Available nationwide, Kansas State Bank if currently offering a 2.85% APY Rate for a 18-Month Jumbo CD and other CD specials. They have plenty of CD terms that go from a 1 Year term to 7 Year term. In addition, they offer Jump-Up and Jumbo CDs.
There is a $500 minimum for standard CDs, a $1,000 minimum deposit requirement for the Jump-Up CD, and a $100,000 minimum deposit for the Jumbo CD. Be aware that the higher the term length, the higher your returns. Your every deposit will be FDIC-insured per depositor to $250,000, the maximum allowed by law.
Kansas State Bank Certificate of Deposit Summary
- Direct Link to Offer
- Account Type: CD account
- Standard CD APY Rates:
- 2.65%– 1 Year CD
- 3.00%– 2 Year CD
- 3.15%– 3 Year CD
- 3.30%– 4 Year CD
- 3.40%– 5 Year CD
- 3.45%– 7 Year CD
- Jumbo CD APY Rates:
- 2.65%– 1 Year Jumbo CD
- 2.85%– 18 Month Jumbo CD
- 3.00%– 2 Year Jumbo CD
- 3.15%– 3 Year Jumbo CD
- 3.30%– 4 Year Jumbo CD
- 3.40%– 5 Year Jumbo CD
- Jump Up CD APY Rates:
- 2.90%– 27 Month Jump Up CD
- Availability: Nationwide
- Soft/Hard Pull: Unknown
- Minimum Balance Requirement: $500 for Standard CD; $1,000 minimum for Jump-Up CD, $100,000 for Jumbo
- Early Withdrawal Fee: You may face a penalty if you withdraw before the maturity date.
- Auto-Renewal: Certificates of Deposit will automatically renew.
Kansas State Bank Best CD Rate
Kansas State Bank doesn’t necessarily have the best shorter termed CD rates, in fact, they don’t even have a 6 month’s CD term, however, straying from conventional CDs, they offer CD terms from 1 year to 7 years. Collectively, Kansas State Bank satisfies the Best CD Rates within their 18 month CDs, 2 Year CDs,and 3 Year CDs. Note that rates do fluctuate quite unpredictably, so if you’re interested, be sure to lock in a rate as soon as possible!
Kansas State Bank CD Account Features
- Rates are compounded daily
- Jump Up option allowed one time during term of Jump Up CD
- You may be charged a substantial penalty for early withdrawals
- Minimum Deposit – $500 for Standard CD; $1,000 minimum for Jump-Up CD, $100,000 for Jumbo.
Conclusion
Kansas State Bank gives you 1.70% for their 1 Year CD to 2.45% on a 7 Year CD Term on top of options for Jump-Up and Jumbo CDs. Of all evidence, rates do change, so it could be a viable option to lock in these rates as soon as possible. Jumbos typically require a larger deposit value, in this case, $100,000 vs $500 for a standard CD. You can also take advantage of their Jump-Up CD at a 27 month’s term, just in case if you lock in a term and you want a “Jump Up” when rates increase. Note that your earnings are determined by how much you invest and the term of the CD. However, if you are not currently interested, be sure to see our complete list of the Best National CD Rates for all your banking needs!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
With the American Express® High Yield Savings Account: • Earn 1.90% APY as of 9/15/22 on your deposits. Your High Yield Savings account earns interest daily and is posted to your account monthly. • Links easily with your current bank accounts. No need to switch banks. • FDIC Insured. Your account is insured to at least $250,000 per depositor. • 24/7 Account Access |