Savings Rates

We know that saving money can take a lot of effort. But you don't have to do it alone. CoVantage will help you reach your goals by paying dividends at market-leading rates to your deposit accounts.

We provide the means to make your money grow faster.

With any investment, the key is to end up with more than you started with. That's sure to be the case when you have a checking, savings, Money Market, Share Certificate or retirement account at CoVantage. Our dividend payments can play a big part in moving you and your family toward financial security.

Annual Percentage Yields (APY) effective 12/15/2018 and subject to change.

Type Rate APY Minimum Deposit
Membership Share 0.797% 0.80% APY $10.00 Minimum Deposit. Dividend computed on daily balance and credited to account monthly.
Misc. Savings 0.797% 0.80% APY $10.00 Minimum Deposit. Dividend computed on daily balance and credited to account monthly.
Christmas Club 0.797% 0.80% APY $10.00 Minimum Deposit. Dividend computed on daily balance and credited to account monthly. Account balance is paid out 10/31.
IRA Account 0.995% 1.00% APY $10.00 Minimum Deposit. Dividend computed on daily balance and credited to account monthly.
Share Draft Account 0.250% 0.25% APY Dividend credited to account monthly. Account must maintain a minimum daily balance of $500 to earn a dividend.
Funeral Account 2.129% 2.15% APY $10.00 Minimum Deposit. Funeral, Casket, and Vault Accounts. Dividend computed on daily balance and credited to the account monthly.

Dividend computed on daily balance and credited to account monthly.

Minimum Balance Rate APY
Up to $4,999.99 0.747% 0.75% APY
$5,000 and over 0.995% 1.00% APY

Dividend computed on a daily balance and credited to account monthly.

Minimum Balance Rate APY
Up to $9,999.99 0.747% 0.75% APY
$10,000 to $24,999.99 0.995% 1.00% APY
$25,000 to $99,999.99 1.292% 1.30% APY
$100,000 to $249,999.99 1.588% 1.60% APY
$250,000 and over 1.982% 2.00% APY

A penalty may be imposed for early withdrawal. Compounded quarterly.

Term Rate APY Minimum Deposit
12 Month Certificate 2.133% 2.15% APY $1,000 Minimum Deposit
24 Month Certificate 2.477% 2.50% APY $1,000 Minimum Deposit
36 Month Certificate 2.722% 2.75% APY $1,000 Minimum Deposit
48 Month Certificate 2.967% 3.00% APY $1,000 Minimum Deposit
60 Month Certificate 3.211% 3.25% APY $1,000 Minimum Deposit
3 Month Certificate 0.996% 1.00% APY $5,000 Minimum Deposit
6 Month Certificate 1.492% 1.50% APY $5,000 Minimum Deposit
15 Mo. Cert. Special 2.722% 2.75% APY $5,000 Minimum Deposit

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