Rates

APY* = Annual Percentage Yield

Rates effective as of 6/1/2015.

Fees may reduce earnings.

Kasasa Cash*

BalanceInterest RateAPY*Minimum Deposit to Open
$0 - $10,0002.48%2.51%$1
$10,000+0.25%0.25%$1
All balances if qualifications not met0.05%0.05%$1

To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:


  • Have at least 12 debit card purchases post and settle
  • Be enrolled and receive eStatement notice
  • Must have direct deposit

If you don't meet the qualifications one month, don't worry. There is no penalty, and you still have a free checking account that earns our base interest rate. Plus, you can get back to earning huge interest and nationwide ATM fee refunds the very next month.


Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by Pioneer Bank as ATM transactions, signature based transactions, non-retail payment transactions and purchases made with non-Pioneer Bank issued debit cards. "Monthly Qualification Cycle" means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the current statement cycle.

Reward Information: When you meet your Kasasa Cash qualifications during each monthly qualification cycle your account will be credited with the following rewards on the last day of the statement cycle:

ATM Fee Reimbursements: Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. ATM receipt must be presented within thirty (30) calendar days of transaction for reimbursements of individual ATM fees of $5 or higher.

Interest: Interest will vary depending on how you structure your Kasasa Cash account.


  • Kasasa Cash (Stand Alone): balances up to $10,000 receive APY of 2.51%; and balances over $10,000 earn 0.25% interest rate on portion of balance over $10,000, resulting in 2.51% to 0.46% APY depending on the account's balance.
  • Kasasa Cash (Linked To Kasasa Saver): balances up to $10,000 receive a non-compounding APY* of 2.51%; and balances over $10,000 earn 0.25% interest rate on portion of balance over $10,000, resulting in a non-compounding APY* range of 2.51% to 0.46%, depending on the account's balance. * Interest does not compound because is it automatically transferred to the linked Kasasa Saver within one day of being credited to your Kasasa Cash account. Actual interest amount paid may be less than advertised Kasasa Cash APY* if represented without a linked Kasasa Saver account because of non-compounding. Note: Automatic transfer may cause an overdraft to your Kasasa Cash account, if the account's balance is less than the transferred amount when transfer occurs.

When qualifications are not met, ATM fee reimbursements are not made and all balances in Kasasa Cash (Stand Alone) earn 0.05% APY and all balances in Kasasa Cash (Linked To Kasasa Saver) earn a non-compounding APY* of 0.05%. Interest and ATM fee reimbursements will be credited to the appropriate account on the last day of the statement cycle.


APY = Annual Percentage Yield. APYs accurate as of 02/12/2015. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.


Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. The minimum deposit is required to open these accounts are $1 for Kasasa Cash and $50 for Kasasa Saver. Monthly Direct Deposit is a condition of the Kasasa Cash account. Enrollment in electronic statements is required to meet the account's qualifications. Limit 1 account per social security number. A Kasasa Cash account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly service charges or fees to open or close this account. Contact a Pioneer Bank service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa, Kasasa Cash and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A.



Checking and Savings Features

  • Accounts closed between statement cycles will not receive accrued interest.
  • Transfers from savings accounts to another account or to third parties by preauthorized, automatic, telephone transfer, check, or draft are limited to six per statement cycle.
  • The average daily balance method is used to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for this period.
  • Interest on non-cash deposits begins to accrue no later than the next business day after the deposit (for example, checks).
  • The interest rate and annual percentage yield may change at the Bank's discretion as often as daily. Rates may change after the account is opened.
  • Fees, penalties, service charges and withdrawal of earned interest may reduce earnings.
  • Earnings credit is determined at the Bank's discretion and may change at any time.
  • Overdraft fees apply to overdrafts created by check, in-person withdrawal, ATM withdrawal, automatic payment, or other electronic means.
  • No account service charge fees will be assessed to individuals under age 18 or to legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts. Service charges will begin automatically on the statement cycle following an individual's 18th birthday.
  • Free debit card for minors on Simple Checking until age 18. Automatic annual fee begins July 1st following 18th birthday.
  • The $1 per statement Paper Statement Fee will not be assessed to Kasasa accounts, Thrift Savings accounts, HSAs, or IRAs. The Paper Statement Fee will also not be assessed to individuals under the age of 18 or legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts. The Paper Statement Fee will begin automatically on the statement cycle following an individual's 18th birthday.
  • Fee for closing an account during the first six months does not apply to Thrift Savings and Kasasa accounts.
  • A continuous overdraft fee will be charged to your account on the beginning of the 3rd business day after your account goes negative.

