Attention: Be aware of many scams through emails and text messages claiming to be from Flanagan State Bank. If you receive anything claiming to be from Flanagan State Bank, do not click any links. You can find more information about various types of fraud and ways to protect your accounts here. Fraud and Scam Awareness Flanagan State Bank. Contact your local branch with any questions.
Rates effective as of 07/18/2024.
*APY = Annual Percentage Yield
**Interest rate is variable and may change after the account is opened.
See account disclosures for additional account information.
PLEASE NOTE: APY assumes interest remains on deposit. A withdrawal or fees could reduce earnings. A penalty will be imposed for early withdrawal. Rate changes are made at the Bank’s discretion. Rates are subject to change without notice.
| Term | Minimum Deposit to Open & Obtain APY* | Interest Rate | APY* | Interest Frequency | Early Withdrawal Penalty |
|---|---|---|---|---|---|
Term 6 Month | Minimum Deposit to Open & Obtain APY* $10,000.00 | Interest Rate 4.33% | APY* 4.40% | Interest Frequency 3 Months | Early Withdrawal Penalty
91 Days
|
| Term | Minimum Deposit to Open & Obtain APY* | Interest Rate | APY* | Interest Frequency | Early Withdrawal Penalty |
|---|---|---|---|---|---|
Term 6 Month | Minimum Deposit to Open & Obtain APY* $50,000.00 | Interest Rate 4.09% | APY* 4.15% | Interest Frequency 3 Months | Early Withdrawal Penalty
91 Days
|
Term 6 Month | Minimum Deposit to Open & Obtain APY* $100,000.00 | Interest Rate 4.19% | APY* 4.26% | Interest Frequency 3 Months | Early Withdrawal Penalty
91 Days
|
Term 6 Month | Minimum Deposit to Open & Obtain APY* $250,000.00 | Interest Rate 4.33% | APY* 4.40% | Interest Frequency 3 Months | Early Withdrawal Penalty
91 Days
|
| Minimum Deposit to Open | Variable Interest Rate | APY* | |
|---|---|---|---|
Balances up to $10,000.00 (when qualifications are met) | Minimum Deposit to Open $50 | Variable Interest Rate 1.60% | APY* 1.60% |
Balances over $10,000.00 (when qualifications are met) | Minimum Deposit to Open $50 | Variable Interest Rate 0.15% | APY* 1.60% to 0.15%
|
All balances if qualifications are not met | Minimum Deposit to Open $50 | Variable Interest Rate 0.03% | APY* 0.03%
|
To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:
| Minimum Deposit to Open | Variable Interest Rate | APY* | |
|---|---|---|---|
Balances up to $10,000.00 (when qualifications are met) | Minimum Deposit to Open $50 | Variable Interest Rate 0.30% | APY*
0.30% |
Balances over $10,000.00 (when qualifications are met) | Minimum Deposit to Open $50 | Variable Interest Rate 0.15% | APY*
0.30% to 0.15%
|
All balances if qualifications are not met | Minimum Deposit to Open $50 | Variable Interest Rate 0.03% | APY*
0.03% |
To earn your rewards, simply do the following activities and transactions in your Kasasa Cash or Kasasa Cash Back account each monthly qualification cycle:
| Term | Minimum Deposit to Open & Obtain APY* | Interest Rate | APY* | Interest Frequency | Early Withdrawal Penalty |
|---|---|---|---|---|---|
Term 1 Month | Minimum Deposit to Open & Obtain APY* $50,000.00 | Interest Rate 3.65% | APY* 3.70% | Interest Frequency 1 Month | Early Withdrawal Penalty
30 Days
|
Term 3 Month | Minimum Deposit to Open & Obtain APY* $5,000.00 | Interest Rate 2.43% | APY* 2.45% | Interest Frequency 3 Months | Early Withdrawal Penalty
91 Days
|
Term 6 Month | Minimum Deposit to Open & Obtain APY* $1,000.00 | Interest Rate 2.08% | APY* 2.10% | Interest Frequency 3 Months | Early Withdrawal Penalty
91 Days
|
Term 9 Month | Minimum Deposit to Open & Obtain APY* $5,000.00 | Interest Rate 2.15% | APY* 2.17% | Interest Frequency 3 Months | Early Withdrawal Penalty
91 Days
|
Term 12 Month | Minimum Deposit to Open & Obtain APY* $500.00 | Interest Rate 2.23% | APY* 2.25% | Interest Frequency 3 Months | Early Withdrawal Penalty
91 Days
|
