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Current Rates |
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Bank of Zumbrota offers
competitive interest rates on deposit and loan products.
Our current deposit rates with the corresponding Annual Percentage
Yields (APYs) are listed below.
Please contact us for current loan rates.
Deposit Rates - Effective 04/01/08
APY= Annual Percentage Yield |
Rates may change without notice
Rates based on daily collected balance |
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Current
Rates |
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Interest Checking
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| APY |
Interest Rate |
Compound |
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| .30% |
.30% |
monthly |
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| Balance > zero is required to earn the APY |
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| Fees may reduce earnings |
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Regular Savings
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| APY |
Interest Rate |
Compound |
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| .60% |
.60% |
monthly |
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| Balance > zero is required to earn the APY |
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Christmas Club
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| APY |
Interest Rate |
Compound |
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| 4.00% |
4.00% |
annually |
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| Balance > zero is required to earn the APY |
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| Fees may reduce earnings |
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Tiered Savings
Minimum balance required to earn the APY in each tier
below is the lowest value indicated on the tier.
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| Balance |
APY |
Interest Rate |
Compound |
| Less Than 2,500.00 |
.60% |
.60% |
monthly |
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| 2,500.00 to 9,999.99 |
.75% |
.75% |
monthly |
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| 10,000.00 to 24,999.99 |
1.00% |
1.00% |
monthly |
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| 25,000.00 to 49,999.99 |
1.51% |
1.50% |
monthly |
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| 50,000.00 to 99,999.99 |
1.76% |
1.75% |
monthly |
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| 100,000.00 to 199,999.99 |
2.02% |
2.00% |
monthly |
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| 200,000.00 to 299,999.99 |
2.27% |
2.25% |
monthly |
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| 300,000.00 and over |
2.53% |
2.50% |
monthly |
Young Savers Certificates
Minimum balance to open and earn the following APY is $300.00
Compound Quarterly - Penalty for early withdrawal
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| Balance =/> $300.00 |
Term |
APY |
Rate |
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1 Year |
2.73% |
2.70% |
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2 Year |
2.83% |
2.80% |
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3 Year |
2.88% |
2.85% |
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4 Year |
2.93% |
2.90% |
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5 Year |
3.04% |
3.00% |
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Regular and Roth IRA Rates |
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Compound Quarterly - Penalty for early withdrawal - Fees may reduce earnings
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Balance
< 49,999.99 |
Term |
APY |
Rate |
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Minimum balance to open and earn the following APYs is $500.00 |
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1 Year |
2.73% |
2.70% |
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2 Year |
2.83% |
2.80% |
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3 Year |
2.88% |
2.85% |
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4 Year |
2.93% |
2.90% |
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5 Year |
3.04% |
3.00% |
Balance
=/> 50,000.00 |
Term |
APY |
Rate |
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Minimum balance to open and earn the following APYs is $50,000.00 |
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1 Year |
2.98% |
2.95% |
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2 Year |
3.09% |
3.05% |
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3 Year |
3.14% |
3.10% |
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4 Year |
3.19% |
3.15% |
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5 Year |
3.29% |
3.25% |
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Certificates of Deposit |
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Compound Quarterly - Penalty for early withdrawal
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Balance
< 24,999.99 |
Term |
APY |
Rate |
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Minimum balance to open and earn the following APYs is $500.00 |
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91 Day |
2.17% |
2.15% |
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182 Day |
2.68% |
2.65% |
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1 Year |
2.73% |
2.70% |
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2 Year |
2.83% |
2.80% |
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3 Year |
2.88% |
2.85% |
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4 Year |
2.93% |
2.90% |
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5 Year |
3.04% |
3.00% |
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2 Year Inflate Your Rate |
2.73% |
2.70% |
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3 Year Triple Play |
2.68% |
2.65% |
Balance
=/> 25,000.00 |
Term |
APY |
Rate |
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Minimum balance to open and earn the following APYs is $25,000.00 |
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91 Day |
2.42% |
2.40% |
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182 Day |
2.93% |
2.90% |
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1 Year |
2.98% |
2.95% |
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2 Year |
3.09% |
3.05% |
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3 Year |
3.14% |
3.10% |
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4 Year |
3.19% |
3.15% |
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5 Year |
3.29% |
3.25% |
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2 Year Inflate Your Rate |
2.98% |
2.95% |
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3 Year Triple Play |
2.93% |
2.90% |
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© Copyright Bank of Zumbrota 2000.