Rates

Savings and Money Market Accounts

AccountsTierInterest RateAPY
Reliance Money Market$5,000 - $14,999.99
$15,000.00 - $29,999.99
$30,000.00 +
0.15%
0.25%
0.30%
0.15%
0.25%
0.30%
Reliance Savings$100 - $999.99
$1,000.00 - $4,999.99
$5,000.00 +
0.10%
0.10%
0.10%
0.10%
0.10%
0.10%
Reliance Really Green Savings$0 - $25,000.99
$25,001.00 +
0.75%
0.10%
0.75%
0.10%
Reliance Youth Savings$0 - $999.99
$1,000.00 - $4,999.99
$5,000.00 +
0.10%
0.10%
0.10%
0.10%
0.10%
0.10%

(As of March 3, 2014)

Checking

AccountTierInterest RatesAPY
Reliance Checking$0 - $999.99
$1,000.00 +
0.00%
0.10%
0.00%
0.10%
Reliance Really Green Checking$0 - $25,000.99
$25,001.00 +
1.50%
0.10%
1.51%
0.10%
Reliance Community Service Checking$0 - $999.99
$1,000.00 +
0.00%
0.10%
0.00%
0.10%
Reliance Money Management$5,000 - $14,999.99
$15,000.00 - $29,99.99
$30,000.00 +
0.15%
0.25%
0.30%
0.15%
0.25%
0.30%

(As of March 3, 2014)

*For your savings, money market and checking account, your annual percentage yield may change, at our discretion, at any time. If you close your account before interest is credited, you many not receive the accrued interest. The range your daily balance falls within determines the annual percentage yield paid on your entire account balance. Fees may reduce earnings. *Savings and Money Market accounts are compounded quarterly. *Checking accounts are compounded monthly.  APY is Annual Percentage Yield.

Certificates of Deposit and IRA's

TermsInterest RateAPY
180 days0.30%0.30%
9 months0.40%0.40%
1 year0.50%0.50%
13 month 0.82% 0.82% 
18 months1.02%1.02%
2 year 0.70%0.70%
25 month Step Up1.12%1.12%
3 year1.00%1.00%
42 month1.42%1.42%

(As of February 1, 2016)

APY is Annual Percentage Yield.  The minimum opening deposit is $1,000.  $1,000 is the minimum balance required to earn the annual percentage yield.
There may be penalties for early withdrawal:
    -180 day Certificate of Deposit – 3 months interest
    -All other Certificates of Deposit – 6 months interest
The 180 day, 9 month and 1 year CD - interest is credited at maturity. All other CD’s compound annually.  All certificates are automatically renewable.  The 13 month CD renews into a 12 month term.  The 25 month CD renews into a 24 month term and is a one time step up certificate during the term of the CD.  The 42 month CD renews into a 36 month term.  Interest rates on Certificates of Deposit are at fixed rates and are paid for the term of the deposit until maturity.  There will be a 7 day interest penalty on the amount withdrawn if the withdrawal is made within the first 6 days after the deposit.