Rates
Checking | View ONLY Checking Rates | Return to Top
Raymond Federal Bank offers excellent convenience in our checking products. You may also like to see our savings products! There are plenty of benefits that we pack into our checking accounts:
- Night Depository Service
- Monthly Statements
- FREE Notary Service
- FREE ATM/debit card (upon approval)
- FREE Online Banking (upon approval)
- FREE Bill Pay
- FREE 24 Hour Telephone Banking
- 3 money orders FREE per month
Rate may change after an account is opened. "APY" stands for "Annual Percentage Yield."
Interest +
The Best Deal in Town! Interest Bearing compounded daily, No Service Charge, No Minimum Balance.
| $0.01 to $2,499.99 |
$2,500 to $7,499.99 |
$7,500 to $9,999.99 |
$10,000 to $24,999.99 |
$25,000 and Up | |||||
| Interest | APY | Interest | APY | Interest | APY | Interest | APY | Interest | APY |
| 0.87% | 0.87% | 0.92% | 0.92% | 0.97% | 0.97% | 1.02% | 1.02% | 1.07% | 1.07% |
50+
The Best Deal in Town for customers age 50 and over! Interest Bearing compounded daily, No Service Charge, No Minimum Balance. ALL basic logo checks FREE.
| $0.01 to $2,499.99 |
$2,500 to $7,499.99 |
$7,500 to $9,999.99 |
$10,000 to $24,999.99 |
$25,000 and Up | |||||
| Interest | APY | Interest | APY | Interest | APY | Interest | APY | Interest | APY |
| 0.87% | 0.87% | 0.92% | 0.92% | 0.97% | 0.97% | 1.02% | 1.02% | 1.07% | 1.07% |
Premier Checking
Minimum Opening Deposit = $25,000, Interest Bearing compounded daily, No Service Charge.
| $0.01 to $24,999.99 |
$25,000 and Up | ||
| Interest | APY | Interest | APY |
| 0.87% | 0.87% | 2.35% | 2.37% |
50+ Premier Checking
Minimum Opening Deposit = $25,000, Interest Bearing compounded daily, No Service Charge, ALL basic logo checks FREE.
| $0.01 to $24,999.99 |
$25,000 and Up | ||
| Interest | APY | Interest | APY |
| 0.87% | 0.87% | 2.35% | 2.37% |
Regular Checking
Non-interest bearing account, Regular checking $7.50 monthly service charge, No Minimum Balance.
Business Checking
Non-interest bearing, Monthly Service Charge $30, No Minimum Balance.
Small Business Checking
Non-interest bearing, $250 Minimum Balance, Monthly Service Charge $15 if balance falls below minimum
Visa Debit Cards
All consumer checking accounts are eligible to apply for a FREE Visa Debit card. Upon approval, this card provides cash withdrawals from checking accounts at ATM networks. It can also be used to make purchases in person, online or via the telephone and the purchase is deducted from the checking account.
Savings View ONLY Savings Rates | Return to Top
Raymond Federal Bank offers excellent value in our savings products. You may also like to see our checking products! There are plenty of benefits that we pack into our savings accounts:
- Quarterly Statements
- FREE Notary Service
- FREE Online Banking
- FREE 24 Hour Telephone Banking
- Night Depository Service
Rate may change after an account is opened. "APY" stands for "Annual Percentage Yield."
| Account Name | Description | Min to Open |
Fees | Interest Rate | APY |
Statement Savings |
Interest compounded daily. Rate may change after the account is opened. | $50 | $2.50 / month if balance falls below the minimum | 1.01% | 1.01% |
Statement Savings for Students |
Interest compounded daily. Rate may change after the account is opened. | $10 | $2.50 / month if balance falls below the minimum | 1.01% | 1.01% |
Money Market |
Interest compounded daily. Balances below the minimum will drop to Statement Savings rate. | $5,000 | – | 2.50% | 2.53% |
Premier Plus Money Market |
Interest compounded daily. Balances below the minimum will drop to Statement Savings rate. | $20,000 | – | 3.00% | 3.04% |
Certificate of Deposit (CD) Accounts
Our selection of CD savings vehicles can help you create wealth over time. You may also like to see our checking products! Our CD accounts come with peace of mind:
- FREE Notary Service
- FREE Online Banking
- FREE 24 Hour Telephone Banking
- Night Depository Service
- Can receive CD balance on a statement by combining to a savings or checking statement
All require $100 minimum deposit to open. Certificate has 4 rate tiers based on balance. IRA accounts are available for all Terms.
