Welcome, Guest to Forreston State Bank

Effective September 20, 2018

Deposit Rates

Certificates of Deposit

Minimum Opening Deposit $1,000

TERM

INTEREST RATE

APY*

3 Month

0.35

0.35

6 Month 

0.45

0.45

12 Month

0.55

0.55

15 Month

1.50

1.51

18 Month

 0.60 0.60

21 Month Special

2.50

2.52

24 Month

0.65

0.65

30 Month

0.75

0.75

36 Month

0.75

0.75

48 Month

0.95

0.95

60 Month

1.60

1.61

IRA (18 Months -Fixed Rate)

Minimum Opening Deposit $100

0.25

0.25

*Annual Percentage Yield

Annual Percentage Yield (APY) is based on Quarterly compounding.
Certificates of Deposit are automatically renewed unless you instruct.
CDs do not earn interest after the maturity date. There is a penalty for early withdrawal.

Deposit Interest Rates

Deposit Account Type

Interest Rate

APY*

Rewards Checking $0-$10,000

Minimum Opening Deposit $25

If eligibility requirements of this account are not met the interest rate and APY are 0.05%.

1.00

1.00

Rewards Checking $10,000.01+

Minimum Opening Deposit $25

If eligibility requirements of this account are not met the interest rate and APY are 0.05%.

0.50  0.50

Senior Checking

Minimum Opening Deposit $25

 0.10  0.10

SaveUp Savings – with $10 or more Automatic Recurring Transfer monthly 

Minimum Opening Deposit $10


SaveUp Savings -without Automatic Recurring Transfer monthly 

 Minimum Opening Deposit $10

0.15

 

0.10

0.15

 

0.10

Health Savings

No Minimum Opening Deposit

0.50

0.50

Christmas Club Savings

No Minimum Opening Deposit

0.10

0.10

IRA - 18 Month Fixed Rate

Minimum Opening Deposit $100

0.25

0.25

*Annual Percentage Yield

Money Market Account

Minimum Opening Deposit $2,500

 Minimum Balance to Earn APY

 INTEREST RATE 

 APY*

$0 ‐$24,999

0.10

0.10

$25,000 ‐$49,999

0.20

0.20

$50,000 +

0.25

0.25

*Annual Percentage Yield

Money Market Accounts, Rewards Checking Accounts, Senior Checking Accounts,  Savings Account, Health Savings account, Christmas Club Savings account interest rates may change after an account is opened. Fees could reduce earnings on these accounts.

Personalization Settings

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