Park Bank
 

Park Bank Accounts

Kasasa

Personal Checking

Interest Rates Effective as of November 12, 2019

TYPE OF ACCOUNT

MINIMUM BALANCE

NOTES

INTEREST RATE

ANNUAL PERCENTAGE YIELD*

TYPE OF ACCOUNT: Spartan Insured Money Market Account

MINIMUM BALANCE: $2,500 average daily balance or $15.00 service charge per statement cycle.

NOTES: Account must be opened at our branch in Sparta. Interest rate is guaranteed for at least 90 days.

INTEREST RATE:   1.34%

ANNUAL PERCENTAGE YIELD*:   1.35%

TYPE OF ACCOUNT: Insured Money Market Account

MINIMUM BALANCE: $2,500 average daily balance or $15.00 service charge per statement cycle.

NOTES: None.

INTEREST RATE:   .65%

ANNUAL PERCENTAGE YIELD*:   .65%

TYPE OF ACCOUNT: Mortgage Payor Checking

MINIMUM BALANCE: None (Available to Mortgage Loan Customers Only)

NOTES: When the mortgage is paid, the account reverts to Park Bank Checking. Debit card application required at account opening.

INTEREST RATE: None

ANNUAL PERCENTAGE YIELD*: N/A

TYPE OF ACCOUNT: Park Bank Checking

MINIMUM BALANCE: $49 minimum daily balance or $7.50 service charge per statement cycle.

NOTES: Debit card application required at account opening.

INTEREST RATE: None

ANNUAL PERCENTAGE YIELD*: N/A

TYPE OF ACCOUNT: Park Bank Checking with Interest

MINIMUM BALANCE: $999 minimum average daily balance or $10 service charge per statement cycle.

NOTES: None.

INTEREST RATE:  .20%

ANNUAL PERCENTAGE YIELD*:  .20%
 

Rates may change after account is opened. Fees could reduce earnings. Contact Park Bank for more information.