"IR" stands for "Interest Rate" and "APY" stands for "Annual Percentage Yield."
Please Note there is a 90 day interest penalty for early withdrawal and interest is compounded daily unless otherwise noted. Any winthdrawals or fees could reduce earnings.
| Term | Min to Open |
$100 to $7,499 |
$7,500 to $14,999 |
$15,000 to $49,999 |
$50,000 to and Up |
||||
| IR | APY | IR | APY | IR | APY | IR | APY | ||
90 Days * |
$100 | 2.00% | 2.01% | 2.05% | 2.06% | 2.10% | 2.11% | 2.15% | 2.16% |
182 Days * |
$100 | 2.40% | 2.41% | 2.45% | 2.46% | 2.50% | 2.51% | 2.55% | 2.56% |
8 Month † |
$100 | 2.85% | 2.88% | 2.90% | 2.93% | 2.95% | 2.99% | 3.00% | 3.04% |
7 Month † |
$100 | 1.50% | 1.51% | 1.50% | 1.51% | 1.50% | 1.51% | 1.50% | 1.51% |
9 Month † |
$100 | 1.50% | 1.51% | 1.50% | 1.51% | 1.50% | 1.51% | 1.50% | 1.51% |
13 Month |
$100 | 3.00% | 3.04% | 3.05% | 3.09% | 3.10% | 3.14% | 3.15% | 3.19% |
33 Month |
$100 | 3.55% | 3.61% | 3.60% | 3.66% | 3.65% | 3.71% | 3.70% | 3.76% |
1 Year |
$100 | 2.50% | 2.53% | 2.55% | 2.58% | 2.60% | 2.63% | 2.65% | 2.68% |
14 Month |
$100 | 1.50% | 1.51% | 1.50% | 1.51% | 1.50% | 1.51% | 1.50% | 1.51% |
15 Month |
$100 | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% |
16 Month |
$100 | 1.50% | 1.51% | 1.50% | 1.51% | 1.50% | 1.51% | 1.50% | 1.51% |
18 Month |
$100 | 2.60% | 2.63% | 2.65% | 2.68% | 2.70% | 2.73% | 2.75% | 2.78% |
2 Year |
$100 | 2.35% | 2.37% | 2.40% | 2.42% | 2.45% | 2.48% | 2.50% | 2.53% |
30 Month |
$100 | 1.50% | 1.51% | 1.50% | 1.51% | 1.50% | 1.51% | 1.50% | 1.51% |
3 Year |
$100 | 3.00% | 3.04% | 3.05% | 3.09% | 3.10% | 3.14% | 3.15% | 3.19% |
5 Year |
$100 | 3.50% | 3.55% | 3.55% | 3.61% | 3.60% | 3.66% | 3.65% | 3.71% |
Contact us for more information.
- * Simple interest (not compound interest). 30-day interest penantly for early withdrawal.
- † 30-day interest penalty.
- Highlighting denotes CD Special. Available for a limited time only.
Loans View ONLY Loan Rates | Return to Top
Real Estate Loans
Purchase and Refinances
Single Family Residential Mortgage Loans
Includes Manufactured Homes, Condominiums, Second Homes and Rental property
Construction Loans
Construction & Construction Permanent Financing
Raw Land Loans
Home Equity Lines of Credit (HELOC)
Commercial Real Estate
First Time Homebuyer Programs
Low to No down programs
Both fixed and adjustable rates are available.
We pride ourselves in servicing our loan portfolio in house.
Consumer Loans
Includes auto, recreational vehicles, boats, home improvement and savings secured.
Consumer loans are available for basically any worthwhile purpose.
Loan Contacts
We appreciate your interest in Raymond Federal Bank and would be happy to respond to your request for more information. E-mail contact is provided as a convenient way for you to inquire about our products and services or provide comments about our services.
Because e-mail transmissions are not secure, please refrain from providing identifying information such as your account number and Social Security number.
For current rates or loan questions, please contact the loan personnel listed below.
-
Linda Jerles
Loan Officer
(360) 942 3444
Long Beach Peninsula -
Carrie Montgomery
Loan Officer
(360) 642 4464
South Bend -
Rhonda Samplawski
Loan Officer
(360) 875-5504 -
Mary Bogar
Vice President -
Sr. Loan Officer
(360) 942 3444
Loan Forms
- Mortgage Loan Application (PDF | 339k | Download Acrobat Reader)
- Consumer Loan Application (PDF | 665k | Download Acrobat Reader)
