Deposit Rates

Rates effective as of September 11, 2020

RATE QUICK LINKS:

CDIRASavingsCheckingMoneyMarket

        For all Certificate of Deposit and IRA rates please contact us at 319-984-5635

 

Savings
($50 minimum)
Interest Rate APY*
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%

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Checking Interest Rate APY*
DSBOne ^
$0.01 to $20,000 3.05% 3.10%
Above $20,000 0.15% 0.15%
If qualifications are not met for statement cycle 0.01% 0.01%
Business Plus (1) (2)
Up to $49,999 0.10% 0.10%
$50,000 to $249,999 0.20% 0.20%
$250,000 and above 0.30% 0.30%

 

 

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Money Market
($50 minimum)
Interest Rate APY*
Money Market (1) (2) (3)
Up to $4,999 0.10% 0.10%
$5,000 to $24,999 0.10% 0.10%
$25,000 to $49,999 0.10% 0.10%
$50,000 to $99,999 0.10% 0.10%
$100,000 to $249,999 0.20% 0.20%
$250,000 and above 0.30% 0.30%
Gold Money Market (1) (2) (3)
$0 to $24,999 0.00% 0.00%
$25,000 to $99,999 0.15% 0.15%
$100,000 to $249,999 0.20% 0.20%
$250,000 to $499,999 0.30% 0.30%
$500,000 to $999,999 0.40% 0.40%
$1,000,000 and above 0.45% 0.45%

 

 

(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.

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