Rates

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personal deposit account rates

Deposit Rates as of:

Certificates Of deposit (cds)

Account Type

 

Opening
Deposit

 

Minimum Balance1
To Obtain APY

 

Interest
Rate

 

Annual
Percentage
Yield

 

Compounding
Frequency

 

3 Month

 

$1,000

 

$1,000

 

0.45%

 

0.45%

Monthly

6 Month

 

$1,000

 

$1,000

 

0.55%

 

0.55%

Monthly

7 MonthNew Money OnlyA,B

 

$1,000

 

$1,000

 

1.83%

 

1.85%

Monthly

OPEN NOW

12 Month2

 

$1,000

 

$1,000

 

0.75%

 

0.75%

Monthly

13 Month - New Money OnlyA,C

 

$1,000

 

$1,000

 

1.83%

 

1.85%

Monthly

OPEN NOW

18 Month2

 

$1,000

 

$1,000

 

0.85%

 

0.85%

Monthly

19 Month - New Money OnlyA,D

 

$1,000

 

$1,000

 

1.83%

 

1.85%

Monthly

OPEN NOW

24 Month2

 

$1,000

 

$1,000

 

0.95%

 

0.95%

Monthly

36 Month2

 

$1,000

 

$1,000

 

1.10%

 

1.11%

Monthly

 
   

$10,000

 

$10,000

 

1.15%

 

1.16%

48 Month2

 

$1,000

 

$1,000

 

1.25%

 

1.26%

Monthly

   

$10,000

 

$10,000

 

1.30%

 

1.31%

60 Month2

 

$1,000

 

$1,000

 

1.45%

 

1.46%

Monthly

 
   

$10,000

 

$10,000

 

1.50%

 

1.51%

Substantial penalty for early withdrawal from certificates of deposit. Rates subject to change. Annual percentage yield assumes rate remains the same for one year on maturities less than one year and that interest is added to the principal on all accounts. Ask for more information about these accounts. At maturity, certificates renew for the rate and term in effect for that maturity range. Automatically renewable certificates are excluded from any special offering at the time of the renewal.
1 - Daily Balance (the amount of principal in the account each day)
2 - On tiered rate products, interest is calculated and paid on the entire balance in your account
A - Applies Only to Promotional CD Terms ( 7, 13, and 19 mos) Limited time offer that may be withdrawn at any time, cannot be combined with any other offer or rate enhancements, and is open to individuals and select business types in Illinois (see a Banker for details). Annual Percentage Yield (APY) is valid as of 09/09/19 and assumes monthly compounding. Minimum balance to open this Certificate of Deposit (CD) and earn stated APY is $1,000. IRAs are eligible. New money only. New money is defined as money not on deposit with Inland Bank at or within 90 days prior to account opening. Money must remain on deposit for length of time specified to earn stated APY. Penalty for early withdrawal. Fees may reduce account earnings. No brokered deposits.  

B -  Upon maturity, this CD will automatically renew in 6-month intervals earning the then current APY of the traditional 6-month CD.   
C - Upon maturity, this CD will automatically renew in 12-month intervals earning the then current APY of the traditional 12-month CD.   
D
- Upon maturity, this CD will automatically renew in 18-month intervals earning the then current APY of the traditional 18-month CD.  REV090919 
 
REV090919

 

 

Checking

Account Type

Opening
Deposit

Minimum
Balance1

Interest
Rate

Annual
Percentage
Yield2

Compounding
Frequency
 

Rewards Checking 

     OPEN NOW

 *without Interest Reward

$100

All Amounts

 0.05%

 0.05%

Monthly

 *with Interest RewardA

$100 

$0.01 to $25,000

1.79%

1.80%

  

$25,001 and over

0.50%

0.50%

 

Premier Interest Checking3

$1000

$1,000 - $24,999

0.05%

0.05%

MonthlyOPEN NOW
  

$25,000 to $49,999

0.06%

0.06%

  

$50,000 to $99,999

0.08%

0.08%

  

$100,000 and over

0.10%

0.10%

1 - Daily Balance (the amount of principal in the account each day)
2 - Annual Percentage Yield and interest rate may change after the account is opened and fees may reduce earnings.
3 - On tiered rate products, interest is calculated and paid on the entire balance in your account.

