Online Account Rates

Rates are current as of Tuesday, October 13, 2020

Deposit Account Annual Percentage Yield
CD Specials  
18-23 Month CD/ IRA 1 0.55%
12-17 Month CD/ IRA 1 0.50%
9-12 Month CD/ IRA 1 0.30%
Certificates of Deposit  
5 Year CD/ IRA 3 0.20%
4 Year CD/ IRA 3 0.20%
3 Year CD/ IRA 3 0.20%
2 Year CD/ IRA 3 0.20%
18 Month CD/ IRA 3 0.20%
12 Month CD/ IRA 3 0.20%
180 Day CD/ IRA 3 0.05%
30 Day CD/ IRA 3 0.05%
Savings Accounts  
Home Town Savings- $0 to $14,999.99 4 0.03%
Home Town Savings- $15,000 to $49,999.99 4 0.03%
Home Town Savings- $50,000 to $99,999.99 4 0.05%
Home Town Savings- $100,000 to $249,999.99 4 0.05%
Home Town Savings- $250,000 and above 4 0.10%
Checking Account  
Home Town Premier Checking 5 0.01%
Money Market  
Money Market- $0 to $14,999.99 6 0.03%
Money Market- $15,000 to $49,999.99 6 0.05%
Money Market- $50,000 to $99,999.99 6 0.10%
Money Market- $100,000 to $499,999.99 6 0.15%
Money Market- $500,000 to $1,999,999.99 6 0.20%
Money Market- $2,000,000 to $4,999,999.99 6 0.40%
Money Market- $5,000,000 to $9,999,999.99 6 0.50%
Money Market- $10,000,000 and above 6 0.55%
Relationship Money Market Specials  
6 Month MMA Special 7 0.25%



Disclaimer:

(1) Annual Percentage Yield (APY) assumes principal and interest would remain on deposit for at least nine months. 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.

(3) CD Products, also known as Investment Certificates. - Annual Percentage Yield (APY) assumes principal and interest would remain on deposit for at least one year. 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.

(4) 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.

(5) 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.

(6) 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.

(7) The minimum balance requirement to open and achieve APY is $15,000.00. The introductory rate will apply for the first 6 months after the account is opened for accounts with balances of $15,000.00 or more. If balance is below $15,000.00 during the promotional period, current APY will apply. After 6 statement cycles this becomes a variable rate account based on current money market rates and levels. Rates subject to change at any time. This offer applies to new money only. Funds must come from a source other than Trustco Bank. $2,500.00 minimum balance required to avoid monthly charge of $10.00. Fees may reduce earnings. You must maintain a Home Town Premier Checking Account with reoccurring direct deposit or $1,000 Year-to-date average balance, or average 5 debit card transactions per month; or have a savings account with $5,000 minimum balance; or a mortgage product to be eligible for the advertised rate.

Please note: we reserve the right to alter or withdraw this product or certain features thereof without prior notification. Rates listed are for accounts opened online only. Rates may vary by branch and location.