Savings Account Rates

Effective: December 11, 2018

Minimum Opening Balance Interest Rate (1) Annual Percentage Yield (1) Minimum Daily Available Balance to Earn Interest Compounding and Crediting of Interest
High Yield Savings (Online only) $25,000 $0
$0 – $24,999.99 0.20% 0.20% Monthly
$25,000 – $99,999.99 0.35% 0.35% Monthly
$100,000 – $249,999.99 0.55% 0.55% Monthly
$250,000 – $499,999.99 0.65% 0.65% Monthly
$500,000+ plus 0.70% 0.70% Monthly
Premier Money Market Savings $10,000 $0
$0 – $9,999.99 0.10% 0.10% Monthly
$10,000 – $24,999.99 0.20% 0.20% Monthly
$25,000 – $49,999.99 0.25% 0.25% Monthly
$50,000 – $99,999.99 0.35% 0.35% Monthly
$100,000 – $249,999.99 0.45% 0.45% Monthly
$250,000 plus 0.50% 0.50% Monthly
Money Market Savings $1,000 $0
Under $1,000 0.05% 0.05% Monthly
$1,000 plus 0.10% 0.10% Monthly
Statement Savings $200 0.05% 0.05% $0 Quarterly
Kasasa Saver(2) $100 $0
$0 – $50,00.00 1.00% 1.02% Monthly
$50,000.01 Plus 0.20% 1.02% – 0.60% Monthly
All balances if qualifications are not met 0.01% 0.01% Monthly

(1) The interest rate and annual percentage yield(APY) may change weekly at Bank’s discretion. Interest will be compounded and paid monthly. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the available principal in the account each day. (2) Must be opened in conjuction with a Kasasa Cash or Kasasa Cash Back checking account. Qualifications for checking account must be met to receive higher interest rate. APY on tiers may vay based on balances maintained. If qualifications are not met, interest rate/yield will revert to .01% on all balances.