Rates

APY* = Annual Percentage Yield

Rates effective as of 06/17/2013.

Fees may reduce earnings.

Kasasa Cash*

BalanceInterest RateAPY*Minimum Deposit to Open
$0 - $15,0001.50%1.51%$1
$15,000+0.25%1.51 - 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.


*APY=Annual Percentage Yield. APYs accurate as of 09/04/2013. Rates may change after account is opened. Minimum to open is $1. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 ($4.99 per single transaction) and credited to account on the last day of monthly statement cycle; (2) balances up to $15,000 receive APY of 1.51%; and (3) balances over $15,000 earn 0.25% interest rate on portion of balance over $15,000, resulting in 1.51% - 0.25% APY depending on the balance. If qualifications are not met, all balances earn 0.05% APY. If qualifications are met each monthly qualification cycle the interest rate tiers are as follows: 1.50% interest rate applies to balances of $0.01 - $15,000 and .25% interest rate applies to balances over $15,000. If qualifications are not met each monthly qualification cycle a 0.05% interest rate applies to all balances. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM-processed transactions do not count towards qualifying debit card transactions. Transfers between multiple accounts do not count as qualifying transactions. Debit card transactions processed by merchants and received by the bank as ATM transactions do not count towards qualifying debit card transactions. 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 day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Direct deposit required to have this account. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.


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.
  • 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
$0 - $25,0000.75%0.75%$50
$25,000+0.25%0.75% – 0.25%$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.


*APY=Annual Percentage Yield. APYs accurate as of 06/17/2013. Rates may change after account is opened. Minimum to open is $1 for Kasasa Cash and $50 for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 ($4.99 per single transaction) and credited to account on the last day of monthly statement cycle; (2) balances up to $15,000 receive APY of 1.51%; and (3) balances over $15,000 earn 0.25% interest rate on the portion of the balance over $15,000, resulting in 1.51% - 0.25% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.05% APY. If qualifications are met each monthly qualification cycle the Kasasa Cash interest rate tiers are as follows: 1.50% interest rate applies to balances of $0.01 - $15,000 and .25% interest rate applies to balances over $15,000. If qualifications are not met each monthly qualification cycle a 0.05% interest rate applies to all balances. Qualifying transactions must post to and settle Kasasa Cash account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions do not count towards qualifying debit card transactions. Transfers between multiple accounts do not count as qualifying transactions. Debit card transactions processed by merchants and received by the bank as ATM transactions do not count towards qualifying debit card transactions. 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 day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. The advertised Kasasa Cash APY is based on compounding interest. Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual interest amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. If qualifications in Kasasa Cash are met each monthly qualification cycle: (1) balances up to $25,000 in Kasasa Saver receive an APY of 0.75%; and (2) balances over $25,000 in Kasasa Saver earn 0.25% interest rate on portion of balance over $25,000, resulting in 0.75 - 0.25% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. If qualifications are met each monthly qualification cycle the Kasasa Saver interest rate tiers are as follows: 0.75% interest rate applies to balances of $0.01 - $25,000 and 0.25% interest rate applies to balances over $25,000. If qualifications are not met each monthly qualification cycle a 0.05% interest rate applies to all balances. Direct deposit required to have this account. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.


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.
  • 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

If you don't meet the qualifications in a given qualification cycle, don't worry. There is no penalty, and you still have a free checking account. Plus, you can earn the rewards back the very next month!

*Minimum to open is $1. When monthly qualifications are met, you receive 4% cash back on debit card purchases that post to and settle account during monthly qualification cycle up to a total cash back of $8 per monthly qualification cycle. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions do not count towards qualifying debit card transactions. Transfers between multiple accounts do not count as qualifying transactions. Debit card transactions processed by merchants and received by the bank as ATM transactions do not count towards qualifying debit card transactions. 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 day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 ($4.99 per single transaction) if qualifications are met within monthly qualification cycle. Direct deposit required to have this account. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.


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.
  • 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.


*The minimum to open account is $1. You will be refunded up to $10 for iTunes® and/or Amazon.com® purchases that post to and settle account during the first 60 days after you open account. Refunds will be credited to account on the last day of statement cycle in which refundable purchases were made. In addition, each qualification cycle, earn up to $5 in refunds of iTunes and/or Amazon.com purchases if qualifications are met during previous monthly qualification cycle. Purchases must be made with debit card associated with your Kasasa Tunes account. Qualifying transactions must post to and settle the account during monthly qualification cycle. Transactions may take one or more banking days from date transaction was made to post to and settle account. ATM-processed transactions do not count towards qualifying debit card transactions. Transfers between multiple accounts do not count as qualifying transactions. Debit card transactions processed by merchants and received by the bank as ATM transactions do not count towards qualifying debit card transactions. 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 day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 ($4.99 per single transaction) if qualifications are met within monthly qualification cycle. iTunes is a registered trademark of Apple, Inc. and Amazon.com is a registered trademark of Amazon Inc. Apple Inc. and Amazon Inc. are not participants in or sponsors of this program. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.


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.
  • 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 Giving*

BalanceInterest RateAPY*
$0 - $10,0002.48%2.51%
$10,000+0.50%2.51 - 0.50 %
All balances if qualifications not met0.05%0.05%

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

  • Have at least 15 debit card purchases post and settle
  • Be enrolled and receive eStatement notice
  • Must have direct deposit

If you don't meet the qualifications in a given qualification cycle, don't worry. There is no penalty, and you still have a free checking account. Plus, you can earn the rewards back the very next month!


*APY=Annual Percentage Yield. APYs are accurate as of 06/17/2013. Rates may change after account is opened. Minimum to open account is $1. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 ($4.99 per single transaction) and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000 receive APY of 2.51%; (3) balances over $10,000 earn 0.50% interest rate on portion of balance over $10,000, resulting in 2.51% - 0.50% APY depending on balance in account; and (4) charitable contributions equal to $0.05 will be made to select charities on all debit card purchases over $10.00 that post to and settle account during monthly qualification cycle. If qualifications are not met, all balances earn 0.05% APY. 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 0.50% 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. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions do not count towards qualifying debit card transactions. Transfers between multiple accounts do not count as qualifying transactions. Debit card transactions processed by merchants and received by the bank as ATM transactions do not count towards qualifying debit card transactions. 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 day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. A one-time charitable contribution equal to $20.00 will be made to a select charity with each Kasasa Giving account opened by a new customer. Direct deposit required to have this account. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.


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.
  • 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 Opening DepositInterest RateAPY*
Simple Checking$1000%0%
Business Checking

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

$1000%0%
Interest Checking$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.
  • 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$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

0.25%10.25%1
$100,000.01 - $250,000

3.50% Under Prime

0.50%10.50%1
$250,000.01+

3.50% Under Prime

1.00%11.00%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.
  • 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

Elmore:

Phone: 507-943-3131
or 888-269-2265

Barb Hofbauer
Mapleton:

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

Galen Reding
Marvin Kimm
Geralyn Van Rossum
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 Allen
Andrea Johnson
Alissa Brekke - NMLS #461401
Madelia:

Phone: 507-642-3251

Dennis Swenson
Steve Cooling NMLS #798417
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