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 | 0.05% | 0.05% |
| Advantage Checking ($50 to open) |
$0.00 | 0.05% |
0.05% |
|
Platinum Checking
Tier #1
($0.00 - $1,499.99)
($50 to open)
|
$0.00 | 0.05% | 0.05% |
|
Platinum Checking
Tier #2
($1,500 & above) ($50 to open) |
$1,500 | 0.075% |
0.08% |
| Veteran Checking ($25 to open) |
$0.00 | 0.10% | 0.10% |
| Health Savings Account* ($50 to Open) |
$0.00 | 0.05% | 0.05% |
Savings Accounts
| Description | Minimum Balance for Interest Rate | Interest Rate | Annual Percentage Yield (APY) Monthly Compounding |
|---|---|---|---|
| Statement Savings ($100 to Open) |
$0.00 | 0.075% | 0.07% |
| Christmas Club ($5 to Open)*** | $0.00 | 0.075% | 0.07% |
| Money Market Demand Account Tier #2 ($2,500 to open) ($0 to 24,999.99) |
$0.00 | 0.125% | 0.13% |
| Money Market Demand Account Tier #1 ($25,000 & above) |
$25,000.00 | 0.25% | 0.25% |
Certificate of Deposit**
Certificates of Deposit (CDs), unlike traditional savings accounts, are a great way to earn interest on money you plan on keeping tucked away. They are risk-free insured timed deposit accounts where, at maturity, you earn interest accrued.
We offer a variety of competitive CDs based on your choice of terms. Contact a Customer Service Representative for your customized rates and terms.
*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.