brunswick state bank interest rates

 

 

**Rates are updated weekly. 

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These interest rates and annual percentage yields are effective as of ....8/11/2017.

A Certificate of Deposit renewing within seven days following this effective date will earn rates as stated below. A Certificate of Deposit may be redeemed without penalty during a 10 day grace period following the date of maturity. Rates may change at any time during the week for new Certificates of Deposit. You may call the Brunswick State Bank at 402-842-2435 or 1-888-393-7945 to obtain current rate information. The minimum balance to open a Certificate of Deposit is $1,000.00. Interest is calculated on the daily balance of the certificate. The Annual Percentage Yield (APY) assumes quarterly compounding of interest. Withdrawal of accumulated interest will reduce future earnings. A Certificate of Deposit is subject to an early withdrawal penalty if redeemed before maturity.  These rates also apply to Individual Retirement Account certificates.

 

Term Interest Rate APY
3 Months 0.30% 0.30%
6 Months 0.50% 0.50%
9 Months 0.70% 0.70%
12 Months 0.75% 0.75%
18 Months 0.75% 0.75%
24 Months 1.00% 1.00%
30 Months 1.10% 1.10%
36 Months 1.30% 1.31%
48 Months 1.45% 1.46%
60 Months 1.75% 1.76%

 

Interest Rates on Non-Time Deposit Accounts
  Average Daily Balance less than $40,000 Average Daily Balance  $40,000 or more
Type of Account Interest Rate APY Interest Rate APY
NOW     account 0.35% 0.35%   0.55% 0.55%

Savings account

0.35% 0.35% 0.55%   0.55%
MMDA account

Average Daily Balance less than $20,000

0.45%

 

 

 

 

0.45%

Average Daily Balance $20,000 or more

0.70%

 

 

 

0.70%

The minimum balance required to open a NOW account or an MMDA account is $1,000.00.

The minimum balance required to open a Savings account is $10.00.

The average daily balance of an MMDA account must exceed $500.00 during a month to earn any interest.

The average daily balance of a Savings account must exceed $25.00 during a calendar quarter to earn any interest.

Interest is calculated on the average daily balance for non-time deposit accounts. The APY for NOW, MMDA, and Savings deposits assumes monthly compounding. Withdrawal of accumulated interest will reduce future earnings. Fees could reduce earnings. Rates are subject to change after account opening.

Individual Retirement Account Interest Rates
    Interest Rate APY
 IRA Savings Account August 0.75% 0.75%

The rate on the IRA Savings Account is subject to change after account opening. The APY will be affected by interest rate changes.  Fees could reduce earnings.

Health Savings Account Interest Rates
    Interest Rate APY
HSA Savings Account August 0.75% 0.75%

The minimum balance required to open a Health Savings Account is $100.00. The rate on the HSA Savings Account is subject to change after account opening.  The APY will be affected by interest rate changes.  Fees could reduce earnings.

 

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