Current Rates

APY = Annual Percentage Yield
Rates effective as of 2/19/2020.
Rates may change after accounts are opened. Fees may reduce earnings.

Relationship Special

Available to customers with an active checking account with Flanagan State Bank

TermMinimum Deposit to Open & Obtain APYInterest RateAPYInterest FrequencyEarly Withdrawal Penalty
12 Month$10,000.001.80%1.81%91 Days91 Days

Large Depositor Special

TermMinimum Deposit to Open & Obtain APYInterest RateAPYInterest FrequencyEarly Withdrawal Penalty
12 Month$50,000.001.80%1.81%91 Days91 Days

Kasasa Cash

 Interest RateAPY
Balances up to $10,000.00 (when qualifications are met)2.25%2.25%
Balances over $10,000.00 (when qualifications are met)0.25%2.25% to 0.25%
All balances if qualifications are not met0.05%0.05%

To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled and receive e-statement notice
  • Be enrolled and log into online banking

Kasasa Saver

 Interest RateAPY
Balances up to $10,000.00 (when qualifications are met)0.50%0.50%
Balances over $10,000.00 (when qualifications are met)0.25%0.50% to 0.25%
All balances if qualifications are not met0.05%0.05%

To earn your rewards, simply do the following activities and transactions in your Kasasa Cash or Kasasa Cash Back account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled and receive e-statement notice
  • Be enrolled and log into online banking

Standard Certificates of Deposit

TermMinimum Deposit to Open & Obtain APYInterest RateAPYInterest FrequencyEarly Withdrawal Penalty
91 Day$5,000.00 0.40%0.40%91 Days91 Days
182 Day$1,000.00 0.55%0.55%91 Days91 Days
9 Month$5,000.00
1.50%1.51%91 Days91 Days
12 Month$500.000.79%0.79%91 Days91 Days
12 Month$10,000.00 1.04%1.04%91 Days91 Days
12 Month$25,000.00 1.29%1.30%91 Days91 Days
18 Month$5,000.00 1.10%1.10%91 Days182 Days
24 Month$1,000.00 1.53%1.54%6 Months182 Days
30 Month$5,000.00 1.55%1.56%6 Months365 Days
36 Month$1,000.00 1.65%1.66%6 Months365 Days
60 Month$1,000.00 1.90%1.91%6 Months365 Days

A penalty will be imposed for early withdrawal. *Interest rate is variable and may change after the account is opened.

IRA

TermMinimum Deposit to Open & Obtain APY*Interest RateAPYInterest FrequencyEarly Withdrawal Penalty
1 Year$500.000.79%0.79%6 Months91 Days
2 Year$500.001.53%1.54%6 Months182 Days
3 Year$500.001.65%1.66%6 Months365 Days
5 Year$500.001.90%1.91%6 Months365 Days
Variable$100.000.55%0.55%3 Months30 Days

Savings Accounts

TypeMinimum Deposit to OpenVariable Interest RateAPYInterest FrequencyEarly Withdrawal Penalty
Regular Savings$50.000.10%0.10%3 Monthsnone
Youth Achievement Account$0.000.25%0.25%3 Monthsnone

Money Market Accounts

TypeMinimum Deposit to Open and Obtain APY*Variable Interest RateAPYInterest FrequencyEarly Withdrawal Penalty
Money Market$2,500.00 - $9,999.990.10%0.10%3 Monthsnone
$10,000.00 - $24,999.990.25%0.25%3 Monthsnone
$25,000.00 - $49,999.990.35%0.35%3 Monthsnone
Over $50,000.000.60%0.60%3 Monthsnone

Interest Bearing Checking Accounts

TypeMinimum Deposit to OpenVariable Interest RateAPYInterest FrequencyEarly Withdrawal Penalty
Interest Checking$1,000.00 0.15%0.15%Monthlynone
Business Interest Checking $2,500.000.10%0.10%Monthly none

Health Savings Account

TypeMinimum Deposit to OpenVariable Interest RateAPYInterest FrequencyEarly Withdrawal Penalty
HSA Checking$25.000.40%0.40%Monthlynone

 

FSB Facebook Page Icon For: Facebook Widget