Term 18 Month | Minimum Deposit to Open & Obtain APY* $5,000.00 | Interest Rate 1.96% | APY* 1.97% | Interest Frequency 3 Months | Early Withdrawal Penalty
182 Days
|
Term 24 Month | Minimum Deposit to Open & Obtain APY* $1,000.00 | Interest Rate 2.09% | APY* 2.10% | Interest Frequency 6 Months | Early Withdrawal Penalty
182 Days
|
Term 36 Month | Minimum Deposit to Open & Obtain APY* $1,000.00 | Interest Rate 1.96% | APY* 1.97% | Interest Frequency 6 Months | Early Withdrawal Penalty
365 Days
|
Term 60 Month | Minimum Deposit to Open & Obtain APY* $1,000.00 | Interest Rate 1.76% | APY* 1.77% | Interest Frequency 6 Months | Early Withdrawal Penalty
365 Days
|
| Term | Minimum Deposit to Open & Obtain APY* | Interest Rate | APY* | Interest Frequency | Early Withdrawal Penalty |
|---|---|---|---|---|---|
Term 12 Month | Minimum Deposit to Open & Obtain APY* $500.00 | Interest Rate 2.23% | APY* 2.24% | Interest Frequency 6 Months | Early Withdrawal Penalty
91 Days
|
Term 24 Month | Minimum Deposit to Open & Obtain APY* $500.00 | Interest Rate 2.09% | APY* 2.10% | Interest Frequency 6 Months | Early Withdrawal Penalty
182 Days
|
Term 36 Month | Minimum Deposit to Open & Obtain APY* $500.00 | Interest Rate 1.96% | APY* 1.97% | Interest Frequency 6 Months | Early Withdrawal Penalty
365 Days
|
Term 60 Month | Minimum Deposit to Open & Obtain APY* $500.00 | Interest Rate 1.76% | APY* 1.77% | Interest Frequency 6 Months | Early Withdrawal Penalty
365 Days
|
Term Variable** | Minimum Deposit to Open & Obtain APY* $100.00 | Interest Rate 2.23% | APY* 2.25% | Interest Frequency 3 Months | Early Withdrawal Penalty
30 Days
|
| Type | Minimum Deposit to Open | Variable Interest Rate | APY* | Interest Frequency | Early Withdrawal Penalty |
|---|---|---|---|---|---|
Type Regular Savings** | Minimum Deposit to Open $50.00 | Variable Interest Rate 0.05% | APY* 0.05% | Interest Frequency Quarterly | Early Withdrawal Penalty
none |
Type Youth Achievement Account** | Minimum Deposit to Open $0.00 | Variable Interest Rate 0.25% | APY* 0.25% | Interest Frequency Quarterly | Early Withdrawal Penalty
none |
| Type | Minimum Deposit to Open | Minimum Deposit to Open and Obtain APY* | Variable Interest Rate | APY* | Interest Frequency | Early Withdrawal Penalty |
|---|---|---|---|---|---|---|
Type Money Market** | Minimum Deposit to Open $2,500 | Minimum Deposit to Open and Obtain APY* Less than $10,000.00 | Variable Interest Rate 0.22% | APY* 0.22% | Interest Frequency Monthly | Early Withdrawal Penalty
none
|
Type | Minimum Deposit to Open | Minimum Deposit to Open and Obtain APY* $10,000.00 - $24,999.99 | Variable Interest Rate 0.35% | APY* 0.35% | Interest Frequency Monthly | Early Withdrawal Penalty
none
|
Type | Minimum Deposit to Open | Minimum Deposit to Open and Obtain APY* $25,000.00 - $49,999.99 | Variable Interest Rate 0.50% | APY* 0.50% | Interest Frequency Monthly | Early Withdrawal Penalty
none
|
Type | Minimum Deposit to Open | Minimum Deposit to Open and Obtain APY* $50,000 and Over | Variable Interest Rate 0.65% | APY* 0.65% | Interest Frequency Monthly | Early Withdrawal Penalty
none
|
| Type | Minimum Deposit to Open | Variable Interest Rate | APY* | Interest Frequency | Early Withdrawal Penalty |
|---|---|---|---|---|---|
Type Interest Checking** | Minimum Deposit to Open $1,000.00 | Variable Interest Rate 0.05% | APY* 0.05% | Interest Frequency Monthly | Early Withdrawal Penalty
none
|
Type Business Interest Checking** | Minimum Deposit to Open $2,500.00 | Variable Interest Rate 0.03% | APY* 0.03% | Interest Frequency Monthly | Early Withdrawal Penalty
none
|
| Type | Minimum Deposit to Open | Variable Interest Rate | APY* | Interest Frequency | Early Withdrawal Penalty |
|---|---|---|---|---|---|
Type HSA Checking** | Minimum Deposit to Open $25 minimum opening deposit + $20 setup fee | Variable Interest Rate 0.15% | APY* 0.15% | Interest Frequency Monthly | Early Withdrawal Penalty
none |
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