Deposit Interest Rates

View our deposit interest rates for each type of account. These rates are effective as of April 16, 2018.

 

 Checking Accounts

AccountMinimum BalanceInterest RateAnnual Percentage Yield
Riverland Free CheckingTo Open Account: $00%0%
Riverland Interest Checking 1, 2, 3To Open Account: $500.00
To Obtain APY: $.01
.05%.05%
Riverland 50 PLUS Checking 1, 3To Open Account: $100.00
To Obtain APY: $.01
.10%.10%

1. This is a variable rate account; the interest rate and annual percentage yield may change after the account is opened
2. Fees may reduce earnings
3. Early Closing Fee – $30.00 fee may be imposed if account is closed within 3 months of opening

 

Savings Accounts

AccountMinimum BalanceInterest RateAnnual Percentage Yield
Riverland Thrift Savings 1To Open Account: $50
To Obtain APY: $.01
.10%.10%
Riverland Regular Savings 1To Open Account: $250
To Obtain APY: $.01
.15%.15%

1. This is a variable rate account; the interest rate and annual percentage yield may change after the account is opened. Fees may reduce earnings. Limit of 6 preauthorized transfers out of the account per statement cycle. Early Closing Fee – $30.00 fee may be imposed if account is closed within 3 months of opening.

 

Riverland Health Savings Account

BalanceMinimum BalanceInterest RateAnnual Percentage Yield
$0 - $9,999.99To Open Account: $100.00
To Obtain APY: $.01
.15%.15%
$10,000.00-$29,999.99-.20%.20%
$30,000.00 and above-.25%.25%

This is a variable rate account; the interest rate and annual percentage yield may change after the account is opened. Fees may reduce earnings. Limit of 6 preauthorized transfers out of the account per statement cycle. Early Closing Fee – $30.00 fee may be imposed if account is closed within 3 months of opening.

 

Riverland Money Market Account

Balance to Obtain APYMinimum BalanceInterest RateAnnual Percentage Yield
$.01 - $9,999.99To Open Account: $1,000.00.20%.20%
$10,000.00 - $24,999.99-.25%.25%
$25,000.00 - $49,999.99-.40%.40%
$50,000.00 - $99,999.99-.50%.50%
$100,000.00 - $249,999.99-.65%.65%
$250,000.00 and above-.80%.80%

This is a variable rate account; the interest rate and annual percentage yield may change after the account is opened. Fees may reduce earnings. Limit of 6 preauthorized transfers out of the account per statement cycle. Early Closing Fee – $30.00 fee may be imposed if account is closed within 3 months of opening.

 

CD and IRA Accounts

TermInterest RateAnnual Percentage Yield
3 Month1.00%1.00%
6 Month1.25%1.25%
12 Month1.75%1.76%
18 Month1.90%1.91%
24 Month2.05%2.06%
30 Month2.15%2.16%
36 Month2.25%2.26%
48 Month2.35%2.36%
60 Month2.50%2.51%

Minimum Deposit to Open Account and Obtain Annual Percentage Yield: $1,000.00
A penalty may be imposed for early withdrawal.

Have Questions About Our Rates?

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