Checking & Savings

  Now Checking Regular Savings 1 MDMA Savings 2
Minimum Deposit to Open None None None
Minimum Balance to Obtain APY $500 $50 $2,500
Annual Percentage Yield (APY) 0.05% 0.15% 0.15%
Interest Rate 0.05% 0.15% 0.15%
Compound & Credit Frequency Monthly Quarterly Monthly
1 Quarterly unless there are electronic funds transfers, then monthly. 2 Tiered Rate Account - Contact Customer Rep for Details

IRA Certificates

  IRA Variable IRA 24 Month IRA 60 Month
Minimum Deposit to Open $100 $500 $500
Minimum Balance to Obtain APY $100 $500 $500
Annual Percentage Yield (APY) 0.50% 1.20% 2.10%
Interest Rate 0.50% 1.20% 2.10%
Compound & Credit Frequency Monthly Annually Annually
Penalty Special Special Special

Certificates of Deposit

6 Month

  $1000 $10,000 $25,000 $50,000
Minimum Deposit to Open $1000 $10,000 $25,000 $50,000
Minimum Balance to Obtain APY $1000 $10,000 $25,000 $50,000
Annual Percentage Yield (APY) 0.50% 0.55% 0.60% 0.70%
Interest Rate 0.50% 0.55% 0.60% 0.70%
Compound & Credit Frequency N/A N/A N/A N/A
Penalty 3 Months 3 Months 3 Months 3 Months

12 Month

  $1000 $10,000 $25,000 $50,000
Minimum Deposit to Open $1000 $10,000 $25,000 $50,000
Minimum Balance to Obtain APY $1000 $10,000 $25,000 $50,000
Annual Percentage Yield (APY) 0.70% 0.75% 0.80% 0.90%
Interest Rate 0.70% 0.75% 0.80% 0.90%
Compound & Credit Frequency Annually Annually Annually Annually
Penalty 3 Months 3 Months 3 Months 3 Months

24 Month

  $1000 $10,000 $25,000 $50,000
Minimum Deposit to Open $1000 $10,000 $25,000 $50,000
Minimum Balance to Obtain APY $1000 $10,000 $25,000 $50,000
Annual Percentage Yield (APY) 0.90% 1.00% 1.10% 1.21%
Interest Rate 0.90% 1.00% 1.10% 1.20%
Compound & Credit Frequency Quarterly Quarterly Quarterly Quarterly
Penalty 6 months 6 months 6 months 6 months

30 Month

  $1000 $25,000 $50,000
Minimum Deposit to Open $1000 $25,000 $50,000
Minimum Balance to Obtain APY $1000 $25,000 $50,000
Annual Percentage Yield (APY) 1.31% 1.41% 1.51%
Interest Rate 1.30% 1.40% 1.50%
Compound & Credit Frequency Quarterly Quarterly Quarterly
Penalty 6 months 6 months 6 months

36 Month

  $1000 $25,000 $50,000
Minimum Deposit to Open $1000 $25,000 $50,000
Minimum Balance to Obtain APY $1000 $25,000 $50,000
Annual Percentage Yield (APY) 1.51% 1.61% 1.71%
Interest Rate 1.50% 1.60% 1.70%
Compound & Credit Frequency Quarterly Quarterly Quarterly
Penalty 6 months 6 months 6 months

60 Month

  $1000 $25,000 $50,000
Minimum Deposit to Open $1000 $25,000 $50,000
Minimum Balance to Obtain APY $1000 $25,000 $50,000
Annual Percentage Yield (APY) 1.91% 2.07% 2.12%
Interest Rate 1.90% 2.05% 2.10%
Compound & Credit Frequency Quarterly Quarterly Quarterly
Penalty 6 months 6 months 6 months
FEES AND PENALTIES COULD REDUCE EARNINGS AND ANNUAL PERCENTAGE YIELD.

For further information regarding fees & terms applicable to the account, please contact a customer representative at First State Bank of Wabasha.