Deposit Rates
Rates effective as of January 24, 2025
Certificates of Deposit - Personal & Business
| Term | Interest Rate | Annual Percentage Yield | Compounded/Credited | Minimum Deposit to Open |
|---|---|---|---|---|
30-89 Days | 1.00 | 1.00 | Monthly | $500.00 |
90-179 Days | 1.25 | 1.26 | Monthly | $500.00 |
180-364 Days | 1.75 | 1.76 | Monthly | $500.00 |
12-23 Months | 2.50 | 2.53 | Monthly | $500.00 |
24-35 Months | 2.75 | 2.78 | Monthly | $500.00 |
36-47 Months | 2.75 | 2.78 | Monthly | $500.00 |
48 Months | 2.75 | 2.78 | Monthly | $500.00 |
6 Month Special | 3.75 | 3.82 | Monthly | $10,000.00 |
14 Month Special | 4.00 | 4.07 | Monthly | $10,000.00 |
36 Month Special | 3.75 | 3.82 | Monthly | $10,000.00 |
Annual percentage yield is based upon monthly compounding of interest for the term of deposit.
Penalty for early withdrawal
Checking Products - Personal & Business
| Product | Interest Rate | Annual Percentage Yield | Minimum to Earn APY | Minimum Deposit to Open |
|---|---|---|---|---|
Comfort Checking Account | N/A | N/A | N/A | N/A |
Regular Checking Account | N/A | N/A | N/A | N/A |
NOW Account | 0.05 | 0.05 | $500.00 | $500.00 |
Corp Money Market Tier 1 | 0.05 | 0.05 | $500.00 - $999.99 | $1,000.00 |
Corp Money Market Tier 2 | 2.00 | 2.02 | $1,000.00 & Over | $1,000.00 |
IMMA Tier 1 | 0.01 | 0.01 | $0.00 - $999.99 | $1,000.00 |
IMMA Tier 2 | 0.05 | 0.05 | $1,000.00 - $4,999.99 | $1,000.00 |
IMMA Tier 3 | 0.05 | 0.05 | $5,000.00 - $9,999.99 | $1,000.00 |
IMMA Tier 4 | 1.50 | 1.51 | $10,000.00 - $49,999,99 | $1,000.00 |
IMMA Tier 5 | 2.00 | 2.02 | $50,000.00 & Over | $1,000.00 |
For further details regarding balances and fees, please refer to a Truth in Savings Disclosure or contact an account representative.
Interest rates are subject to change at any time and without notice.
Individual Retirement Accounts - Personal
| IRA CD | Interest Rate | Annual Percentage Yield | Compounded/Credited | Minimum Deposit to Open |
|---|---|---|---|---|
12 Month Variable Rate | 2.50 | 2.50 | Annually | N/A |
30 Month Fixed Rate | 3.00 | 3.03 | Semi-Annually | $500.00 |
Must be held to maturity to receive the indicated APY. Penalty may be imposed for early withdrawal.
Variable interest rates are subject to change at any time and without notice.
Savings Products - Personal
| Product | Interest Rate | Annual Percentage Yield | Compounded/Credited | Minimum Deposit to Open |
|---|---|---|---|---|
Savings Account | 0.10 | 0.10 | Quarterly | N/A |
Christmas Club Account | 0.10 | 0.10 | Annually | N/A |
Health Savings Account | 1.00 | 1.00 | Quarterly | $100.00 |
Account fees may reduce earnings. Interest rates are subject to change at any time and without notice. The minimum to earn the disclosed APY is based on the average daily balance. If you have any questions or require additional information, please contact an account representative at any of our branches.
Laona State Bank's Routing Number: 091508171