Savings Rates First State Bank of Porter

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Savings Rates

Savings AccountsMinimum Balance to Open Obtain APYInt RateAPY*
Money Market** $1,000.00 -0-

no

no

no

Tier 1 $24,999.99 and under 0.07% 0.07%

no

Tier 2 $25,000.00- $99,999.99 0.15% 0.15%

no

Tier 3 $100,000.00 and above 0.25% 0.25%
Health Savings Acct** $100 $100.00 and above 0.10% 0.10%
Everyday Svg.** $100 $0.01 and above 0.05% 0.05%
Elite Savings** Tier 1 $24,999.99 and under 0.07% 0.07%

no

Tier 2 $25,000.00 - $99,999.99 0.20% 0.20%

no

Tier 3 $100,000.00 and above 0.30% 0.30%

*APY=Annual Percentage Yield.  APY assumes Interest and Principal will remain on deposit until maturity.  **=Variable Rate Account. Rate may change after the account is opened. We use the Daily Balance Computation Method to calculate interest in your account. This method applies a daily periodic rate to the principal in the account each day. A withdrawal will reduce earnings. See Account Disclosure for full details. Interest rates/APYs available as of April 10, 2024. Subject to change at any time.