Kasasa Saver*

BalanceInterest RateAPY*Minimum Deposit to Open
All balances0.75%0.75%$50
All balances if qualifications not met0.05%0.05%$50

To earn your rewards, simply do the following activities and transactions in your Kasasa Saver account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled and receive eStatement notice

If you don't meet the qualifications, don't worry. There's no penalty and both accounts are still free and earn our base rate interest. Plus, you can get back to earning the full rewards the very next month.


Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by Pioneer Bank as ATM transactions, signature based transactions, non-retail payment transactions and purchases made with non-Pioneer Bank issued debit cards. Only debit card transactions processed by merchants and received by the bank as POS transactions count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the current statement cycle.


Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s):


(1) Kasasa Saver: all balances receive an APY of 0.75%. If qualifications are met each monthly qualification cycle the Kasasa Saver interest rate tiers are as follows: 0.75% interest rate applies to all balances. If qualifications are not met each monthly qualification cycle a 0.05% interest rate applies to all balances.


(2) Kasasa Cash: (a) balances up to $10,000 receive a non-compounding APY* of 2.51%; and balances over $10,000 earn 0.25% interest rate on portion of balance over $10,000, resulting in a non-compounding APY* range of 2.51% to 0.46%, depending on the account's balance and (b) reimbursements up to $25 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. ATM receipt must be presented within thirty (30) calendar days of transaction for reimbursements of individual ATM fees of $5 or higher

When Kasasa Cash qualifications are not met, all balances in the Kasasa Saver earn 0.05% APY and all balances in the Kasasa Cash account earns a non-compounding APY* of 0.05% and ATM fees are not reimbursed. If qualifications are met each monthly qualification cycle the interest rate tiers are as follows: 2.48% interest rate applies to balances of $0.01 - $10,000 and .25% interest rate applies to balances over $10,000. If qualifications are not met each monthly qualification cycle a 0.05% interest rate applies to all balances. Interest and ATM fee reimbursements will be credited to the appropriate account on the last day of the statement cycle. *When linked to the Kasasa Saver account, the interest earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account within one day. Actual interest amount paid may be less than advertised Kasasa Cash APY* if represented without a linked Kasasa Saver account because of non-compounding. Note: Automatic transfer may cause an overdraft to your Kasasa Cash account, if the account's balance is less than the transferred amount when transfer occurs.


APY = Annual Percentage Yield. APYs accurate as of 02/12/2015. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.


Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. The minimum deposit is required to open these accounts are $1 for Kasasa Cash and $50 for Kasasa Saver. Direct Deposit is a condition of the Kasasa Cash account. Enrollment in electronic statements is required to meet the account's qualifications. Limit 1 account per social security number. A Kasasa Cash account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly service charges or fees to open or close this account. Contact a Pioneer Bank service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa, Kasasa Cash and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A.



