0.03% | 0.03% | Monthly | None | $0 |
Northeast Nonprofit Interest Checking
| Balance Tier | Interest Rate | APY | Payment Frequency | Penalty for Early Closure (less than 3 months after opening) | Minimum Balance to Avoid Fee |
|---|---|---|---|---|---|
| None | 0.10% | 0.10% | Quarterly | $20 | $0 |
| $10,000.00 - $99,999.99 | 0.20% | 0.20% | Quarterly | $20 | $0 |
| $100,000 - $299,999.99 | 0.30% | 0.30% | Quarterly | $20 | $0 |
| $300,000.00 - $499,999.99 | 0.45% | 0.45% | Quarterly | $20 | $0 |
| $500,000+ | 0.55% | 0.55% | Quarterly | $20 | $0 |
Northeast Executive BankingLearn More
| Tier | Interest Rate | APY | Explanation |
|---|---|---|---|
| 0 - $15,000 | 0.30% | 0.30% | This will be the APY for the entire balance in the tier |
| $15,000+ | 0.10% | 0.10% - .30%, depending on balance | This is a blended APY - it includes the balance in both tiers, each of which earns a different interest rate. Higher balances will produce lower APYs. |
| If qualifications ARE NOT met | 0.03% | 0.03% | This will be the APY for the entire balance. |
