Rates
Rates effective September 30, 2016.
Interest rates may change at any time at the bank's discretion.
APY = Annual Percentage Yield
Kasasa Cash*
| Checking | Interest Rate | APY |
|---|---|---|
| Balances up to $15,000 | 1.99% | 2.01% |
| Balances over $15,000 | 0.22% | 2.01% – 0.45% |
| All balances if qualifications are not met | 0.05% | 0.05% |
To earn rewards, each monthly qualification cycle:
- Have at least 12 debit card purchases post and settle
- Be enrolled and log into online banking
- Be enrolled and receive eStatement notice
Kasasa Saver*
| Savings | Interest Rate | APY |
|---|---|---|
| Balances up to $15,000 | 0.75% | 0.75% |
| Balances over $15,000 | 0.18% | 0.75 – 0.25% |
| All balances if qualifications are not met | 0.05% | 0.05% |
To earn rewards, each monthly qualification cycle:
- Have at least 12 debit card purchases post and settle
- Be enrolled and log into online banking
- Be enrolled and receive eStatement notice
Personal Checking Accounts
| Account | Balance Ranges | Compounding Method | Interest Rate | APY |
|---|---|---|---|---|
| Prestige Checking | $0.00 – $9,999.99 | Daily | 0.05% | 0.05% |
| $10,000.00 – $19,999.99 | Daily | 0.05% | 0.05% | |
| $20,000.00 and over | Daily | 0.10% | 0.10% |
Business Checking Accounts
| Account | Balance Ranges | Compounding Method | Interest Rate | APY |
|---|---|---|---|---|
| Community Business Interest Checking | $0.00 – $9,999.99 | Daily | 0.05% | 0.05% |
| $10,000.00 – $19,999.99 | Daily | 0.05% | 0.05% | |
| $20,000.00 and over | Daily | 0.10% | 0.10% | |
| IOLTA / IOTA Interest Checking | $0.00 – $9,999.99 | Daily | 0.05% | 0.05% |
| $10,000.00 – $19,999.99 | Daily | 0.05% | 0.05% | |
| $20,000.00 – $49,999.99 | Daily | 0.10% | 0.10% | |
| $50,000.00 and over | Daily | 0.50% | 0.50% |
Personal Savings Accounts
| Account | Balance Ranges | Compounding Method | Interest Rate | APY |
|---|---|---|---|---|
| Lit' l People Passbook Savings | All Balances | Daily | 0.10% | 0.10% |
| Community Statement Savings | All Balances | Daily | 0.10% | 0.10% |
| Community Index Account | $0.00 – $9,999.99 | Daily | 0.10% | 0.10% |
| $10,000.00 – $24,999.99 | Daily | 0.10% | 0.10% | |
| $25,000.00 – $49,999.99 | Daily | 0.20% | 0.20% | |
| $50,000.00 – $99,999.99 | Daily | 0.40% | 0.40% | |
| $100,000.00 and over | Daily | 0.50% | 0.50% | |
| Health Savings Account | All Balances | Daily | 0.20% | 0.20% |
Business Savings Accounts
| Account | Balance Ranges | Compounding Method | Interest Rate | APY |
|---|---|---|---|---|
| Community Business Statement Savings | All Balances | Daily | 0.10% | 0.10% |
| Community Business Index Account | $0.00 – $9,999.99 | Daily | 0.10% | 0.10% |
| $10,000.00 – $24,999.99 | Daily | 0.10% | 0.10% | |
| $25,000.00 – $49,999.99 | Daily | 0.20% | 0.20% | |
| $50,000.00 – $99,999.99 | Daily | 0.40% | 0.40% | |
| $100,000.00 and over | Daily | 0.50% | 0.50% | |
| Community Public Fund Index Account | $0.00 – $9,999.99 | Daily | 0.05% | 0.05% |
| $10,000.00 – $24,999.99 | Daily | 0.10% | 0.10% | |
| $25,000.00 – $49,999.99 | Daily | 0.10% | 0.10% | |
| $50,000.00 – $99,999.99 | Daily | 0.20% | 0.20% | |
| $100,000.00 – $499,999.99 | Daily | 0.20% | 0.20% | |
| $500,000.00 and over | Daily | 0.20% | 0.20% |
Individual Retirement Accounts
| Account | Compounding Method | Interest Rate | APY |
|---|---|---|---|
| 270 days | Daily | 0.25% | 0.25% |
| 12 – 23 months | Daily | 0.50% | 0.50% |
| 24 – 35 months | Daily | 0.75% | 0.75% |
| 36 – 47 months | Daily | 1.24% | 1.25% |
| 48 – 59 months | Daily | 1.49% | 1.50% |
| 60 months | Daily | 1.73% | 1.75% |
| Community Savings IRA | Daily | 0.20% | 0.20% |
$1,000 minimum deposit
Penalty for Early Withdrawal
To Inquire about special CD Rates, please call our Ravenna Office at 330-296-8090 or our Kent Office at 330-678-8080
Annual Percentage Yield is based upon the maximum term of deposit for each maturity range.
