Click on the account type below to open an account.

Rates are current as of Wednesday, June 12, 2024
Deposit Account Annual Percentage Yield
Checking Account
3 Month Home Town Investment Checking Promotional Rate1 3.70%
Home Town Investment Checking Account2 1.00%
Home Town Premier Checking3 0.01%
Home Town Free Checking4
Home Town Student Checking5
Savings Accounts6
3 Month Savings Account Promotional Rate 7 3.70%
Home Town Savings- $0 to $14,999.99 0.06%
Home Town Savings- $15,000 to $49,999.99 0.07%
Home Town Savings- $50,000 to $99,999.99 0.15%
Home Town Savings- $100,000 to $249,999.99 0.30%
Home Town Savings- $250,000 and above 0.35%
Certificates of Deposit8
3 Months CD 4.35%
5 Months CD 4.30%
6 Months CD 4.30%
7 Months CD 4.30%
13 Months CD 4.25%
18 Months CD 1.50%
2 Year CD 1.50%
3 Year CD 1.50%
4 Year CD 1.50%
5 Year CD 1.50%
Money Market9
3 Month Money Market Promotional Rate10 3.70%
Money Market- $0 $14,999 0.05%
Money Market- $15,000 to $49,999 0.08%
Money Market- $50,000 to 99,999 0.12%
Money Market- $100,000 to $499,999.99 0.40%
Money Market- $500,000 to $1,999,999.99 0.45%
Money Market- $2,000,000 to $4,999,999.99 1.05%
Money Market- $5,000,000 to $9,999,999.99 1.05%
Money Market- $10,000,000 and above 1.05%

Disclaimer:

(1) A minimum deposit of $50.00 is required to open a Home Town Investment Checking account. $25 monthly service charge. After 1 statement cycle this becomes a variable rate account based on the current investment checking rate which is currently at 1.00% APY. Monthly service charge is waived if there is a reoccurring direct deposit of payroll, retirement, or a social security income or a monthly average collected balance of $20,000. Interest paid on balances of collected daily balance of $20,000.00 or more. Daily interest earnings are accrued without compounding, and deposited to the account on a monthly basis. Rate may change after opened. Fees may reduce earnings. (2) A minimum deposit of $50.00 is required to open a Home Town Investment Checking account. $25 monthly service charge. Monthly service charge is waived if there is a reoccurring direct deposit of payroll, retirement, or a social security income or a monthly average collected balance of $20,000. Interest paid on balances of collected daily balance of $20,000.00 or more. Daily interest earnings are accrued without compounding, and deposited to the account on a monthly basis. Fees may reduce earnings. (3) A minimum deposit of $50.00 is required to open a Home Town Premier Checking account, a Daily minimum collected balance of $500.00 is required to earn interest. Monthly average collected balance of $500.00 or reoccurring direct deposit of payroll, retirement, or social security income is required to avoid $5.00 monthly service fee. Rate may change after account is opened. Fees may reduce earnings. (4) A minimum deposit of $50.00 is required to open a Home Town Free Checking account. (5) A minimum deposit of $50.00 is required to open a Home Town Student Checking account. (6) A minimum deposit of $50.00 is required to open a Home Town Passbook and Statement Savings Account, and you must keep a $200.00 Daily minimum available balance to avoid a monthly service charge and earn interest. Rate may change after account is opened. Fees may reduce earnings. (7) The minimum balance requirement to open an account is $50 and the minimum balance requirement to achieve APY is $20,000. This offer applies to new money only. Funds must come from a source other than Trustco Bank. The introductory rate will apply for the first 3 months after the account is opened. After 3 months, this becomes a variable rate account based on current rates and levels. Rates subject to change at any time. $200 minimum balance required to avoid monthly charge of $5.00. Fees may reduce earnings. (8) Annual Percentage Yield (APY). A minimum deposit of $500.00 is required to open a Certificate of Deposit. The Daily minimum balance requirement to achieve APY is $500. Interest is accrued daily and credited monthly. Substantial penalty for early withdrawal. Fees may reduce earnings. Withdrawals of interest will reduce earnings. (9) A minimum deposit of $2,500.00 is required to open a Money Market account. A Daily minimum statement balance of $2,500.00 is required to avoid a monthly service charge of $10.00. Rate may change after account is opened. Monthly service charges or fees could reduce earnings. Interest is calculated using the collected balance and interest earnings are accrued without compounding and deposited monthly. Please note: We reserve the right to alter or withdraw this product or certain features thereof without prior notification. Rates listed are for accounts that are opened online. (10) A minimum deposit of $2,500 is required to open a Money Market Account. This offer applies to new money only. Funds must come from a source other than Trustco Bank. The introductory rate will apply for the first 3 months after the account is opened. After 3 statement cycles this becomes a variable rate account based on current money market rates and levels listed above. A Daily minimum statement balance of $2,500.00 is required to avoid a monthly service charge of $10.00. Rate may change after account is opened. Monthly service charges or fees could reduce earnings. Interest is calculated using the collected balance and interest earnings are accrued without compounding and deposited monthly.