Rates

APY = Annual Percentage Yield.
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 March 6, 2013. For current rate information call 618-357-5373 or 618-687-2265 (687-BANK).

Deposit Rates

Account Product NameMinimum Opening DepositMinimum Balance to Obtain APYInterest RateAPY
Kasasa Cash*b

Portion of your daily balance:

$100.00   
Up to $10,000.00  1.00%1.00%
$10,000.01 and up  0.25%1.00% to 0.25%
Non-qualifyingd  0.05%0.05%d
Kasasa Saver*b

Portion of your daily balance:

$50.00   
Up to $50,000.00  0.50%0.50%
$50,000.01 and up  0.25%0.50% to 0.25%
Non-qualifyingd  0.05%0.05%d
Now Accountb$1,000.00$500.00c0.05%0.05%
Senior Gold Checking Accountb$100.00$1000.00c0.35%0.35%
Money Market Deposit Account (Tiered)b

Daily balances of:

$2,500.00$1,500.00c  
$1,500.00-9,999.99  0.05%0.05%
$10,000.00-24,999.99  0.15%0.15%
$25,000.00 and up  0.20%0.20%

Qualifications:

To get the Kasasa rewards each monthly qualification cycle, just do the following simple activities:

  • Have at least 12 debit card purchases post and clear
  • Have one automatic payment (ACH) or direct deposit post and clear
  • Be enrolled and receive eStatement notice
  • Access Online Banking

Savings Rates

Account Product NameMinimum Opening DepositMinimum Balance to Obtain APY*Interest RateAPY
Passbook Savingsb

Bank-At-School Accounts Only - Upon the owner of account’s completion of the Eighth (8th) Grade, the account will no longer be eligible to participate in the Murphy-Wall Bank At School Program and the Bank At School Savings Account transfers to a Statement Savings Account. Please refer to the terms and conditions of the Statement Savings Account

$1.00$1.00c0.25%0.25%
Statement Savingsb$50.00$50.00c0.15%0.15%
Personal IRAa, b$250.00$50.00c0.25%0.25%
Roth IRAa$250.00$250.00c0.25%0.25%
Christmas Cluba

(with Withdrawal Feature)

$5.00$5.00c0.15%0.15%

Qualifications:

To get the Kasasa rewards each monthly qualification cycle, just do the following simple activities:

  • Have at least 12 debit card purchases post and clear
  • Have one automatic payment (ACH) or direct deposit post and clear
  • Be enrolled and receive eStatement notice
  • Access Online Banking

Certificate of Deposit

Account Product NameMinimum Opening DepositMinimum Balance to Obtain APYInterest RateAPY
3 Month Certificate of Deposita$1,000.00$1,000.00c 0.10%0.10%
6 Month Certificate of Deposita$1,000.00$1,000.00c0.15%0.15%
12 Month Certificate of Deposita$1,000.00$1,000.00c0.20%0.20%
18 Month Certificate of Deposita$1,000.00$1,000.00c0.25%0.25%
24 Month Certificate of Deposita$1,000.00$1,000.00c0.40%0.40%
30 Month Certificate of Deposita$1,000.00$1,000.00c0.45%0.45%
36 Month Certificate of Deposita$1,000.00$1,000.00c0.60%0.60%
48 Month Certificate of Deposita$1,000.00$1,000.00c0.85%0.85%
60 Month Certificate of Deposita$1,000.00$1,000.00c1.00%1.00%

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) APY if qualifications aren't met.


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.