Deposit Rates

 

Deposit Rates

A savings program is an important part of any financial plan. To assist you in maximizing your savings goals, we offer a variety of FDIC-insured plans.

EFFECTIVE DATE: May 21, 2019 Quoted rates and products subject to change daily without notice. Contact us directly for the most current rates. 

Certificate of Deposit Accounts (CD)
ProductsMinimum Balance to OpenMinimum Balance to Earn InterestInterest RateAPY 0
6 Months $500.00 $500.00 0.10% 0.10%
9 Months $500.00 $500.00 0.10% 0.10%
12 Months $500.00 $500- $9,999.00 0.20% 0.20%
~ ~ $10,000- $24,999.00 0.25% 0.25%
~ ~ $25,000- $49,999.00 0.30% 0.30%
~ ~ $50,000.00 and over 0.35% 0.35%
18 Months $500.00 $500.00 0.75% 0.75%
30 Months $500.00 $500.00 0.45% 0.45%
36 Months $500.00 $500.00 1.15% 1.16%
48 Months $500.00 $500.00 1.35% 1.36%
60 Months $500.00 $500.00 2.00% 2.02%

  

Individual Retirement Accounts (IRA)
ProductsMinimum Balance to OpenMinimum Balance to Earn InterestInterest RateAPY 0
18 Months $50.00 $50.00 0.75% 0.75%
30 Months $100.00 $100.00 0.45% 0.45%
48 Months $100.00 $100.00 1.35% 1.36%
60 Months $100.00 $100.00 2.00% 2.02%

 

Savings Accounts
ProductsMinimum Balance to OpenMinimum Balance to Earn InterestInterest RateAPY 0
Statement Savings2 $100.00 $100.00 0.15%  0.15% 
Youth Savings2 $5.00 $5.00 0.10% 0.10%

 

Checking Accounts Earning Interest
ProductsMinimum Balance to OpenMinimum Balance to Earn InterestInterest RateAPY 0
Interest Checking2 $200.00 $1,000.00 0.05%  0.05% 
Interest Business Checking2 $100.00 $100- $999.00 0.00%  0.00% 
 ~ ~ $1,000- $4,999.00 0.05% 0.05%
 ~ ~ $5,000- 9,999.00 0.05% 0.05%
 ~ ~ $10,000- $14,999.00 0.05% 0.05%
 ~ ~ $15,000 and over 0.05% 0.05%
 Small Business Checking $100.00 N/A N/A

 

Health Savings Accounts (HSA)
 Products                      Minimum Balance to Open Minimum Balance to Earn Interest    Interest Rate       APY 0
 Health Savings2 $50.00 $1- $999.00 0.05% 0.05%
 ~ ~ $1,000- $4,999.00 0.05% 0.05%
 ~ ~ $5,000- $9,999.00 0.05% 0.05%
 ~ ~ $10,000- $14,999.00 0.10% 0.10%
 ~ ~ $15,000 and over 0.15% 0.15%

 

Money Market Accounts
ProductsMinimum Balance to OpenMinimum Balance to Earn InterestInterest RateAPY  0
Trade Wind Money Market2 $2,500.00 $0.01- $4,999.00 0.05%  0.05% 
 ~ ~ $5,000- $9,999.00  0.05% 0.05%
 ~ ~ $10,000- $24,999.00  0.05% 0.05%
 ~ ~ $25,000- $49,999.00  0.10% 0.10%
 ~ ~ $50,000- $74,999.00  0.15% 0.15%
 ~ ~ $75,000 and over  0.15% 0.15%
Navigator Money Market2 $1000.00 $0- $999.00  0.00%  0.00% 
 ~ ~ $1,000- $24,999.00  0.05% 0.05%
 ~ ~ $25,000- $99,999.00  0.10% 0.10%
 ~ ~ $100,000 and over  0.15% 0.15%
Premium Money Market 1,2,3 $25,000.00 $25,000 & Over 1.35% 1.36%

Fees may reduce earnings. 

Footnotes:

0Annual Percentage Yield- Quoted interest rates and products are subject to change daily without notice.

Must be opened with at least $25,000.00 in funds from outside Anchor Bank.

2 Rates may change after account opening.

3 An Anchor Bank checking other than Anchor Free or Basic Checking is required to open this account and maintain rate.

 

 

Early withdrawal from Certificates and IRAs may result in substantial penalty.

 

 

 

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