Rates
Annual percentage yields ( APY ) are effective September 20th, 2023 to September 27th, 2023.
Compare Checking and Savings Account Rates
Minimum to Open Account | Minimum Balance To Earn APY | Interest Rate | Annual Percentage Yield (APY) | Compounding | |
---|---|---|---|---|---|
Interest Checking | $25 | $500 | .25% | .25% | Monthly |
Rewards Checking | $25 | Up to $500 $500 $2,500 $10,000 | .05% .10% .15% .25% | .05% .10% .15% .25% | Monthly |
Personal Savings Account | $25 | - | .35% | .35% | Daily |
Junior Savers | $1 | - | .35% | .35% | Daily |
Small Business Interest Checking | $100 | $500 $50,000 | .10% .25% | .10% .25% | Monthly |
Business Savings | $100 | - | .35% | .35% | Daily |
HSA Account | $50 | $500 $5,000 | .10% 1.10% | .10% 1.10% | Monthly |
- Fees on accounts could reduce earnings on the account.
- The Annual Percentage Yield (APY) assumes that interest will remain on deposit.
- If a withdrawal occurs, earnings will be reduced.
- The interest rate and annual percentage yield may change on the above accounts. We may change the rate on these accounts at our discretion at any time.
- Interest on small business checking accounts is limited to certain business entities.
Money Market Account Rates
Minimum to Open Account | Minimum Balance to Earn APY | Interest Rate | Annual Percentage Yield (APY) | Compounding | |
---|---|---|---|---|---|
Consumer | $25 | $1,000 $10,000 $25,000 $100,000 $500,000 | .50% 1.00% 1.40% 2.35% 2.75% | .50% 1.00% 1.40% 2.37% 2.78% | Monthly |
Business | $200 | $1,000 $10,000 $25,000 $100,000 $500,000 | .50% 1.00% 1.40% 2.35% 2.75% | .50% 1.00% 1.40% 2.37% 2.78% | Monthly |
- Fees on accounts could reduce earnings on the account.
- The Annual Percentage Yield (APY) assumes that interest will remain on deposit.
- If a withdrawal occurs, earnings will be reduced.
- The interest rate and annual percentage yield may change on the above accounts. We may change the rate on these accounts at our discretion at any time.
Certificates of Deposit
Minimum to Open Account | Minimum Balance To Earn APY | Interest Rate | Annual Percentage Yield (APY) | Compounding | |
---|---|---|---|---|---|
15-Month Term | $1,000 | $1,000 | 4.75% | 4.77% | Annual |
6-Month Term | $1,000 | $1,000 $10,000 $30,000 | 2.20% 2.30% 2.40% | 2.20% 2.30% 2.40% | Maturity |
12-Month Term | $1,000 | $1,000 $10,000 $30,000 | 2.40% 2.50% 2.60% | 2.40% 2.50% 2.60% | Annual |
18-Month Term | $1,000 | $1,000 $10,000 $30,000 | 2.55% 2.65% 2.75% | 2.57% 2.67% 2.77% | Semi-Annual |
24-Month Term | $1,000 | $1,000 $10,000 $30,000 | 2.65% 2.75% 2.85% | 2.65% 2.75% 2.85% | Annual |
36-Month Term | $1,000 | $1,000 $10,000 $30,000 | 2.75% 2.85% 2.95% | 2.75% 2.85% 2.95% | Annual |
60-Month Term | $1,000 | $1,000 $10,000 $30,000 | 2.80% 2.90% 3.00% | 2.80% 2.90% 3.00% | Annual |
18-Month Variable IRA | $25 | - | 2.60% | 2.62% | Semi-Annual |
Christmas Club Account Rates
Minimum To Open Account | Minimum Balance To Earn APY | Interest Rate | Annual Percentage Yield (APY) | Compounding | |
---|---|---|---|---|---|
Christmas Club | $5 | - | 0.35% | 0.35% | Daily |
- The Annual Percentage Yield (APY) assumes that interest will remain on deposit. If a withdrawal occurs, earnings will be reduced.
- The interest rate and annual percentage yield on the variable rate IRA may change. We may change the rate on these accounts at our discretion at any time.
- A penalty may be charged for early withdrawl on CDs, IRAs, and Christmas Clubs.
- Certificates of Deposit and IRAs automatically renew. Christmas Clubs do not renew.
- Interest credits on certificates are made according to the compounding interest listed.
- Interest credits on Christmas Clubs are made at maturity.
Call our Customer Service department in Rice Lake at 715-234-9181 or in Menomonie at 715-235-5511 for any questions regarding the current interest rates or additional deposit products.