IMPORTANT NOTICE
Our hours will be changing at all three Ripco locations effective June 2nd, 2025. Click HERE to learn more.
Achieving More Together
Because we put people before profit, we always strive to offer the best checking account rates, savings account rates, IRA rates and more!
Wondering about the difference between APY and APR?
APR (Annual Percentage Rate) is your interest rate without taking compound interest into account; APY (Annual Percentage Yield) is the interest paid on a dividend-earning account over a year’s time including compounding – or the interest paid on interest.
Checking Account Rates
| Product | Min. Balance | Int.erest Rate | APY* |
|---|---|---|---|
| Free Checking | $0.00 | 0.00% | 0.00% |
| Smart Start Checking | $0.00 | 0.00% | 0.00% |
| Fresh Start Checking | $0.00 | 0.00% | 0.00% |
| Dividend-Earning Checking | $250.00 | 0.05% | 0.05% |
| Dividend-Earning Checking | $5,000.00 | 0.10% | 0.10% |
| Dividend-Earning Checking | $10,000.00 | 0.15% | 0.15% |
| Business Checking | $0.00 | 0.00% | 0.00% |
Savings Account Rates
| Product | Min. Balance | Int.erest Rate | APY* |
|---|---|---|---|
| Statement Savings | $25.00 | 0.15% | 0.15% |
| Secondary Savings | $25.00 | 0.15% | 0.15% |
| Saver's Sweepstakes | $25.00 | 0.40% | 0.40% |
| Business Savings | $25.00 | 0.15% | 0.15% |
| IRA Savings | $25.00 | 0.15% | 0.15% |
| Christmas Club | $0.00 | 0.75% | 0.75% |
| Ripco Kids Club* | $1.00 | 2.00% | 2.02% |
| Ripco Kids Club* | $501.00 | 0.15% | 0.15% |
| Money Market Index | $0.00 | 0.50% | 0.50% |
| Money Market Index | $10,000.00 | 1.25% | 1.26% |
| Money Market Index | $25,000.00 | 2.00% | 2.02% |
Certificate Rates
| Product | Min. Balance | Int.erest Rate | APY* |
|---|---|---|---|
| 3-Month Share Certificate | $500.00 | 0.75% | 0.75% |
| 6-Month Share Certificate | $500.00 | 1.00% | 1.00% |
| 12-Month Share Certificate | $500.00 | 3.00% | 3.03% |
| 24-Month Share Certificate | $500.00 | 3.25% | 3.29% |
| 36-Month Share Certificate | $500.00 | 3.50% | 3.55% |
| 48-Month Share Certificate | $500.00 | 3.50% | 3.55% |
| 12-Month Educational Certificate | $500.00 | 3.10% | 3.14% |
Traditional and Roth IRA Rates
| Product | Min. Balance | Int.erest Rate | APY* |
|---|---|---|---|
| 12-Month IRA Certificate | $500.00 | 3.00% | 3.03% |
| 24-Month IRA Certificate | $500.00 | 3.25% | 3.29% |
| 36-Month IRA Certificate | $500.00 | 3.50% | 3.55% |
| 48-Month IRA Certificate | $500.00 | 3.50% | 3.55% |