Rates
This rate chart contains information about interest rates and annual percentage yields for some of the accounts we offer.
Interest rates and annual percentage yields are current as of February 6, 2012. For current rate information call 618-357-5373 or 618-687-2265 (687-BANK).
Deposit Rates
| Account Product Name | Minimum Opening Deposit | Minimum Balance to Obtain APY* | Interest Rate | APY* |
|---|---|---|---|---|
| Kasasa Cashb Portion of your daily balance: | $100.00 | |||
| Up to $10,000.00 | 2.23%d | 2.25%d | ||
| $10,000.01 and up | 0.50%d | 2.25–0.50%d | ||
| Kasasa Saverb Portion of your daily balance: | $50.00 | |||
| Up to $50,000.00 | 1.00%d | 1.00%d | ||
| $50,000.01 and up | 0.50%d | 1.00–0.50%d | ||
| Now Accountb | $1,000 | $500c | 0.10% | 0.10% |
| Senior Gold Checking Accountb | $100.00 | $1000.00c | 0.50% | 0.50% |
| Money Market Deposit Account (Tiered)b Daily balances of: | $2,500.00 | $1,500.00c | ||
| $1,500.00-9,999.99 | 0.10% | 0.10% | ||
| $10,000.00-24,999.99 | 0.20% | 0.20% | ||
| $25,000.00 and up | 0.30% | 0.30% |
Savings Rates
| Account Product Name | Minimum Opening Deposit | Minimum Balance to Obtain APY* | Interest Rate | APY* |
|---|---|---|---|---|
| Passbook Savingsb | $50.00 | $50.00c | 0.25% | 0.25% |
| Statement Savingsb | $50.00 | $50.00c | 0.25% | 0.25% |
| Personal IRAa, b | $250.00 | $50.00c | 0.80% | 0.80% |
| Roth IRAa | $250.00 | $250.00c | 0.80% | 0.80% |
Certificate of Deposit
| Account Product Name | Minimum Opening Deposit | Minimum Balance to Obtain APY* | Interest Rate | APY* |
|---|---|---|---|---|
| Christmas Certificate of Deposita | $5.00 | $5.00c | 0.25% | 0.25% |
| 3 Month Certificate of Deposita | $1,000.00 | $1,000.00c | 0.20% | 0.20% |
| 6 Month Certificate of Deposita | $1,000.00 | $1,000.00c | 0.25% | 0.25% |
| 12 Month Certificate of Deposita | $1,000.00 | $1,000.00c | 0.40% | 0.40% |
| 18 Month Certificate of Deposita | $1,000.00 | $1,000.00c | 0.50% | 0.50% |
| 24 Month Certificate of Deposita | $1,000.00 | $1,000.00c | 0.70% | 0.70% |
| 30 Month Certificate of Deposita | $1,000.00 | $1,000.00c | 0.80% | 0.80% |
| 36 Month Certificate of Deposita | $1,000.00 | $1,000.00c | 1.30% | 1.30% |
| 48 Month Certificate of Deposita | $1,000.00 | $1,000.00c | 1.49% | 1.50% |
| 60 Month Certificate of Deposita | $1,000.00 | $1,000.00c | 1.79% | 1.80% |
a) A penalty may be imposed for early withdrawal.
b) The interest rate and annual percentage yield may change after account opening.
c) Daily balance. The amount of the principal in the account each day.
d) 0.05% if qualifications aren't met.
* Annual Percentage Yield
Fees could reduce the earnings on the account.
The Annual Percentage Yield (APY) disclosed on the Kasasa Cash account assumes that interest earned in Kasasa Cash compounds. However, by choosing to have Kasasa Saver linked to Kasasa Cash, the account holder should be aware that the interest earned in the Kasasa Cash account is automatically transferred into the Kasasa Saver account the next business day after the end of the statement cycle and therefore does not remain in the Kasasa Cash account and does not compound. Additionally, the interest amount earned in the Kasasa Saver account may be less than the interest amount earned in the Kasasa Cash account.
