rates

Account Type Interest Rate APY
Money Market (Tiered Account) Minimum deposit of $2500.00 to open account, and must maintain a minimum balance of $2500.00 to obtain APY.
$2,500.00 to $9,999.99 0.50% 0.50%
$10,000.00 to $24,999.99 0.55% 0.55%
$25,000.00 to $49,999.99 0.65% 0.65%
$50,000.00 to $99,999.99 0.70% 0.70%
$100,000.00 to $249,999.99 0.75% 0.75%
$250,000.00 to $499,999.99 0.80% 0.80%
$500,000.00 and up 0.90% 0.90%
Passbook Savings Minimum of $250.00 to open account, and must maintain a minimum balance of $25.00 to obtain APY. 0.50% 0.50%
Business Savings Minimum of $250.00 to open account, and must maintain a minimum balance of $25.00 to obtain APY. 0.50% 0.50%
Health Savings Account Minimum 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 1.50% 1.51%
$2,500.00 to $4,999.99 2.00% 2.02%
$5,000.00 to $14,999.99 2.25% 2.27%
$15,000.00 and up 2.40% 2.43%
myBOPchecking (layered interest – Minimum deposit of $250.00 to open account, and no minimum balance to obtain APY.)
$0 to $1999 0.10% 0.10%
$2000 to $4999 0.15% 0.15%
$5000 to $24999 0.25% 0.25%
$25000 and up 0.30% 0.30%

Certificates of Deposit

(Minimum of $1000.00 to open account, and must maintain a balance of $1000.00 to obtain APY.

$1,000 to $99,999 $100,000 +
Account Type Interest Rate APY Interest Rate APY
90 Days 0.90% 0.90% 0.90% 0.90%
6 Months 1.80% 1.81% 1.90% 1.91%
12 Months 2.15% 2.17% 2.25% 2.27%
18 Months 2.25% 2.27% 2.35% 2.37%
24 Months 2.30% 2.32% 2.40% 2.42%
36 Months 2.30% 2.32% 2.40% 2.42%
48 Months 2.50% 2.52% 2.60% 2.62%
60 Months 2.50% 2.52% 2.50% 2.52%
For CD amounts over $250,000, please contact the bank

24 Month IRA Rates

$0-$99,999 $100,000 +
Interest Rate APY Interest  Rate APY
Fixed 2.50% 2.52% 2.65% 2.68%
Variable Rate is 3.00% below listed NY Prime Rate Rate is 3.00% 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