Checking and Savings Features

  • Accounts closed between statement cycles will not receive accrued interest.
  • Transfers from savings accounts to another account or to third parties by preauthorized, automatic, telephone transfer, check, or draft are limited to six per statement cycle.
  • The average daily balance method is used to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for this period.
  • Interest on non-cash deposits begins to accrue no later than the next business day after the deposit (for example, checks).
  • The interest rate and annual percentage yield may change at the Bank's discretion as often as daily. Rates may change after the account is opened.
  • Fees, penalties, service charges and withdrawal of earned interest may reduce earnings.
  • Earnings credit is determined at the Bank's discretion and may change at any time.
  • Overdraft fees apply to overdrafts created by check, in-person withdrawal, ATM withdrawal, automatic payment, or other electronic means.
  • No account service charge fees will be assessed to individuals under age 18 or to legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts. Service charges will begin automatically on the statement cycle following an individual's 18th birthday.
  • Free debit card for minors on Simple Checking until age 18. Automatic annual fee begins July 1st following 18th birthday.
  • The $1 per statement Paper Statement Fee will not be assessed to Kasasa accounts, Thrift Savings accounts, HSAs, or IRAs. The Paper Statement Fee will also not be assessed to individuals under the age of 18 or legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts. The Paper Statement Fee will begin automatically on the statement cycle following an individual's 18th birthday.
  • Fee for closing an account during the first six months does not apply to Thrift Savings and Kasasa accounts.
  • A continuous overdraft fee will be charged to your account on the beginning of the 3rd business day after your account goes negative.

Kasasa Cash Back*

BalanceRewards
Rewards earned on entire balance if qualifications are met4% cash back on debit card purchases

To earn your rewards, simply do the following activities and transactions in your Kasasa Cash Back account each monthly qualification cycle:


  • Have at least 12 debit card purchases post and settle
  • Be enrolled and receive eStatement notice
  • Must have direct deposit

Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by Pioneer Bank as ATM transactions, signature based transactions, non-retail payment transactions and purchases made with non-Pioneer Bank issued debit cards. "Monthly Qualification Cycle" means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the current statement cycle.


Reward Information: When Kasasa Cash Back qualifications are met during a Monthly Qualification Cycle, you will receive (1) 4% cash back on up to a total of $200 debit card purchases that post and settle to the account during that cycle period. A maximum of $8 cash back may be earned per Monthly Qualification Cycle. You will also receive reimbursements up to $25 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. ATM receipt must be presented within thirty (30) calendar days of transaction for reimbursements of individual ATM fees of $5 or higher. When Kasasa Cash Back qualifications are not met, no cash back payments are made and ATM fees are not refunded. Cash back payments and ATM fee reimbursements will be credited to your Kasasa Cash Back account on the last day of statement cycle. Rates and rewards are variable and may change after account is opened.


Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $1 minimum deposit is required to open the account. Direct Deposit, is a condition of this account. Enrollment in electronic statements is required to meet the account's qualifications. Limit 1 account per social security number. There are no recurring monthly service charges or fees to open or close this account. Contact a Pioneer Bank service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa & Kasasa Cash Back are trademarks of BancVue, Ltd., registered in the U.S.A.





Checking and Savings Features

  • Accounts closed between statement cycles will not receive accrued interest.
  • Transfers from savings accounts to another account or to third parties by preauthorized, automatic, telephone transfer, check, or draft are limited to six per statement cycle.
  • The average daily balance method is used to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for this period.
  • Interest on non-cash deposits begins to accrue no later than the next business day after the deposit (for example, checks).
  • The interest rate and annual percentage yield may change at the Bank's discretion as often as daily. Rates may change after the account is opened.
  • Fees, penalties, service charges and withdrawal of earned interest may reduce earnings.
  • Earnings credit is determined at the Bank's discretion and may change at any time.
  • Overdraft fees apply to overdrafts created by check, in-person withdrawal, ATM withdrawal, automatic payment, or other electronic means.
  • No account service charge fees will be assessed to individuals under age 18 or to legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts. Service charges will begin automatically on the statement cycle following an individual's 18th birthday.
  • Free debit card for minors on Simple Checking until age 18. Automatic annual fee begins July 1st following 18th birthday.
  • The $1 per statement Paper Statement Fee will not be assessed to Kasasa accounts, Thrift Savings accounts, HSAs, or IRAs. The Paper Statement Fee will also not be assessed to individuals under the age of 18 or legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts. The Paper Statement Fee will begin automatically on the statement cycle following an individual's 18th birthday.
  • Fee for closing an account during the first six months does not apply to Thrift Savings and Kasasa accounts.
  • A continuous overdraft fee will be charged to your account on the beginning of the 3rd business day after your account goes negative.

