Savings Account Features Guide
Interest Rate |
APY |
4.50% |
Minimum deposit amount |
$1,000.00 |
Maximum deposit amount |
$500,000.00 |
Balance Requirements |
Minimum Opening Deposit |
$1,000.00 |
Minimum Balance to Avoid Fees |
- |
Minimum Required Balance |
$1,000.00 |
Fees |
Monthly Maintenance Fee |
N/A |
Foreign ATM Fees |
N/A |
Insufficient Funds Fee |
$25.00 |
Incoming Wires |
N/A
|
Account Opening |
Open Online |
Yes |
Insured by |
F.D.I.C.
|
Statements |
Paper Statements |
Yes |
Online Statements |
Yes |
Online and Telephone Banking |
Online Banking |
Yes |
Telephone Banking |
Yes |
Mobile Banking |
Yes |
Deposit Checks with Mobile Device |
Yes |
Free Bill Pay |
Yes |
Online Bill Payments Required |
Yes |
Account Description
• $1,000.00 Minimum balance to open the account.
• Must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.
• This account will automatically renew at maturity.
• Interest Credited on every 3 months.
• Account Maximum - $500,000.
• Transfers from a High Yield Savings account to another account or to third parties by preauthorized, automatic or computer transfer are limited to six per four (4) week or similar period with no transfers by check, draft, debit card, or similar order to third parties.
• withdraw a maximum of $25,000 per day.
• deposit a maximum of $250,000 per day.
Rate History
Date
|
APY
|
October 3, 2024 |
4.50%
|
August 7, 2024 |
4.90%
|
September 29, 2023 |
5.00%
|
August 20, 2023 |
4.50%
|
Customer Reviews for Rising Bank, A Division Of Midwest Bankcentre
There are currently no comments for Rising Bank, A Division Of Midwest Bankcentre. Be the first to share your experience. Please provide comments that will help others.