Rates
Deposit Products as of
Checking Accounts - Interest Bearing*
| Description | Minimum Balance for Interest Rate | Interest Rate | Annual Percentage Yield (APY) Monthly Compounding |
|---|---|---|---|
| Business Interest Checking ($50 to Open) |
$0.00 | 0.05% | 0.05% |
| Legacy Checking ($50 to open) |
$0.00 | 0.10% | 0.10% |
| Advantage Checking ($50 to open) |
$0.00 | 0.10% |
0.10% |
|
Platinum Checking
Tier #1
($0.00 - $1,499.99)
($50 to open)
|
$0.00 | 0.10% | 0.10% |
|
Platinum Checking
Tier #2
($1,500 & above) ($50 to open) |
$1,500 | 0.15% |
0.15% |
| Health Savings Account* ($50 to Open) |
$0.00 | 0.80% | 0.80% |
Savings Accounts
| Description | Minimum Balance for Interest Rate | Interest Rate | Annual Percentage Yield (APY) Monthly Compounding |
|---|---|---|---|
| Statement Savings ($100 to Open) |
$0.00 | 0.25% | 0.25% |
| Christmas Club ($5 to Open)*** | $0.00 | 0.250% | 0.25% |
| Money Market Demand Account Tier #2 ($2,500 to open) ($0 to 24,999.99) |
$0.00 | 1.34% | 1.35% |
| Money Market Demand Account Tier #1 ($25,000 & above) |
$25,000.00 | 1.49% | 1.50% |
Certificate of Deposit**
| Description | Minimum Balance for Interest Rate | Interest Rate | Annual Percentage Yield (APY) Monthly Compounding |
|---|---|---|---|
| C.D. 1 Month | $1,000.00 | 0.30% | 0.30% |
| C.D. 3 Months | $1,000.00 | 0.35% | 0.35% |
| C.D. 6 Months | $1,000.00 | 0.70% | 0.70% |
| C.D. 9 Months | $1,000.00 | 0.75% | 0.75% |
| C.D. 12 Months | $1,000.00 | 1.85% | 1.86% |
| C.D. 18 Months | $1,000.00 | 1.88% | 1.89% |
| C.D. 24 Months | $1,000.00 | 1.89% | 1.90% |
| C.D. 30 Months | $1,000.00 | 1.88% | 1.89% |
| C.D. 36 Months | $1,000.00 | 1.93% | 1.94% |
| C.D. 42 Months | $1,000.00 | 1.44% | 1.45% |
| C.D. 60 Months | $1,000.00 | 1.99% | 2.00% |
Individual retirement accounts**
| Description | Minimum Balance for Interest Rate | Interest Rate | Annual Percentage Yield (APY) Monthly Compounding |
|---|---|---|---|
| IRA 6 Months | $1,000.00 | 0.70% | 0.70% |
| IRA 12 Months | $1,000.00 | 1.85% | 1.86% |
| IRA 18 Months | $1,000.00 | 1.88% | 1.89% |
| IRA 24 Months | $1,000.00 | 1.89% | 1.90% |
| IRA 36 Months | $1,000.00 | 1.93% | 1.94% |
| IRA 48 Months | $1,000.00 | 1.98% | 1.99% |
| IRA 60 Months | $1,000.00 | 1.99% | 2.00% |
*Terms and Conditions
- Rates subject to change without notice.
- Account fees may reduce the earnings on the account.
- For Interest Bearing Checking, Savings, and Christmas Club accounts, we use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the balance in the account each day.
- **The daily balance method is also used to calculate interest on Certificates of Deposit (CDs) and Individual Retirement
- Accounts (IRAs). This method applies a daily periodic rate to the principal in your account each day.
- The interest rate and Annual Percentage Yield may change after the account is opened.
- If the interest-bearing account is closed before the interest is credited, you will NOT receive the accrued interest.
- The interest rate and Annual Percentage Yield are accurate as of 5/2/2018.
- Fees may reduce earnings on the account.
- Annual Percentage Yield (APY):
- **Certificates of Deposit and Individual Retirement Accounts - the APY assumes quarterly compounding with funds remaining on deposit for a full year. Interest is credited quarterly.
- Interest-Bearing Checking, Savings and Christmas Club Accounts - the interest is compounded and credited monthly.
- **Certificates of Deposit and Individual Retirement Accounts - the APY assumes quarterly compounding with funds remaining on deposit for a full year. Interest is credited quarterly.
- **A penalty may be imposed for early withdrawal.
- ***We will withdraw the balance of your account plus accrued interest and disburse back to the account owners by AFT into the designated First State Bank & Trust account at maturity.
Please see a Customer Service Representative for additional disclosure information.
If you need information regarding Public Funds, feel free to give us a call at 800-877-3728.