Our Flex Certificate offers a unique way for you to protect and grow your savings by combining the power of market investing with the safety of a certificate account. The Flex rate is based on the Effective Federal Funds Rate (EFFR)1 in effect on the last Thursday of each quarter.
If you’re looking to boost your savings, our 12-month Flex Certificate Account will do the trick! With a variable APY and a low minimum opening balance of just $750, it truly is a certificate like no other. You can also diversify your retirement portfolio with an IRA Flex Certificate.
Get the Rate and the Account That Stays Competitive
- If you are an Internet Banking or Mobile Banking user, the easiest way to open an account online is by logging into either of those services. Click the New Acct / Loan App option under the More menu.
- If you are not an Internet Banking or Mobile Banking user, you can still open your account online.
- If you have a maturing certificate, you can use our Certificate Account Instructions Form to reinvest in a Flex Certificate.
- Call us at 845.463.3011
Fixed Rate Certificate Account Options Available
If you prefer to have your savings tied into a fixed term, we also offer a range of terms from 3-60 months.
We Are Here To Help
Important Legal Disclosure & Information
1APY=Annual Percentage Yield. Flex certificate accounts have a variable dividend rate and APY that changes quarterly, or four times per year. Above is the variable Dividend Rate and variable APY for Flex Certificate Accounts and IRA Flex Certificate Accounts. The variable Dividend Rate and APY are effective 10/1/24 through 12/31/24. The minimum to open a 12-month term Flex Certificate Account or IRA Flex Certificate Account and earn the stated APY is $750. The APY is based on the Effective Federal Funds Rate (EFFR) in effect on the last Thursday of each quarter. The dividend rate is subsequently calculated based on the indexed APY and may change quarterly in accordance with this disclosure. Rate is subject to change after account opening. Fees or other conditions could reduce earnings on the account. A substantial penalty will be imposed for early withdrawal. IRA and Jumbo Flex Certificate Accounts earn the same Dividend Rate and APY as regular Flex Certificate Accounts. For all accounts, dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. All accounts are subject to the applicable terms and conditions set forth in the Truth in Savings Disclosure and Account Agreement, Disclosure and Account Agreement for Certificates and IRA Certificates, the Fee Schedule, and any agreement to which the Truth in Savings Disclosure and Account Agreement references.