Minimum Balance Requirement$1,000
Minimum Balance to Open$1,000
Interest CompoundedDaily
Interest CreditedMonthly
Preauthorized Transaction Limits6 per month
ATM CardYes
Debit CardNo
This high yielding interest-bearing savings account also offers limited check writing ability. The account receives monthly statements, with the interest rate tiered based on the balance. Restrictions apply on the number of electronic fund transfers, and there is a minimum daily balance of $1,000 to avoid fees.

BalanceInterest RateAverage Percentage Yield (APY)
$1,000.00 to $9,999.990.10%0.10%
$10,000.00 to $25,000.000.15%0.15%
$25,000.01 to $50,000.000.20%0.20%
$50,000.01 to $75,000.000.21%0.21%
$75,000.01 to $200,000.000.22%0.22%
$200,000.01 to $300,000.000.23%0.23%
Over $300,000.000.24%0.24%
Interest rates and annual percentage yields quoted above are as of March 30, 2020, and are subject to change without notice. Please call Clay County Savings Bank's rate line, (816) 407-4099, for current interest rates on Money Market accounts. A $7.50 service charge applies if the balance falls below $1,000 at any time during the statement cycle for Money Market accounts. Preauthorized transactions are customer-directed transfers such as for telephone transfers between accounts, loan payments, insurance or other electronic fund transfers and they also include transfers to another account to cover non-sufficient funds. A $10 monthly fee will apply for exceeding preauthorized transfer limits. These limitations are established by federal regulations.

Fees may reduce earnings.