Interest Rates
Checking Accounts
Effective Date: December 1, 2021
| Account Type | Minimum Opening Balance | Minimum Balance Required to Earn APY | Annual Percentage Yield (APY) |
|---|---|---|---|
| Hawaii's Best Checking | $100 | None | 0.02% |
| Money Market Checking | $1,000 | $0 to $999.99 | 0.02% |
| $1,000 or more | 0.03% | ||
| Teen or Student Checking | $25 | None | 0.02% |
Interest rate and Annual Percentage Yield (APY) subject to change without notice after the account is opened. Fees could reduce earnings on the account.
Savings Accounts
Effective Date: December 1, 2021
| Account Type | Minimum Opening Balance | Minimum Balance Required to Earn APY | Annual Percentage Yield (APY) |
|---|---|---|---|
| Statement Savings | $10 | None | 0.02% |
| Student Savings | $10 | None | 0.07% |
| Student Savings with Student Checking | $10 | None | 0.07% |
| Passbook Savings | $10 | None | 0.02% |
| Keiki Savings | $10 | None | 0.02% |
| Christmas Club Savings* | $10 | None | 0.20% |
Interest rate and Annual Percentage Yield (APY) subject to change without notice after the account is opened. Fees could reduce earnings on the account.
*Limitations on Christmas Club accounts: $100,000 maximum balance. New Christmas Club Savings accounts may be opened November 1 thru February 15, 2022. No partial withdrawals allowed. Accounts closed prior to November 1, 2022 will lose all interest.
Special Certificate of Deposits (CDs) and IRA CDs
Effective Date: December 1, 2021
| Account Type | Balance Tier | Minimum Balance Required to Earn APY | Annual Percentage Yield (APY) |
|---|---|---|---|
| 3-5 Month CD | $1,000 - $49,999.99 | $1,000 | 0.10%* |
| $50,000 + | $50,000 | 0.10%* | |
| 6-8 Month CD | $1,000 - $49,999.99 | $1,000 | 0.10%* |
| $50,000 + | $50,000 | 0.10%* | |
| 12-23 Month CD | $1,000 - $49,999.99 | $1,000 | 0.15%* |
| $50,000 + | $50,000 | 0.15%* | |
| 24-35 Month CD | $1,000 - $49,999.99 | $1,000 | 0.25%* |
| $50,000 + | $50,000 | 0.25%* | |
| 36-47 Month CD | $1,000 - $49,999.99 | $1,000 | 0.25%* |
| $50,000 + | $50,000 | 0.25%* | |
| 48-59 Month CD | $1,000 - $49,999.99 | $1,000 | 0.60%* |
| $50,000 + | $50,000 | 0.60%* | |
| 60 Month CD | $1,000 - $49,999.99 | $1,000 | 0.70%* |
| $50,000 + | $50,000 | 0.70%* |
*Deposited funds must be from another Financial Institution.
A penalty may be imposed for early withdrawal. For IRA accounts, terms start at 6 months.
Standard Certificate of Deposits (CDs) and IRA CDs
Effective Date: December 1, 2021
| Account Type | Minimum Opening Balance | Minimum Balance Required to Earn APY | Annual Percentage Yield (APY) |
|---|---|---|---|
| 3-5 Month CD | $1,000 | $1,000 | 0.03% |
| 6-8 Month CD | $1,000 | $1,000 | 0.05% |
| 9-11 Month CD | $1,000 | $1,000 | 0.10% |
| 12-23 Month CD | $1,000 | $1,000 | 0.10% |
| 24-35 Month CD | $1,000 | $1,000 | 0.15% |
| 36-47 Month CD | $1,000 | $1,000 | 0.15% |
| 48-59 Month CD | $1,000 | $1,000 | 0.50% |
| 60 Month CD | $1,000 | $1,000 | 0.60% |
A penalty may be imposed for early withdrawal. For IRA accounts, terms start at 6 months.