A withdrawal will reduce earnings.
A COPY OF THE "PORTAGE COMMUNITY BANK RULES AND REGULATIONS" IS AVAILABLE UPON REQUEST
Maintenance or activity fees could reduce earnings on the account. Variable Interest Rates subject to change.
THERE IS A PENALTY REQUIRED FOR EARLY WITHDRAWAL OF CDs AND IRAs.
Certificates of Deposit (CDs)
| Account | Compounding Method | Interest Rate | APY |
|---|---|---|---|
| 30 – 89 days | Daily | 0.10% | 0.10% |
| 90 – 179 days | Daily | 0.15% | 0.15% |
| 180 – 364 days | Daily | 0.25% | 0.25% |
| 12 – 23 months | Daily | 0.50% | 0.50% |
| 24 – 35 months | Daily | 0.75% | 0.75% |
| 36 – 47 months | Daily | 1.24% | 1.25% |
| 48 – 59 months | Daily | 1.49% | 1.50% |
| 60 months | Daily | 1.73% | 1.75% |
| 84 months | Daily | 1.98% | 2.00% |
$1,000 minimum deposit
Penalty for Early Withdrawal
To Inquire about special CD Rates, please call our Ravenna Office at 330-296-8090 or our Kent Office at 330-678-8080
Annual Percentage Yield is based upon the maximum term of deposit for each maturity range.
A withdrawal will reduce earnings.
A COPY OF THE "PORTAGE COMMUNITY BANK RULES AND REGULATIONS" IS AVAILABLE UPON REQUEST
* For Business CDs and Consumer CDs under $100,000 - minimum is 30 days.
Maintenance or activity fees could reduce earnings on the account. Variable Interest Rates subject to change.
THERE IS A PENALTY REQUIRED FOR EARLY WITHDRAWAL OF CDs AND IRAs.
Jumbo Certificates of Deposit (CDs)
| Account | Public Funds Interest Rate** | APY | Business/Consumer Interest Rate* | APY |
|---|---|---|---|---|
| 14 – 29 days | 0.05% | 0.05% | 0.05% | 0.05% |
| 30 – 59 days | 0.05% | 0.05% | 0.05% | 0.05% |
| 60 – 89 days | 0.10% | 0.10% | 0.05% | 0.05% |
| 60 – 119 days | 0.15% | 0.15% | 0.10% | 0.10% |
| 120 – 149 days | 0.15% | 0.15% | 0.15% | 0.15% |
| 150 – 179 days | 0.20% | 0.20% | 0.15% | 0.15% |
| 180 – 269 days | 0.20% | 0.20% | 0.20% | 0.20% |
| 270 – 364 days | 0.25% | 0.25% | 0.30% | 0.30% |
| 12 – 23 months | 0.40% | 0.40% | 0.30% | 0.30% |
| 24 – 35 months | 0.50% | 0.50% | 0.40% | 0.40% |
| 36 – 47 months | 0.80% | 0.80% | 0.60% | 0.60% |
| 48 – 59 months | 1.00% | 1.00% | 1.00% | 1.01% |
| 60 months | 1.50% | 1.50% | 1.20% | 1.21% |
$100,000 minimum deposit
Penalty for Early Withdrawal
To Inquire about special CD Rates, please call our Ravenna Office at 330-296-8090 or our Kent Office at 330-678-8080
Annual Percentage Yield is based upon the maximum term of deposit for each maturity range.
A withdrawal will reduce earnings.
CDARS - ask for terms and yields
* Consumer & Business interest rates are compounded daily - 365 day basis.
Consumer, Business, and Public Fund Jumbo CDs are not auto-renewable.
** Public Fund rates are simple interest based on a 360 day year with only the principal being renewed.
CDs of $100,000 or more, interest rates may change daily.
For more information about CDs $100,000 or more, call (330)296-8090.