Internet Rates

Current Interest Rates as of 12/29/2020

Certificate of Deposit

Term Minimum Balance Required
(To open and obtain apy)		 Interest
Paid or Credited		 Interest Rate Annual Percentage Yield (APY)
1 Month  $ 1,000.00 At Maturity 0.10 0.10
3 Month $ 1,000.00 At Maturity 0.20 0.20
6 Month $ 1,000.00 Monthly 0.30 0.30
12 Month $ 1,000.00 Monthly 0.45 0.45
24 Month $ 1,000.00 Monthly 0.60 0.60
36 Month $ 1,000.00 Monthly 0.80 0.80
48 Month $ 1,000.00 Monthly 0.90 0.90

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Individual Retirement Accounts (IRAs)

Term Minimum Balance Required
(To open and obtain apy)		 Interest
Paid or Credited		 Interest Rate Annual Percentage Yield (APY)
Regular IRA APY(s) are accurate from 12/01/2020 to 12/31/2020

Variable Rate 
(24 Month)

 $ 500.00 Semi-Annual 0.45 0.45
         
Roth IRA        

Variable Rate 
(24 Month)

 $ 500.00 Semi-Annual 0.45 0.45

Deposit Accounts

Account APY(s)are  Accurate from -  12/04/2020 01/03/2021

Money Market Account

 $ 100.00 Up to $9,999.99
10,000-24,999.99
25,000-49,999.99
50,000-99,999.99
100,000.00		 0.05
0.10
0.15
0.18
0.20		 0.05
0.10
0.15
0.18
0.20
         

Interest Checking Accounts

 $ 100.00 Up to $ 9,999.99
10,000-24,999.99
25,000-49,999.99
50,000-99,999.99
100,000.00		 0.05
0.05
0.10
0.12
0.15		 0.05
0.05
0.10
0.12
0.15
         

Regular Savings

 $ 100.00 Semi-Annual 0.15 0.15
         

Youth Savings

 $ 10.00 Annual 0.15 0.15
         
Public Funds AVAILABLE UPON REQUEST

Interest from any size COD may be credited to a Kendall State Bank Checking, Savings, or Money Market Account or compounded monthly. COD's must be $20,000.00 or greater to get monthly interest by check. Early withdrawal penalty: 12 months or less = 3 month penalty; greater than 12 months = 6 month penalty. Early withdrawals of $1,000.00 or more may be made until 10 days before maturity date. The account balance must be $1,000.00 or more after early withdrawal occurs in order to continue certificate to maturity. If the remaining balance is less than $1,000.00, the entire COD will be withdrawn and subject to the early withdrawal penalty. For variable rate accounts, the rate may change after the account is opened.  Account fees could reduce the earnings on an account.

For current information call (785)945-3231 - (913)886-2121 - (913)774-8750