Savings Account with 5.00% APY
from Rising Bank, A Division Of Midwest Bankcentre

Savings Account Features Guide

Interest Rate
APY 5.00%
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
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.
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.