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Locations, Contacts, and Hours
Locations, Contacts, and Hours
Locations, Contacts, and Hours
Locations, Contacts, and Hours
Park Bank

Park Bank Accounts

Kasasa

Savings, CD's & IRA's

Interest Rates Effective July 23, 2019

 

Saving Accounts

TYPE OF ACCOUNT

MINIMUM BALANCE

NOTES

INTEREST RATE

ANNUAL PERCENTAGE YIELD

TYPE OF ACCOUNT: Park Bank Savings*

MINIMUM BALANCE: $100 minimum average daily balance or quarterly service charge of $3.00. Service charge of $1 for each debit transaction in excess of 18 per quarterly statement cycle.

NOTES: No minimum balance, paper statement fee, or dormant account fee for customers under 18 or 62 years of age or older (transaction fees still apply).

INTEREST RATE: .41%

ANNUAL PECENTAGE YIELD: .41%

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


Certificate of Deposit

Less than $10,000 Minimum Daily Balance to Earn Annual Percentage Yield

TERM OF CERTIFICATE

INTEREST RATE

ANNUAL PERCENTAGE YIELD

TERM OF CERTIFICATE: 91 Day

INTEREST RATE: .31%

ANNUAL PERCENTAGE YIELD: .31%

TERM OF CERTIFICATE: 6 Month

INTEREST RATE: .46%

ANNUAL PERCENTAGE YIELD: .46%

TERM OF CERTIFICATE: 1 Year

INTEREST RATE: .71%

ANNUAL PERCENTAGE YIELD: .71%

TERM OF CERTIFICATE: 1 1/2 Year

INTEREST RATE: .96%

ANNUAL PERCENTAGE YIELD: .96%

TERM OF CERTIFICATE: 2 Year

INTEREST RATE: 1.21%

ANNUAL PERCENTAGE YIELD: 1.22%

TERM OF CERTIFICATE: 2 1/2 Year

INTEREST RATE: 1.46%

ANNUAL PERCENTAGE YIELD: 1.47%

TERM OF CERTIFICATE: 3 Year

INTEREST RATE: 1.71%

ANNUAL PERCENTAGE YIELD: 1.72%

TERM OF CERTIFICATE: 4 Year

INTEREST RATE: 1.86%

ANNUAL PERCENTAGE YIELD: 1.87%

$10,000 Minimum Daily Balance to Earn Annual Percentage Yield

TERM OF CERTIFICATE

INTEREST RATE

ANNUAL PERCENTAGE YIELD

TERM OF CERTIFICATE: 91 Day

INTEREST RATE: .51%

ANNUAL PERCENTAGE YIELD: .51%

TERM OF CERTIFICATE: 6 Month

INTEREST RATE: .71%

ANNUAL PERCENTAGE YIELD: .71%

TERM OF CERTIFICATE: 1 Year

INTEREST RATE: 1.40%

ANNUAL PERCENTAGE YIELD: 1.41%

TERM OF CERTIFICATE: 1 1/2 Year

INTEREST RATE: 1.61%

ANNUAL PERCENTAGE YIELD: 1.62%

TERM OF CERTIFICATE: 2 Year

INTEREST RATE: 1.72%

ANNUAL PERCENTAGE YIELD: 1.73%

TERM OF CERTIFICATE: 2 1/2 Year

INTEREST RATE: 1.87%

ANNUAL PERCENTAGE YIELD: 1.88%

TERM OF CERTIFICATE: 3 Year

INTEREST RATE: 2.01%

ANNUAL PERCENTAGE YIELD: 2.03%

TERM OF CERTIFICATE: 4 Year

INTEREST RATE: 2.16%

ANNUAL PERCENTAGE YIELD: 2.18%

 

Fees could reduce earnings. Penalties will be imposed for early withdrawal. Contact Park Bank for more information. $2,500 minimum balance to open account.

All deposit accounts must be opened in person.


Individual Retirement Accounts

 

TYPE OF ACCOUNT

MINIMUM BALANCE

INTEREST RATE

ANNUAL PERCENTAGE YIELD

TYPE OF ACCOUNT: IRA Savings Account*

MINIMUM BALANCE: $100 minimum balance to open account.

INTEREST RATE: .56%

ANNUAL PECENTAGE YIELD: .56%

TYPE OF ACCOUNT: 18 Month Fixed Rate IRA

MINIMUM BALANCE: $500 minimum balance to open account.

INTEREST RATE: .71%

ANNUAL PECENTAGE YIELD: .71%

TYPE OF ACCOUNT: 2 1/2 Year Fixed Rate IRA

MINIMUM BALANCE: $500 minimum balance to open account.

INTEREST RATE: 1.11%

ANNUAL PECENTAGE YIELD: 1.11%

Fees may reduce earnings. Penalties may be imposed for early withdrawals. *Rates may change after account is opened.