Kasasa Tunes*

BalanceRewards
Rewards earned on entire balance if qualifications are met$5 in iTunes® or Amazon.com® download refunds* monthly

To earn your rewards, simply do the following activities and transactions in your Kasasa Tunes account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled and receive eStatement notice

If you don't meet the qualifications one month, don't worry. There is no penalty, you still have a free checking account, free debit card, and can get back to earning download and ATM fee refunds the next time you qualify.


Sign Up Bonus: When you open and fund your Kasasa Tunes account, you will be refunded up to an aggregate total of $10 (which includes any applicable taxes) for iTunes, Amazon.com, Google Play purchases, made with your Pioneer Bank Kasasa Tunes debit card that post and settle to your account during the first 60 calendar days after your account is opened. This refund will be credited to your account on the last day of the statement cycle in which your aggregate iTunes, Amazon.com, Google Play purchase threshold of $10 posts and settles to your account. Any portion of the Sign Up Bonus that is not used within the stated time period will be forfeited. A $1 deposit is required to open the account. No minimum balance is required to obtain this bonus.


Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by Pioneer Bank as ATM, transactions signature based transactions, non-retail payment transactions and purchases made with non-Pioneer Bank issued debit cards. "Monthly Qualification Cycle" means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the current statement cycle.


Reward Information: When Kasasa Tunes qualifications are met during a Monthly Qualification Cycle: you will earn up to an aggregate total of $5 (which includes any applicable taxes) in refunds for any iTunes, Amazon.com or Google Play purchases. In order to be refunded, iTunes, Amazon.com, Google Play purchases must be made with your Pioneer Bank Kasasa Tunes debit card and must post and settle to your account no more than 30 days after the Monthly Qualification Cycle in which you qualified ends. In addition, you will receive reimbursements up to $25 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. ATM receipt must be presented within thirty (30) calendar days of transaction for reimbursements of individual ATM fees of $5 or higher. When Kasasa Tunes qualifications are not met, iTunes, Amazon.com, Google Play purchases and ATM fees are not refunded. iTunes, Amazon.com, Google Play refunds and ATM fee reimbursements will be credited to your account on the last day of the statement cycle in which these purchases post and settle to your account and the ATM fees were incurred. Rewards are variable and may change after account is opened.


Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. A $1 deposit is required to open the account. Enrollment in electronic statements is required to meet the account's qualifications. Limit 1 account per social security number. There are no recurring monthly service charges or fees to open or close this account. Contact a Pioneer Bank service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. iTunes is a registered trademark of Apple, Inc. Amazon is a registered trademark of Amazon.com. Google Play is a registered trademark of Google, Inc. Apple Inc., Amazon.com and Google, Inc. are not participants in or sponsors of this program. Kasasa & Kasasa Tunes are trademarks of BancVue, Ltd., registered in the U.S.A.



Checking and Savings Features

  • Accounts closed between statement cycles will not receive accrued interest.
  • Transfers from savings accounts to another account or to third parties by preauthorized, automatic, telephone transfer, check, or draft are limited to six per statement cycle.
  • The average daily balance method is used to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for this period.
  • Interest on non-cash deposits begins to accrue no later than the next business day after the deposit (for example, checks).
  • The interest rate and annual percentage yield may change at the Bank's discretion as often as daily. Rates may change after the account is opened.
  • Fees, penalties, service charges and withdrawal of earned interest may reduce earnings.
  • Earnings credit is determined at the Bank's discretion and may change at any time.
  • Overdraft fees apply to overdrafts created by check, in-person withdrawal, ATM withdrawal, automatic payment, or other electronic means.
  • No account service charge fees will be assessed to individuals under age 18 or to legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts. Service charges will begin automatically on the statement cycle following an individual's 18th birthday.
  • Free debit card for minors on Simple Checking until age 18. Automatic annual fee begins July 1st following 18th birthday.
  • The $1 per statement Paper Statement Fee will not be assessed to Kasasa accounts, Thrift Savings accounts, HSAs, or IRAs. The Paper Statement Fee will also not be assessed to individuals under the age of 18 or legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts. The Paper Statement Fee will begin automatically on the statement cycle following an individual's 18th birthday.
  • Fee for closing an account during the first six months does not apply to Thrift Savings and Kasasa accounts.
  • A continuous overdraft fee will be charged to your account on the beginning of the 3rd business day after your account goes negative.

