Rates
Annual percentage yields ( APY ) are effective March 15th, 2023 to March 28th, 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 | .15% | .15% | Monthly |
| Rewards Checking | $25 | Up to $500 $500 $2,500 $10,000 | .05% .10% .15% .20% | .05% .10% .15% .20% | Monthly |
| Personal Savings Account | $25 | - | .25% | .25% | Daily |
| Junior Savers | $1 | - | .25% | .25% | Daily |
| Small Business Interest Checking | $100 | $500 $50,000 | .10% .25% | .10% .25% | Monthly |
| Business Savings | $100 | - | .25% | .25% | Daily |
| HSA Account | $50 | $500 $5,000 | .10% .85% | .10% .85% | 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 | .40% .75% 1.10% 2.00% | .40% .75% 1.11% 2.02% | Monthly |
| Business | $200 | $1,000 $10,000 $25,000 $100,000 | .40% .75% 1.10% 2.00% | .40% .75% 1.11% 2.02% | 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 | 4.00% | 4.01% | Annual |
| 6-Month Term | $1,000 | $1,000 $10,000 $30,000 | 1.80% 1.90% 2.00% | 1.80% 1.90% 2.00% | Maturity |
| 12-Month Term | $1,000 | $1,000 $10,000 $30,000 | 2.00% 2.10% 2.20% | 2.00% 2.10% 2.20% | Annual |
| 18-Month Term | $1,000 | $1,000 $10,000 $30,000 | 2.20% 2.30% 2.40% | 2.21% 2.31% 2.41% | Semi-Annual |
| 24-Month Term | $1,000 | $1,000 $10,000 $30,000 | 2.30% 2.40% 2.50% | 2.30% 2.40% 2.50% | Annual |
| 36-Month Term | $1,000 | $1,000 $10,000 $30,000 | 2.45% 2.55% 2.65% | 2.45% 2.55% 2.65% | Annual |
| 60-Month Term | $1,000 | $1,000 $10,000 $30,000 | 2.50% 2.60% 2.70% | 2.50% 2.60% 2.70% | Annual |
| 18-Month Variable IRA | $1,000 | - | 2.20% | 2.21% | 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.