Bank Deposit Rates
Interest Checking, Money Market and Savings Accounts*
- Beyond electronic security measures, your CD deposits are also insured. Bank CD deposits are insured by the Federal Deposit Insurance Corporation (FDIC), and federal credit union CDs are insured by the National Credit Union Administration (NCUA). The FDIC insures bank deposits.
- Relationship Pricing Increase are included in above rates. 12-29 months have a 0.10% APY increase, 30-47 months have a 0.15% APY increase, and 48-60 months have a 0.20% APY increase.
Rates effective November 1, 2020
Bank Deposit Rates In Usa
Savings account and retail deposit rate. Bulk deposit rate – rates for = 2 crores (w.e.f. ) fcnr rates above 5 million. Bank offers a variety of terms for its certificates of deposit; however, the bank’s rates are lackluster by and large. The bank offers standard CDs with terms ranging from one month to 60.
All rates subject to change without notice.
Interest is compounded monthly.
| Account | Minimum Daily Balance Required to Earn APY | Annual Percentage Yield (APY) | Interest Rate |
Prestige Checking ($100 minimum to open) | $1,000 | 0.05% | 0.05% |
Prestige Money Market ($1,000 minimum to open) | $1,000 $25,000 $50,000 $100,000 $250,000 | 0.05% 0.05% 0.05% 0.05% 0.05% | 0.05% 0.05% 0.05% 0.05% 0.05% |
Premier Money Market ($1,000 minimum to open) | $1,000 $25,000 $50,000 $100,000 $250,000 | 0.01% 0.01% 0.01% 0.05% 0.05% | 0.01% 0.01% 0.01% 0.05% 0.05% |
Savings ($100 minimum to open) Personal | $0 | 0.01% | 0.01% |
Fees could reduce earnings on these accounts. *The rate may change after the account is opened.
Certificates of Deposit
Including Individual Retirement Accounts (IRA)
| Account Term | Minimum Daily Balance Required to Earn APY | Annual Percentage Yield (APY) | Interest Rate | Prestige Annual Percentage Yield (APY)*** | Prestige Interest Rate*** |
| 6 Months | $500 | 0.10% | 0.10% | 0.15% | 0.15% |
| 1 Year | $500 | 0.15% | 0.15% | 0.20% | 0.20% |
| 2 Years | $500 | 0.20% | 0.20% | 0.25% | 0.25% |
| 3 Years | $500 | 0.25% | 0.25% | 0.30% | 0.30% |
| 4 Years | $500 | 0.30% | 0.30% | 0.35% | 0.35% |
| 5 Years | $500 | 0.35% | 0.35% | 0.40% | 0.40% |
Early withdrawal penalties may be imposed. Fees may reduce earnings on IRA Certificate of Deposits. ***Prestige Annual Percent Yields and Interest Rates apply to Certificates of Deposit if account owner is also a Prestige Checking Account Holder.
Bank Deposit Rates Comparison All Bank
Variable Rate IRA
| Account | Account Term | Minimum Daily Balance Required to Earn APY | Annual Percentage Yield (APY) | Interest Rate |
| Variable Rate IRA | N/A | $100 | 0.03% | 0.03% |
The rate may change after the account is opened. Fees may reduce earnings on these accounts.
Member FDIC