Checking Accounts

AccountMinimum Balance to Obtain APYMinimum Opening DepositInterest RateAPY*
Simple Checking$0.00$1000%0%
Business Checking

Business checking earns a credit of $.10/$100 average available balance.

$0.00$1000%0%
Interest Checking$0.00$2000.05%0.05%

Checking and Savings Features

  • Accounts closed between statement cycles will not receive accrued interest.
  • Transfers from savings accounts to another account or to third parties by preauthorized, automatic, telephone transfer, check, or draft are limited to six per statement cycle.
  • The average daily balance method is used to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for this period.
  • Interest on non-cash deposits begins to accrue no later than the next business day after the deposit (for example, checks).
  • The interest rate and annual percentage yield may change at the Bank's discretion as often as daily. Rates may change after the account is opened.
  • Fees, penalties, service charges and withdrawal of earned interest may reduce earnings.
  • Earnings credit is determined at the Bank's discretion and may change at any time.
  • Overdraft fees apply to overdrafts created by check, in-person withdrawal, ATM withdrawal, automatic payment, or other electronic means.
  • No account service charge fees will be assessed to individuals under age 18 or to legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts. Service charges will begin automatically on the statement cycle following an individual's 18th birthday.
  • Free debit card for minors on Simple Checking until age 18. Automatic annual fee begins July 1st following 18th birthday.
  • The $1 per statement Paper Statement Fee will not be assessed to Kasasa accounts, Thrift Savings accounts, HSAs, or IRAs. The Paper Statement Fee will also not be assessed to individuals under the age of 18 or legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts. The Paper Statement Fee will begin automatically on the statement cycle following an individual's 18th birthday.
  • Fee for closing an account during the first six months does not apply to Thrift Savings and Kasasa accounts.
  • A continuous overdraft fee will be charged to your account on the beginning of the 3rd business day after your account goes negative.

Savings Accounts

AccountMinimum Balance To Obtain APYMinimum Opening DepositInterest RateAPY*
Regular Savings

(IRA & Youth Savings)

$1000.25%0.25%
Thrift Savings$10.05%0.05%
Platinum Plus Savings

Balance needed to obtain APY

$0 - $50,000

6.00% Under Prime

$10.10%10.10%1
$50,000.01 - $100,000

4.00% Under Prime

0.10%10.10%1
$100,000.01 - $250,000

3.50% Under Prime

0.35%10.35%1
$250,000.01+

3.00% Under Prime

0.85%10.85%1

Rates may change at our discretion.

1. Minimum Interest Rate & APY. The interest rate will change on the first day of any month following a change in the Wall Street Journal Prime rate.


