Rates effective as of July 1, 2020
RATE QUICK LINKS:
For all Certificate of Deposit and IRA rates please contact us at 319-984-5635
|Savings Account (1) (2)|
|$1 to $99,999||0.10%||0.10%|
|$100,000 to $249,999||0.15%||0.15%|
|$250,000 and above||0.15%||0.15%|
(Rates subject to immediate change)
*APY = Annual Percentage Yield
(1) Variable Rate Account. The rate may change after the account is opened.
(2) Fees could reduce earnings.
(3) Fees charged on balances below $500.
^ Provided that all monthly requirements are met: If the daily balance is $.01-$20,000.00 the interest rate paid on that portion of the balance would be 3.05% and APY* of 3.10%. If the daily balance is greater than $20,000.00 the interest rate paid on that portion of the balance would be 0.15% with an APY* range of 3.10% – 0.15%. Any accounts that do not meet all monthly requirements will have a rate of 0.01% and APY* of 0.01%. Interest is compounded daily and credited monthly. Posted ATM fees will be refunded up to $10.00 per statement cycle, if qualifications are met. If you close your account before interest is credited, you will not receive accrued interest. Rates and APY* are variable and may change daily. Fees may reduce earnings. $50 minimum to open account. APY is accurate as of 4/09/2020. Limit one account per household. Accounts available only for the Bank’s trade area. Click here for requirements.
Penalty for early withdrawal on certificates of deposit.
Call our office (319) 984-5635 for more information.