Bank Rates

Compare the current rates of each account and find the one that meets your needs.

Reward Accounts

Rates Effective: 2/25/2024

Reward Accounts
ProductReward1
Kasasa Cash ®1.00% APY* paid on balances up to $10,000 Reimbursement on Domestic ATM fees up to $25 per month
Kasasa Cash Back®3% Cash Back on debit card purchases up to $200 Reimbursement on Domestic ATM fees up to $25 per month
Kasasa Saver®0.50% APY* paid on balances up to $10,000

*APY=Annual Percentage Yield. Fees may reduce earnings. Rates are subject to change without notice. To obtain current information, please call 908-459-4121.

1Rewards are earned only if requirements and qualifications are met each monthly qualification cycle. “Monthly Qualification Cycle” is the period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Qualifying transactions must post and settle during qualification cycle. Transactions may take one or more banking days from the date of transaction to post and settle. ATM transactions do not qualify as debit card transactions. Kasasa Cash® balances over $10,000 earn an interest rate of 0.25% on the portion of the balance over $10,000, resulting in 1.00% – 0.32% APY depending on the balance. Interest earned may be less than the advertised APY. If qualifications are not met, all balances will earn 0.02% APY. Kasasa Cash Back® earns 3.00% Cash Back on debit card purchases up to $200 during each monthly qualification cycle (up to $6 Cash Back per qualifying cycle, $72 cash back per year). Kasasa Saver® balances over $10,000 earn an interest rate of 0.25% on the portion of the balance over $10,000, resulting in 0.50% – 0.27% APY depending on the balance. Interest earned may be less than the advertised APY. If qualifications are not met, all balances will earn 0.02% APY. Student Checking is recommended for ages 17-24. Domestic ATM fees incurred on Kasasa Cash® and Kasasa Cash Back® during qualification cycle up to $25 (up to $5 per single transaction) will be reimbursed and credited to the account on the last day of the monthly statement cycle. Domestic ATM fees incurred on Student Checking during qualification cycle up to $12.50 (up to $5 per single transaction) will be reimbursed and credited to the account on the last day of the monthly statement cycle. To qualify for Kasasa Cash® and Kasasa Cash Back® rewards each monthly qualification cycle, you must have at least 12 debit card purchases, enroll in and log in to Online Banking, and have at least 1 direct deposit or ACH payment or credit. To qualify for Student Checking rewards each monthly qualification cycle, you must enroll in and log in to Online Banking. eStatements are a requirement on all reward accounts. If requirements and qualifications are not met, we reserve the right to convert your account with proper notice. Fees may reduce earnings. Limit one account per Social Security Number. Personal accounts only. Minimum deposit at account opening may apply. Member FDIC. Contact a First Hope Bank associate for more information.

Personal Checking

Rates Effective: 2/25/2024

Personal Checking
ProductBalanceInterest Rate PaidAnnual Percentage Yield (APY)*
Gold Money Market$0 – $999.990.00%0.00%
$1,000 – $2,499.990.05%0.05%
$2,500 – $99,999.990.08%0.08%
$100,000 & Above0.15%0.15%
Hope Select Plus
$0 – $999.990.00%0.00%
$1,000 – $9.999.990.01%0.01%
$10,000 & Above0.03%0.03%

*Fees may reduce earnings. Rates are subject to change without notice. To obtain current information, please call 908-459-4121.

Personal Savings

Rates Effective: 2/25/2024

Personal Savings
ProductInterest Rate PaidAnnual Percentage Yield (APY)*
Statement Savings0.04%0.04%
KIDS Savings0.20%0.20%
Holiday Club0.05%0.05%
Hopes & Dreams Club0.25%0.25%

*Fees may reduce earnings. Rates are subject to change without notice. To obtain current information, please call 908-459-4121.

Promotional Certificates of Deposit

Rates Effective: 2/25/2024

Promotional Certificates of Deposit
ProductInterest Rate PaidAnnual Percentage Yield (APY)1
9 Month CD Special13.94%4.00%
13 Month CD Special13.45%3.49%
23 Month CD Special12.97%3.00%

1Fees may reduce earnings. Rates are subject to change without notice. To obtain current information, please call 908-459-4121. $2,500 minimum deposit required to open and earn APY. Early withdrawal penalties may be imposed.

Certificates of Deposit

Rates Effective: 2/25/2024

Certificates of Deposit
ProductInterest Rate PaidAnnual Percentage Yield (APY)1
3 Month0.05%0.05%
6 Month0.15%0.15%
12 Month0.15%0.15%
18 Month0.25%0.25%
24 Month0.20%0.20%
30 Month0.40%0.40%
36 Month1.00%1.00%
36 Month Risk-Free 20.95%0.95%
48 Month0.60%0.60%
48 Month Risk-Free 20.55%0.55%
60 Month0.60%0.60%
60 Month Risk-Free 20.55%0.55%

1Fees may reduce earnings. Rates are subject to change without notice. To obtain current information, please call 908-459-4121.
2$2,500 minimum deposit required to open and earn APY. New money only. You may withdraw up to 50% of your total deposit once during the lifetime of the CD, penalty free, except within 6 days after the date deposit. Penalties for each additional withdrawal will be incurred.

Individual Retirement Accounts

Rates Effective: 2/25/2024

ProductInterest Rate PaidAnnual Percentage Yield (APY)*
IRA Savings0.10%0.10%

*Fees may reduce earnings. Rates are subject to change without notice. To obtain current information, please call 908-459-4121.