Checking and Savings Features

  • Accounts closed between statement cycles will not receive accrued interest.
  • Transfers from savings accounts to another account or to third parties by preauthorized, automatic, telephone transfer, check, or draft are limited to six per statement cycle.
  • The average daily balance method is used to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for this period.
  • Interest on non-cash deposits begins to accrue no later than the next business day after the deposit (for example, checks).
  • The interest rate and annual percentage yield may change at the Bank's discretion as often as daily. Rates may change after the account is opened.
  • Fees, penalties, service charges and withdrawal of earned interest may reduce earnings.
  • Earnings credit is determined at the Bank's discretion and may change at any time.
  • Overdraft fees apply to overdrafts created by check, in-person withdrawal, ATM withdrawal, automatic payment, or other electronic means.
  • No account service charge fees will be assessed to individuals under age 18 or to legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts. Service charges will begin automatically on the statement cycle following an individual's 18th birthday.
  • Free debit card for minors on Simple Checking until age 18. Automatic annual fee begins July 1st following 18th birthday.
  • The $1 per statement Paper Statement Fee will not be assessed to Kasasa accounts, Thrift Savings accounts, HSAs, or IRAs. The Paper Statement Fee will also not be assessed to individuals under the age of 18 or legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts. The Paper Statement Fee will begin automatically on the statement cycle following an individual's 18th birthday.
  • Fee for closing an account during the first six months does not apply to Thrift Savings and Kasasa accounts.
  • A continuous overdraft fee will be charged to your account on the beginning of the 3rd business day after your account goes negative.

Certifcates of Deposit

TermMinimum Balance To Obtain APYMinimum Opening DepositInterest RateAPY*
91 Days$500$5000.10%0.10%
182 Days$500$5000.25%0.25%
9 Months$500$5000.50%0.50%
12 Months$500$5000.50%0.50%
18 Months$500$5000.75%0.75%
21 Months$500$5000.75%0.75%
24 Months$500$5001.00%1.00%
30 Months$500$5001.00%1.00%
36 Months$500$5001.25%1.26%
48 Months$500$5001.50%1.51%
K25/60 Months$5,000$5,0001.99%2.00%

Penalty for early withdrawal. The interest rate will change on the first day of any month following a change in the Wall Street Journal Prime rate. Penalties are calculated on the principal basis of the CD that is withdrawn. Interest may be withdrawn from the CD penalty-free at any time after it is credited to you.


Certificate of Deposit Features

  • All Certificates of Deposit are subject to a penalty for early withdrawal equal to 30 days of interest on maturities of less than one year, 90 days of interest on maturities of one year to 35 months, 12 months of interest on maturities 36 months and greater, unless otherwise noted.
  • Some Certificates are automatically renewable and will begin to earn the renewal rate on the day of maturity. Nonrenewable certificates will not earn interest after maturity.
  • No penalty is assessed for a withdrawal from an automatically renewable Certificate within 10 days after maturity.
  • Interest begins to accrue on the business day you deposit non cash items (for example, checks).
  • After the account is opened, you may not make deposits into this account until maturity.
  • After the account is opened, you may not withdraw principal from this account until maturity, without penalty.
  • We use the daily balance method to calculate the interest on your account. This method applies a daily periodical rate to the principal in the account each day.
  • Interest on consumer owned Certificates is credited and compounded quarterly unless otherwise noted by type of Certificate. Refer to original Certificate.
  • The Annual Percentage Yield assumes the interest remains on deposit until maturity. Early withdrawal of principal or interest will reduce earnings.
  • Fees, penalties, service charges and withdrawal of earned interest may reduce earnings.


Loans

Mapleton:

Phone: 507-524-3630
or 888-866-2265

Galen Reding
Marvin Kimm
Barb Hofbauer
Geralyn Van Rossum - NMLS #510605
St. James:

Phone: 507-375-3201
or 888-206-1700

David Krause
Dean Olsen
Kevin Christenson
Karen Johnson
Jen Gilbertson
Travis Elg
Samantha Paris - NMLS #979978
Mankato:

Phone: 507-345-7069

Denise Nienow
Michael Harrington
Mindy Annis
North Mankato:

Phone: 507-625-3268

Duane Olenius
Matt Chmielewski
Marie Krause
Andrea Johnson
Alissa Brekke - NMLS #461401
Madelia:

Phone: 507-642-3251

Dennis Swenson
Steve Cooling
Christi Reed NMLS #798453
Lake Crystal Loan Production Office:

Phone: 507-726-6475

Jennifer Wiens NMLS #801416
Lewisville:

Phone: 507-435-2451

Jennifer Wiens - NMLS #801416