Deposit Interest Rates

View our deposit interest rates for each type of account. These rates are effective as of October 5, 2023.

 

 Checking Accounts

AccountMinimum Balance to Open AccountMinimum Balance to Obtain APYInterest RateAnnual Percentage Yield
Riverland Interest Checking 1, 2, 3$500.00$.01.05%.05%
Riverland 50 PLUS Checking 1, 3$100.00$.01.10%.10%
Non-Profit Checking 1, 2Non-Profit Checking I: $500.00
Non-Profit Checking II: $1,000.00		$.01 – $9,999.99
$10,000.00 – $49,999.99
$50,000.00 - $99,999.99
$100,000.00 – and above		.50%
1.00%
1.50%
2.00%		.50%
1.00%
1.51%
2.01%

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. 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. $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: $1,000.00.25%.25%
$10,000.00 - $24,999.99-.50%.50%
$25,000.00 - $49,999.99-.75%.75%
$50,000.00 - $99,999.99-.85%.85%
$100,000.00 - $249,999.99-1.00%1.00%
$250,000.00 and above-1.25%1.25%

This is a variable rate account; the interest rate and annual percentage yield may change after the account is opened. Fees may reduce earnings. 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 Month4.50%4.58%
6 Month5.00%5.06%
12 Month5.25%5.25%
18 Month5.00%5.00%
24 Month4.75%4.75%
30 Month4.65%4.65%
36 Month4.50%4.50%
48 Month4.35%4.35%
60 Month4.25%4.25%

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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