Internet Rates
Current Interest Rates as of 11/05/2019
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 | 0.40 | 0.40 |
| 12 Month | $ 1,000.00 | Monthly | 0.55 | 0.55 |
| 24 Month | $ 1,000.00 | Monthly | 0.80 | 0.80 |
| 36 Month | $ 1,000.00 | Monthly | 1.04 | 1.05 |
| 48 Month | $ 1,000.00 | Monthly | 1.24 | 1.25 |
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 11/01/2019 to 11/30/2019 | |||
Variable
Rate |
$ 500.00 | Semi-Annual | 0.41 | 0.41 |
| Roth IRA | ||||
Variable
Rate |
$ 500.00 | Semi-Annual | 0.41 | 0.41 |
Deposit Accounts
| Account | APY(s)are | Accurate from - | 11/04/2019 | 12/03/2019 |
|---|---|---|---|---|
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 0.08 0.10 0.15 0.20 |
0.05 0.08 0.10 0.15 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 0.10 0.15 |
0.05 0.05 0.10 0.10 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 If the remaining balance is less than $1,000.00, the entire COD will be withdrawn and subject to the early withdrawal penalty.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