Federal Savings Bank Deposit Rates
Annual Percentage Yields (APYs) are effective as of 5/20/2015
Rates are subject to change without notice.
A penalty may be imposed for early withdrawal on certificate accounts. Fees could reduce earnings on Savings, Pinnacle Checking, NOW, IRA, andEagle Money Fund accounts.
1A minimum balance fee of $5.00 will be imposed every statement cycle if the daily balance falls below $2,500 any day of the statement cycle. You may only make 6 pre-authorized transfers from your account each statement period. During any statement cycle, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of preauthorized, automatic, telephone, computer, mobile, check or debit card. If you close your account within the first 6 months you will be charged a $25.00 fee.
2The 1.05% Annual Percentage Yield is effective as of January 8, 2014 and is subject to change without notice. Minimum opening deposit is $300. If the account balance falls below $300 at anytime during the statement cycle, a service charge of $10 will apply, no foreign ATM fees will be waived and the interest on the full balance will be paid at .03% with .03% APY. Effect of fees could reduce the earnings on this account. Balances over $25,000 will be paid .03% APY. 12 FSB debit card and/or ATM posted transactions required per statement cycle. Monthly posted direct deposit and eStatements required.
3Your interest rate and APY may increase once during the 30-month term at your discretion and upon notifying FSB. The "bump-up" rate will be based on the current 30-month CD rate offering at that time.
4If the account falls below $2,500 any time during the statement cycle, a service charge of $15.00 will apply. An excess item fee of $0.20 per item will apply for items in excess of 250 any time during the statement cycle.
Find out what Member FDIC really means.
Notice of Expiration of the Temporary Full FDIC Insurance Coverage for Noninterest-bearing transaction accounts
By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC).
Beginning on January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.
FOR MORE INFORMATION CALL FEDERAL SAVINGS BANK AT 1-800-462-2265.