APY = Annual Percentage Yield. Rates effective as of May 22, 2023. Fees may reduce earnings.
Free Kasasa Cash* Learn More
| Tier | Interest Rate | APY |
|---|---|---|
| 0 - $25,000 | 1.50% | 1.51% |
| $25,000+ | 0.20% | 0.20% |
| Qualifications not met | 0.05% | 0.05% |
eStatements, via Online Banking, are required to open and maintain the account.
Qualifications
It's so easy to qualify, you're probably already doing it! Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash account during each Monthly Qualification Cycle:
- At least 1 direct deposit or ACH payment
- At least 12 debit card purchases
Even if you don't meet your qualifications during the cycle, your Kasasa Cash account is still free. Plus, you'll still earn our base interest rate. And you can get right back to earning your full rewards the very next month!
Free Kasasa Saver* Learn More
| Tier | Interest Rate | APY |
|---|---|---|
| 0 - $50,000 | 0.35% | 0.35% |
| $50,000+ | 0.20% | 0.20% |
| Qualifications not met | 0.05% | 0.05% |
eStatements, via Online Banking, are required to open and maintain the account.
Qualifications
Qualifying for Kasasa Cash or Kasasa Cash Back® rewards automatically qualifies you for the highest Kasasa Saver rate too. Simply do the following activities and transactions in your Kasasa Cash or Kasasa Cash Back account each monthly qualification cycle:
- At least 1 direct deposit or ACH payment
- At least 12 debit card purchases
Even if you don't meet your qualifications during the cycle, your Kasasa® accounts are still free. Plus, you'll still earn our base interest rate on Kasasa Saver. And you can get right back to earning your full rewards the very next month!
Certificates of Deposit (CDs) ($0 - $9,999.99 ***) Learn More
| Term | Interest Rate | APY |
|---|---|---|
| 3 Months | 0.31% | 0.31% |
| 6 Months | 4.17% | 4.24% |
| 9 Months | 4.17% | 4.24% |
| 12 Months | 3.98% | 4.04% |
| 15 Months | 3.88% | 3.94% |
| 18 Months | 3.79% | 3.84% |
| 19 Months | 3.79% | 3.84% |
| 24 Months | 1.63% | 1.64% |
| 30 Months | 1.73% | 1.74% |
| 36 Months | 1.93% | 1.94% |
| 42 Months | 1.93% | 1.94% |
| 48 Months | 1.93% | 1.94% |
| 60 Months | 1.93% | 1.94% |
Certificates of Deposit (CDs) ($10,000+ **) Learn More
SPECIAL CD RATES IN BOLD
| Term | Interest Rate | APY |
|---|---|---|
| 3 Months | 0.66% | 0.66% |
| 6 Months | 4.51% | 4.59% |
| 9 Months | 4.51% | 4.59% |
| 12 Months | 4.32% | 4.39% |
| 15 Months | 4.22% | 4.29% |
| 18 Months | 4.13% | 4.19% |
| 19 Months | 4.12% | 4.18% |
| 24 Months | 1.98% | 1.99% |
| 30 Months | 2.07% | 2.09% |
| 36 Months | 2.07% | 2.09% |
| 42 Months | 2.07% | 2.09% |
| 48 Months | 2.27% | 2.29% |
| 60 Months | 2.27% | 2.29% |
CD SPECIAL IN BOLD
Interest compounds semi-annually; automatically renews.
$1,000.00 Minimum Opening Balance on all CDs.
IRA rates are the same as rates paid on CDs over $10,000.00.
Substantial Penalty for Early Withdrawal.
ACCOUNTS INSURED BY THE FDIC.
Notice to Consumers: Contact bank employees for more information.
Statement Savings Learn More
| Interest Rate | APY | Compounded |
|---|---|---|
| 0.10% | 0.10% | Daily |
Initial minimum deposit required is $50.00
Club 50 Account Learn More
| Interest Rate | APY | Compounded |
|---|---|---|
| 0.10% | 0.10% | Monthly |
To qualify you must be 50 or over and have $5,000 in deposits. Initial minimum deposit required is $100.00
Legacy Money Market Learn More
| Balance | Interest Rate | APY |
|---|---|---|
| $9,999.99 OR LESS | 0.32% | 0.32% |
| $10,000 - $49,999.99 | 0.47% | 0.47% |
| $50,000 - $99,999.99 | 0.64% | 0.64% |
| $100,000 - $149,999.99 | 0.72% | 0.72% |
| $150,000 - $199,999.99 | 0.80% | 0.80% |
| $200,000 - $499,999.99 | 0.96% | 0.96% |
| $500,000 AND OVER | 1.12% | 1.13% |
Initial minimum deposit is $1,000.00
Executive Money Market Learn More
| Balance | Interest Rate | APY |
|---|---|---|
| $9,999.99 OR LESS | 0.32% | 0.32% |
| $10,000 - $49,999.99 | 0.47% | 0.47% |
| $50,000 - $99,999.99 | 0.64% | 0.64% |
| $100,000 - $149,999.99 | 0.72% | 0.72% |
| $150,000 - $199,999.99 | 0.80% | 0.80% |
| $200,000 - $499,999.99 | 0.96% | 0.96% |
| $500,000 AND OVER | 1.12% | 1.13% |
Initial minimum deposit is $1,000.00
Grandfathered Accounts Retail Rates
Applicable to individuals and consumers with accounts currently with Bank of Tescott before the transition to our new account base. These rates are not available for out-of-state and non-customer corporate requests.
Children Savings
| Interest Rate | APY | Compounded |
|---|---|---|
| 0.10% | 0.10% | Daily |
Minimum to avoid service charge is $5.00
NOW Checking
| Interest Rate | APY | Compounded |
|---|---|---|
| 0.10% | 0.10% | Monthly |
Minimum to avoid service charge is $500.00
Money Market Learn More
| Balance | Interest Rate | APY |
|---|---|---|
| $0 - $3,999.99 | 0.10% | 0.10% |
| $4,000+ | 0.17% | 0.17% |
Minimum to avoid Service Charge: $500.00
Rate information: Your interest rate and annual percentage yield may change.
Frequency of rate changes: We may change the interest rate on your account at any time.
Determination of rate: At our discretion, we may change the interest rate on your account.
Product offerings and features may differ among geographic locations, some restrictions may apply.
