Interest Rates

Checking Accounts

Effective Date: November 6, 2020

Account TypeMinimum
Opening Balance
Minimum Balance
Required to Earn APY
Annual
Percentage
Yield (APY)
Hawaii's Best Checking$100None0.02%
Money Market Checking $1,000 $0 to $999.990.02%
$1,000 or more0.05%
Teen or Student Checking$25None0.02%
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:  November 6, 2020

Account TypeMinimum
Opening Balance
Minimum Balance
Required to Earn APY
Annual
Percentage
Yield (APY)
Statement Savings$10None0.08%
Student Savings$10None0.25%
Student Savings with Student Checking$10None0.50%
Passbook Savings$10None0.08%
Keiki Savings$10None0.08%
Christmas Club Savings*$10None0.35%

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 Savings accounts:  $100,000 maximum balance.  New Christmas Club Savings accounts may be opened November 1 thru February 15, 2021.  No partial withdrawals allowed. Accounts closed prior to November 1, 2021 will lose all interest.

 

Special Certificate of Deposits (CDs) and IRA CDs

Effective Date: November 6, 2020

Account TypeBalance TierMinimum 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$1,0000.10%*
$50,000 +$50,0000.10%*
12-23 Month CD$1,000 - $49,999.99$1,0000.15%*
$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$1,0000.25%*
$50,000 +$50,000 0.25%*

*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:  November 6, 2020

Account TypeMinimum
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 0.25%
60 Month CD$1,000 $1,000 0.30%

A penalty may be imposed for early withdrawal.  For IRA accounts, terms start at 6 months.