Personal Checking Accounts
| ACCOUNTS | INTEREST RATE | APY | ADDITIONAL INFORMATION | MIN BAL. TO OBTAIN APY |
|---|---|---|---|---|
| HIGH YIELD CHECKING | 3.00 | 3.05 | On balances up to 25,000, if account qualifies. Balances over $25,000 earn 0.25% interest rate on portion of balance over $25,000, resulting in 3.05% - 0.25% APY depending on the balance. Non-qualifying accounts receive 0.05% APY. Initial deposit of $50 required to open account. | Balances up to $25,000 |
| STAR BANKING PLUS CHECKING | 0.25 | 0.25 | Combined balance of $20,000+ (seniors 55 and over must have $10,000+) in Star Checking Account and any savings account. Monthly direct deposit required. | $20,000 combined in required accounts ($10,000 for seniors 55+) |
| N.O.W. CHECKING | 0.10 | 0.10 | $5 monthly fee if balance goes below $100 | $100 Minimum balance |
Savings Accounts
| Account | Interest Rate |
APY |
Bal. To Obtain APY |
|---|---|---|---|
| Savings (Statement) |
0.10 |
0.10 |
$100 Minimum deposit to open |
| Holiday Club |
0.10 |
0.10 |
$5.00 Minimum Balance |
| Kid's Club Account |
0.50 |
0.50 |
$10 Minimum deposit to open |
Money Market Accounts
| Account | Min Bal. To Obtain APY | Interest Rate | APY | Additional Information |
|---|---|---|---|---|
| Money Market |
$2,500 Minimum deposit to open |
0.10 |
0.10 |
Rate of 0.05% if balance drops below $2,500 |
| Money Market Advantage |
$0.01-$10,000 |
0.10 |
0.10 |
New Money ONLY. $100 Minimum deposit to open account. $1 Minimum balance to keep account open. |
|
$10,000.01+ |
1.50 |
1.51 |
New Money ONLY. $100 Minimum deposit to open account. $1 Minimum balance to keep account open. |
|
| Tiered Money Market |
$2,500-$9,999 |
0.05 |
0.05 |
Balances below $2,500 earn no interest |
|
$10,000-$24,999 |
0.10 |
0.10 |
Rate lower if balance drops below $10,000 |
|
|
$25,000-$49,999 |
0.25 |
0.25 |
Rate lower if balance drops below $25,000 |
|
|
$50,000+ |
0.25 |
0.25 |
Rate lower if balance drops below $50,000 |
Tiered Money Market Plus
| Tier | Dollar tiers | Interest Rate | Interest Earned Annually for Each Tier | Total Interest Earned Annually | Annual Percentage Yield (APY) |
|---|---|---|---|---|---|
| Tier 1 | $99,999.99 | 0.00% | $0.00 | $0.00 | 0.00% |
| Tier 2 | $100,000.00 - $199,999.99 | 1.10% | $0.01 - $1,100.01 | $0.01 - $1,100.01 | 0.00% - 0.55% |
| Tier 3 | $200,000.00 - $999,999.99 | 1.50% | $1,100.01 - $12,000.00 | $1,100.01 - $13,100.01 | 0.55% - 1.31% |
| Tier 4 | $1,000,000.00 - $5,000,000.00 | 2.17% | up to $86,800.00 | up to $99,900.01 | 2.00% |
Certificates of Deposit
| Account | Interest Rate | APY | Months | Min Bal. To Obtain APY |
|---|---|---|---|---|
| 30 Day CD | 0.05 | 0.05 | 1 | $25,000 Minimum deposit to open |
| 91 Day CD | 0.15 | 0.15 | 3 | $1,000 Minimum deposit to open |
| 6 Month CD | 0.65 | 0.66 | 6 | $1,000 Minimum deposit to open |
| 7 Month CD | 1.86 | 1.90 | 7 | $1,000 Minimum deposit to open |
| 1 Year CD | 1.25 | 1.28 | 12 | $500 Minimum deposit to open |
| 1 Year CD StarBanking Plus | 1.40 | 1.43 | 12 | $500 Minimum deposit to open |
| 15 Month CD | 1.86 | 1.90 | 15 | $500 Minimum deposit to open |
| 2 Year CD | 1.50 | 1.53 | 24 | $500 Minimum deposit to open |
| 2 Year CD StarBanking Plus | 1.65 | 1.69 | 24 | $500 Minimum deposit to open |
| 3 Year CD | 1.61 | 1.65 | 36 | $500 Minimum deposit to open |
| 3 Year CD StarBanking Plus | 1.76 | 1.80 | 36 | $500 Minimum deposit to open |
| 4 Year CD | 1.76 | 1.80 | 48 | $500 Minimum deposit to open |
| 4 Year CD StarBanking Plus | 1.90 | 1.95 | 48 | $500 Minimum deposit to open |
| 5 Year CD | 1.76 | 1.80 | 60 | $500 Minimum deposit to open |
| 5 Year CD StarBanking Plus | 1.90 | 1.95 | 60 | $500 Minimum deposit to open |
*Note: Effective Annual Percentage Yields (APY) listed are as of 10/11/2019. All interest rates are subject to change without notice. Must have a Star Banking checking account to qualify for StarBanking Plus CDs.
Retirement Accounts
| Account | Interest Rate | APY | Months | Min Bal. To Obtain APY |
|---|---|---|---|---|
|
Statement Savings IRA |
0.25 |
0.25 |
0 |
$25 Minimum deposit to open |
|
7 Month IRA |
1.86 |
1.90 |
7 |
$1000 Minimum deposit to open |
|
1 Year IRA |
1.25 |
1.28 |
12 |
$500 Minimum deposit to open |
|
1 Year IRA StarBanking Plus |
1.40 |
1.43 |
12 |
$500 Minimum deposit to open |
|
15 Month IRA |
1.86 |
1.90 |
15 |
$500 Minimum deposit to open |
|
2 Year IRA |
1.50 |
1.53 |
24 |
$500 Minimum deposit to open |
|
2 Year IRA StarBanking Plus |
1.65 |
1.69 |
24 |
$500 Minimum deposit to open |
|
3 Year IRA |
1.61 |
1.65 |
36 |
$500 Minimum deposit to open |
|
3 Year IRA StarBanking Plus |
1.76 |
1.80 |
36 |
$500 Minimum deposit to open |
|
4 Year IRA |
1.76 |
1.80 |
48 |
$500 Minimum deposit to open |
|
4 Year IRA StarBanking Plus |
1.90 |
1.95 |
48 |
$500 Minimum deposit to open |
|
5 Year IRA |
1.76 |
1.80 |
60 |
$500 Minimum deposit to open |
|
5 Year IRA StarBanking Plus |
1.90 |
1.95 |
60 |
$500 Minimum deposit to open |
*Note: Penalties for early withdrawal may reduce earnings. All interest rates are subject to change without notice. Must have a Star Banking checking account to qualify for StarBanking Plus IRAs.