A. Rewards  Checking - Rates are subject to change without notice. Minimum balance to open the account is $100. Checking rates are variable and may change after the account is opened. Interest is daily balance method and will be credited to the account on the scheduled statement date. Fees may reduce earnings. Daily balance is the amount of principal in the account each day. Interest reward earned with the following requirements per statement cycle: 15 settled debit card transactions and 1 settled ACH Direct Deposit. Interest is calculated and paid on the portion of the balances that fall within each tier: Rewards Checking earns an interest rate of 1.79% only for that portion of your daily balance between $0.01 and $25,000. The APY for this tier will be 1.80%. An interest rate of 0.50% will be paid only for that portion of your daily balance $25,000.01 and above. The APY for this tier will range from 0.50% to 1.80% depending on the balance in the account. One account per Social Security Number.

Savings

Account Type

Opening
Deposit

Minimum
Balance

Interest
Rate1

Annual
Percentage
Yield1

Compounding
Frequency
 

Simply Savings

$100

$0.01

0.10%

0.10%

QuarterlyOPEN NOW

Young Banker Savings2

$25

$0.01

0.50%

0.50%

QuarterlyCONTACT US

Fresh Start Savings

$25 

$0.01

0.10%

0.10%

QuarterlyCONTACT US

IRA Savings

$250$0.010.10%0.10%QuarterlyCONTACT US

1 - Annual Percentage Yield and interest rate may change after the account is opened and fees may reduce earnings.
2 - Young Banker Accounts are available from newborn to age 18. Account is an UTMA account which can be opened by a parent or legal guardian as custodian.

Money Market

Account Type

Opening
Deposit

Minimum
Balance

Interest
Rate2

Annual
Percentage
Yield2

Compounding
Frequency
 

Premier Money Market1

$2,500 

$2,500 to $24,999

0.20%

0.20%

MonthlyOPEN NOW
  

$25,000 to $99,999

0.25%

0.25%

  

$100,000 to $249,999

0.30%

0.30%

  

$250,000 to $999,999

0.35%

0.35%

  

$1,000,000 and over

0.40%

0.40%

Prime Money MarketA

$10,000 

$10,000 and over

1.74%

1.75%

MonthlyOPEN NOW
1- On tiered rate products, interest is calculated and paid on the entire balance in your account.
2 - Annual Percentage Yield and interest rate may change after the account is opened and fees may reduce earnings.
A - Available to non-business accounts. New money only. New money is defined as money not on deposit with Inland Bank at or within 90 days prior to account opening. $10,000 minimum deposit required to open account. $10,000 minimum daily balance required to obtain the stated Annual Percentage Yield (APY) and avoid $25 monthly service charge. (See rate tiers below) Variable rate tiered product. Interest is calculated and paid on the entire balance in your account. We may change the interest rate and annual percentage yield (APY) on the first business day of each month, excluding federal holidays. Rates are accurate as of 10/01/19 and tiers are: Tier One $0-$9,999 = 0.00% APY / Interest Rate of 0.00%; Tier Two $10,000 and up = APY of 1.75% (which also happens to be 35.00% of Wall Street Journal Prime) / Interest Rate = 1.74%. Other activity restrictions and fees may apply, see our New Account Disclosure and Fee Schedule for Terms and Conditions, ask a banker for details. Fees could reduce earnings. ACCOUNT MUST MAINTAIN A COMPANION CHECKING ACCOUNT – Prime Money Market Account Holders are required to maintain a qualifying companion checking account(s) with a $1,000 minimum daily balance. If the minimum daily balance in the qualifying companion checking account(s) falls below the $1,000 during any one day of the current cycle, the Prime Money Market account will be assessed a $25 Companion Checking Low Balance Fee. If there ceases to be any companion checking account(s) to the Prime Money Market, the Prime Money Market may be converted to the Premier Money Market at the current rate within 30 days of the event. REV100119

Health Savings

Account TypeOpening
Deposit
Minimum
Balance
1
Interest
Rate3
Annual
Percentage
Yield3
 

Health Savings

$100

$0.01 to $999.99

0.10%

0.10%

OPEN NOW
  

$1,000 to $4,999

0.15%

0.15%

  

$5,000 to $49,999

0.20%

0.20%

  

$50,000 to $99,999

0.25%

0.25%

  

$100,000 and over

0.30%

0.30%

HSA Advantage2

$100 

$0.01 to $999.99

0.10%

0.10%

OPEN NOW
  

$1,000 to $4,999

0.15%

0.15%

  

$5,000 to $49,999

0.20%

0.20%

  

$50,000 to $99,999

0.25%

0.25%

  

$100,000 and over

0.30%

0.30%

1 - On tiered rate products, interest is calculated and paid on the entire balance in your account.
2 - Refer to new account disclosures. Funds in the investment portion of your HSA Advantage Account are not FDIC insured, may lose value and are not bank guaranteed. Please see banker for details.
3- Annual Percentage Yield and interest rate may change after the account is opened and fees may reduce earnings.
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