Saving today for Tomorrow’s Future

Rates

 Savings

AccountsMinimum Balance to Obtain APY*Interest RateAPY
Reliance Money Market Savings $5,000 - $14,999.99
$15,000.00 - $29,999.99
$30,000.00 +
0.10%
0.20%
0.35%
0.10%
0.20%
0.35%
Reliance Savings $100 - $999.99
$1,000.00 - $4,999.99
$5,000.00 +
0.05%
0.05%
0.05%
0.05%
0.05%
0.05%
Really Green Savings $.01 - $25,000.99
$25,001.00 +
0.25%
0.10%
0.25%
0.10%
Youth Savings $.01 - $999.99
$1,000.00 - $4,999.99
$5,000.00 +
0.05%
0.05%
0.05%
0.05%
0.05%
0.05%
(As of December 1, 2020)

Checking

AccountMinimum Balance to Obtain APY*Interest RatesAPY
Reliance Checking $.01 - $999.99
$1,000.00 +
0.00%
0.05%
0.00%
0.05%
Really Green Checking $.01 - $25,000.99**
$25,001.00 +
0.75%
0.05%
0.75%
0.05%
Reliance Community Service Checking $.01 - $999.99
$1,000.00 +
0.00%
0.05%
0.00%
0.05%
Money Management $5,000 - $14,999.99
$15,000.00 - $29,99.99
$30,000.00 +
0.05%
0.10%
0.15%
0.05%
0.10%
0.15%

(As of December 1, 2020)

*APY = Annual Percentage Yield

** To obtain the stated APY for daily balances $25,000.99 or less, you are required during the month to have a direct deposit, 10 debit card POS transactions, and receive an electronic statement.  If you don't meet these requirements, you will obtain the same APY for daily balances of $25,001.00 or more, during that month.

For savings, money market and checking accounts; the APY may change any time at our discretion. If you close your account before interest is credited, you will not receive the accrued interest. Fees may reduce earnings. Interest on savings and money market accounts are compounded and credited quarterly.  Interest on checking accounts are compounded and credited monthly.  Interest begins to accrue the date you deposit non-cash items (for example, checks). Interest is calculated using the daily balance method. 

Certificates of Deposit and IRA's

TermsInterest RateAPY
180 days 0.25% 0.25%
1 year 0.40% 0.40%
15 month  0.50%  0.50% 
18 months 0.40% 0.40%
2 year 0.45% 0.45%
27 month 0.60% 0.60%
3 year 0.50% 0.50%
42 month 0.70% 0.70%

(As of September 1, 2021) 

APY = Annual Percentage Yield. 

The minimum opening deposit is $1,000. 

$1,000 is the minimum balance required to earn the annual percentage yield for Certificate of Deposits. 

$0.01 is the minimum balance required to earn the annual percentage yield for IRAs.  

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, and 1 year CD - interest is credited at maturity. All other CD’s are compounded and credited annually.  All certificates are automatically renewable.  The 15 month CD renews into a 12 month term.  The 27 month CD renews into a 24 month term.  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. Interest is calculated using the daily balance method.  Interest begins to accure the date you deposit non-cash items (for example, checks).  If you close your account before interest is credited, you will receive the accrued interest.  Fees may reduce earnings.

Policy Statement

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Equal Housing Lender


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Bank Hours

Lobby: 

Mon-Fri 9:00am - 5:00pm, Saturday 9:00am - 12:00pm

Drive Up:

Mon-Fri 8:00am - 5:30pm, Saturday 9:00am - 12:00pm


Contact Us

Questions? Talk to a bank representative at (507) 331-2493