Current Rates


Rates effective as of August 10, 2020

All depositors are insured up to $250,000.00 by the Federal Deposit Insurance Corporation.
Rates may be unavailable in counties where the bank does not maintain a branch facility
APY is Annual Percentage Yield



The Amazing Account Checking

AmountInterest RateAPY
Portion $5,000 & below4.01%4.01%
Portion over $5,0000.10%0.10%

Minimum Opening deposit is $50.  Interest is paid in points, redeemable for cash, gift cards, merchandise or travel.   We use the average daily balance method to calculate interest on The Amazing Account.  Points will be credited to you monthly on the second business day following month end.  Each point has a Cash Back redemption value of $0.01.  Points will expire four years after the date of issuance, and are redeemable on a first-in, first- out basis. Stated interest rate and APY is paid on the first $5,000 in your account provided 10 debit card purchases post and clear your account during the monthly statement cycle, otherwise 0.10% APY is paid on the entire balance in your account.  The Amazing Account is available to consumers only and is limited to two accounts per person.  A consumer account is one that is used primarily for personal, family or household purposes.  eStatements required.  Paper statements are available for $2 per statement cycle.  Interest Rate is variable and may change after the account is opened.  Fees may reduce earnings on account. APY is Annual Percentage Yield.




Platinum Money Market

AmountInterest RateAPY
$100,000 and up0.05%0.05%
$25,000 to $99,9990.05%0.05%
$24,999 & below0.05%0.05%

Minimum Opening Deposit is $25,000. APY is Annual Percentage Yield.
Interest Rate is variable and may change after the account is opened.  Fees may reduce earnings on account.




Interest Checking

AmountInterest RateAPY
$15,000 and up0.05%0.05%
$5,000 to $14,9990.05%0.05%
$1,000 to $4,9990.05%0.05%
$999 & below0.00%0.00%

Minimum Opening Deposit is $50. APY is Annual Percentage Yield. 
Interest Rate is variable and may change after the account is opened. Fees may reduce earnings




Certificate Specials*

Under $100,000$100,000 and Over
TermInterest RateAPYInterest RateAPY
9 Month0.41%0.41%0.47%0.47%
39 Month0.51%0.51%0.57%0.57%

$10,000 minimum deposit  on 9 month and 39 month special.
Upon maturity 9 month special will renew at current 12 month rate.
Upon maturity 39 month special will renew at current 36 month rate.
* Withdrawals of interest may reduce earnings.  A penalty may be imposed for early withdrawal. APY is Annual Percentage Yield.




Certificate of Deposit*

Under $100,000$100,000 and Over
TermInterest RateAPYInterest RateAPY
10 Years1.01%1.01%1.06%1.07%
5 Years0.78%0.78%0.84%0.84%
48 Months0.42%0.42%0.48%0.48%
36 Months0.38%0.38%0.44%0.44%
24 Months0.25%0.25%0.31%0.31%
12 Months0.11%0.11%0.17%0.17%
6 Months0.08%0.08%0.14%0.14%
3 Months0.05%0.05%0.11%0.11%

Minimum Opening Deposit is $1,000. APY is Annual Percentage Yield.
* Withdrawals of interest may reduce earnings.  A penalty may be imposed for early withdrawal.  Specials cannot be combined with any other offers.  Interest begins to accrue on the business day you deposit non-cash items




Amazing Savings

AmountInterest RateAPY
Portion over $5,0000.10%0.10%
Portion $5,000 and below1.00%1.00%

APY is Annual Percentage Yield.
Interest is paid in points, redeemable for cash, gift cards, merchandise or travel.  Each point has a Cash Back redemption value of $0.01. Points will expire four years after the date of issuance, and are redeemable on a first-in, first- out basis.   Amazing Savings is available to consumers only and is limited to three (3) accounts per person.  A consumer account is one that is used primarily for personal, family or household purposes.  eStatements required.  Paper statements are available for $2 per statement cycle.  Minimum Opening deposit is $50. Interest Rate is variable and may change after the account is opened.  Fees may reduce earnings on account. 




Classic Savings

AmountInterest RateAPY
Full Balance0.05%0.05%

APY is Annual Percentage Yield. Minimum Opening Deposit is $50. Fees may reduce earnings.
Interest Rate is variable and may change after the account is opened.  




Christmas Club

AmountInterest RateAPY
Full Balance0.05%0.05%

APY is Annual Percentage Yield. See us for specific details on Christmas Club Accounts. Minimum Opening Deposit is $1.00. Interest Rate is variable and may change after the account is opened.  




Individual Retirement Account Special

Under $100,000$100,000 and Over
TermInterest RateAPYInterest RateAPY
5 Year IRA0.78%0.78%0.84%0.84%

APY is Annual Percentage Yield. Minimum Opening Deposit is $1,000. A penalty may be imposed for early withdrawal.




IRA Accounts

Under $100,000$100,000 and Over
TermInterest RateAPYInterest RateAPY
10 Years1.01%1.01%1.06%1.07%
5 Years0.78%0.78%0.84%0.84%
48 Months0.42%0.42%0.48%0.48%
36 Months0.38%0.38%0.44%0.44%
24 Months0.25%0.25%0.31%0.31%
12 Months0.11%0.11%0.17%0.17%

Minimum Opening Deposit is $1,000. APY is Annual Percentage Yield. A penalty may be imposed for early withdrawal. 




Money Market IRA

AmountInterest RateAPY
Full Balance0.10%0.10%

Minimum opening deposit is $100. APY is Annual Percentage Yield. Interest Rate is variable and may change after the account is opened.




Health Savings Accounts

AmountInterest RateAPY
Full Balance.05%.05%

Interest Rate is variable and may change after the account is opened. Fees may reduce earnings. APY is Annual Percentage Yield.



Interest on all accounts, except certificates of deposit, IRA Specials and IRA certificates of deposits, begins to accrue no later than the business day the bank receives credit for the deposit of non-cash items.

For purposes of determining applicable rates, deposit amounts are rounded down to the nearest dollar.  For example, a balance of $14,999.90 would qualify for rates payable on deposits up to $14,999, not for rates payable on deposits of $15,000 or over.

Account fees may reduce earnings.

 



Hometown Community Banks
Morton, IL
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