rates

Account Type Interest Rate APY

Money Market (Tiered Account)

Minimum deposit of $2500.00 to open account.

$2,500.00 to $9,999.99 0.05% 0.05%
$10,000.00 to $24,999.99 0.05% 0.050%
$25,000.00 to $49,999.99 0.10% 0.10%
$50,000.00 to $99,999.99 0.15% 0.15%
$100,000.00 to $249,999.99 0.20% 0.20%
$250,000.00 to $499,999.99 0.25% 0.25%
$500,000.00 and up 0.30% 0.30%
Passbook SavingsMinimum of $250.00 to open account, and must maintain a minimum balance of $25.00 to obtain APY. 0.25% 0.24%
Business SavingsMinimum of $250.00 to open account, and must maintain a minimum balance of $25.00 to obtain APY. 0.25% 0.24%
Health Savings AccountMinimum deposit of $100.00 to open account, and must maintain a minimum balance of  $100.00 to obtain APY.
$100.00 to $499.99 0.95% 0.95%
$500.00 to $2,499.99 1.70% 1.71%
$2,500.00 to $4,999.99 2.20% 2.22%
$5,000.00 to $14,999.99 2.50% 2.53%
$15,000.00 and up 2.90% 2.94%
myBOPchecking (layered interest - Minimum deposit of $250.00 to open account.)
$0 to $1999 0.05% 0.05%
$2000 to $4999 0.10% 0.10%
$5000 to $24999 0.15% 0.15%
$25000 and up 0.20% 0.20%

 

Certificates of Deposit

(Minimum of $1000.00 to open account. All CDs on a 365-day year)

$1,000 to $99,999 $100,000 +
Account Type Interest Rate APY Interest Rate APY
90 Days 0.10% 0.10% 0.20% 0.20%
6 Months 0.20% 0.20% 0.40% 0.40%
12 Months 0.40% 0.40% 0.60% 0.60%
18 Months 0.50% 0.50% 0.70% 0.70%
24 Months 0.70% 0.70% 0.90% 0.90%
36 Months 0.90% 0.90% 1.10% 1.10%
48 Months 1.05% 1.05% 1.25% 1.26%
60 Months 1.25% 1.26% 1.45% 1.46%
For CD amounts over $250,000 and term greater than 6 Months,please ask an officer for rate
$250,000 +  
Interest Rate APY
6 Months 0.50% 0.50%
24 Month IRA Rates
$25,001-$99,999 $100,000 +
Interest Rate APY Interest  Rate APY
Fixed 1.60% 1.61% 1.70% 1.71%
Variable Rate is 1.50% below listed NY Prime Rate Rate is 1.50% below listed NY Prime Rate
Fees Could Reduce the Earnings On the Accounts. -  Actual Accrual, Simple Interest
SUBSTANTIAL PENALTY FOR EARLY WITHDRAWAL
APY = annual percentage yield