Rates
Rates effective as of April 19, 2013. Rates may change after accounts are opened. Fees may reduce earnings.
Kasasa Cash
| Balance | APY* | Interest Rate |
|---|---|---|
| Balances up to $7,000 | 2.25% | 2.23% |
| Portion of balance over $7,000 | 0.05% | 0.05% |
| All balances (Non-Qualify) | 0.01% | 0.01% |
Qualifications each monthly qualification cycle:
- Have at least 10 debit card purchases post and clear
- Have at least 1 automatic payment or direct deposit post and clear
- Receive and review free eStatements
*APY=Annual Percentage Yield. APYs are accurate as of 04/1/2013. Rates may change after the account is opened. Minimum to open account is $50. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 and credited to account on the last day of monthly statement cycle; (2) balances up to $7,000 receive APY of 2.25%; and (3) balances over $7,000 earn 0.05% APY on portion of balance over $7,000, resulting in 2.25% - 0.19% APY (on assumed balance of $100,000). Qualifying transactions must post and clear an account during monthly qualification cycle. Transactions may take one or more banking days from the date the transaction was made to post to and clear an account. Transfers between your accounts with us do not count as qualifying transactions. ATM transactions do not count as qualifying transactions. The monthly qualification cycle is not the same as your monthly statement cycle. "Monthly Qualification Cycle" means a 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. If qualifications are not met, all balances earn 0.01% APY. Limit one account per household. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.
Advantage Checking
| Balance | APY* | Interest Rate |
|---|---|---|
| $1,000 to $2,499 | .010% | .010% |
| $2,500 to $4,999 | .010% | .010% |
| $5,000 to $7,499 | .010% | .010% |
| $7,500 to $9,999 | .020% | .020% |
| $10,000 to $24,999 | .025% | .025% |
| $25,000 to $49,999 | .025% | .025% |
| $50,000 to $74,999 | .035% | .035% |
| $75,000 and over | .045% | .045% |
*Annual Percentage Yield
The minimum to open Advantage Checking is $100. Interest will accrue each day the balance is equal to or greater than the minimum required to obtain the APY on these accounts. Savings interest is compounded daily and credited quarterly. Interest rates on all accounts are variable and subject to change at any time. Fees may reduce the earnings and APY. See Personal Banking for additional details.
Savings Accounts
| Account Type | APY* | Interest Rate |
|---|---|---|
| Money Market Account | .03% | .03% |
| Savings Account | .03% | .03% |
| Health Savings (IRA) | .05% | .05% |
*Annual Percentage Yield
The minimum to open Advantage Checking is $100. Interest will accrue each day the balance is equal to or greater than the minimum required to obtain the APY on these accounts. Savings interest is compounded daily and credited quarterly. Interest rates on all accounts are variable and subject to change at any time. Fees may reduce the earnings and APY. See Personal Banking for additional details.
Money Market Plus Accounts
| Balance** | APY* | Interest Rate |
|---|---|---|
| $10,000 to $49,999 | .200% | .200% |
| $50,000 to $99,999 | .250% | .250% |
| $100,000 to $499,999 | .500% | .500% |
| $500,000 & Over | .750% | .750% |
*Annual Percentage Yield
**$10,000 is required to void service charge. $100 is the minimum deposit to open a Money Market Basic, or a Money Market Plus account. Fees could reduce earnings.
Certificates of Deposit
| Term | Minimum | APY* | Interest Rate |
|---|---|---|---|
| 1-Year CD | $1,000 | .60% | .60% |
| 2-Year CD | $1,000 | .80% | .80% |
| 3-year CD | $1,000 | 0.950% | 0.950% |
| 4-year CD | $1,000 | 1.310% | 1.30% |
| 5-Year CD | $1,000 | 1.410% | 1.40% |
| Variable IRA | $100 | .400% | .400% |
| 30-Month Variable Rate CD (1.00% Floor) | $10,000 | 1.000% | 1.000% |
| 60-Month Variable Rate CD (1.20% Floor) | $10,000 | 1.210% | 1.200% |
*Annual Percentage Yield
The minimum to open and obtain the APY is the minimum stated in each category. APY stated for maturities of less than one year assumes interest compounds at maturity and is re-invested for the same term and rate for a year period. APY stated for maturities of one year or longer assumes interest is compounded monthly and remains on deposit until maturity. If interest is not compounded, the APY will be less than stated. A penalty may be imposed for early withdrawal. Refer to Truth-in-Savings disclosure for complete detail by account category.
Withdrawals from a time deposit prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawal. Customer must maintain the minimum balance each day to obtain the disclosed annual percentage yield. These web page is for informational purposes only. Rates are subject to change without notice. Rate may change after accounts are opened, except Fixed Rate CDs. Please see a customer service representative for more information.
**$10,000 is required to avoid service charge. $100 is the minimum deposit to open a Money Market Basic or a Money Market Plus account.
Business NOW
| Balance | APY* | Interest Rate |
|---|---|---|
| $1,000 to $2,499 | .01% | .01% |
| $2,500 to $4,999 | .01% | .01% |
| $5,000 to $7,499 | .01% | .01% |
| $7,500 to $9,999 | .02% | .02% |
| $10,000 to $24,999 | .025% | .025% |
| $25,000 to $49,999 | .025% | .025% |
| $50,000 to $74,999 | .035% | .035% |
| $75,000 and over | .045% | .045% |
*Annual Percentage Yield
The minimum to open Business NOW is $100. Interest will accrue each day the balance is equal to or greater than the minimum required to obtain the APY on these accounts. Savings interest is compounded daily and credited quarterly. Interest rates on all accounts are variable and subject to change at any time. Fees may reduce the earnings and APY. See Personal Banking for additional details.
