October 18, 2017

Rates

Wake Forest Federal offers some of the area’s highest interest rates on checking, savings, IRAs, and CDs. We also offer very competitive rates on mortgage and construction loans.

We strive to keep our online rates as accurate as possible. Some of these rates change quite often, so please call us at (919) 556-5146 for the very latest rates available.

Rates Effective March 20, 2017

Certificate of Deposit (1)
Interest Rate
Annual % Yield
31 Day
0.15%
0.15%
91 Day
0.20%
0.20%
182 Day Regular
0.25%
0.25%
182 Day Special
0.50%
0.50%
9 Month Regular
0.50%
0.50%
12 Month Regular
0.50%
0.50%
12 Month Special
0.75%
0.75%
18 Month Regular
0.50%
0.50%
24 Month Regular
0.65%
0.65%
24 Month Special
1.00%
1.00%
30 Month Regular
0.65%
0.65%
42 Month Regular
0.75%
0.75%
60 Month Regular
1.00%
1.00%
60 Month Special
1.35%
1.36%
Passbook & Club Accounts (2)
0.15%
0.15%
Checking (DDA) Acct (2)
0.05%
0.05%
Money Market Account (2)(3)
$.00 – $1,999.99
0.10%
0.10%
$2,000.00 – 24,999.99
0.25%
0.25%
$25,000.00 – $49,999.99
0.35%
0.35%
$50,000.00 – $99,999.99
0.45%
0.45%
$100,000.00 and Above

0.55%

0.55%

1-The minimum balance to open a certificate of deposit and to earn the annual percentage yield is $500.00. A penalty will be imposed for early withdrawal.

2-Rates may change after the account is opened. Fees could reduce stated earnings.

3-The minimum balance to open a Money Market Account is $2,000.00. If account balance later drops below $2,000.00, a service charge may be imposed and the interest rate will revert to our checking account rate.