RATES
IT'S WORTH THE WAIT
With our Certificate of Deposit products, your patience pays off. Our CDs can earn you up to 5.50% APY* on your deposit. Minimum Deposit in table refers to minimum amount to earn the APY.*
| TERM | APY | MIN DEPOSIT |
|---|---|---|
| 6-month | 5.50% | $500 |
| 9-month | 5.35% | $500 |
| 11-month | 5.00% | $500 |
| 15-month | 5.25% | $500 |
| 24-month | 4.50% | $500 |
A CHECKING ACCOUNT THAT BENEFITS YOU
Our interest-bearing checking account puts your money to work. Earning you up to 0.05% or 0.10%* Annual Percentage Yield (APY)*, depending on your daily balance.1
SAVE LIKE YOU MEAN IT
Take advantage of DR Bank’s Prime Savings account and earn 0.75% or 1.25% APY*, depending on your daily account balance.1,2
THE BEST OF BOTH WORLDS
Get higher yields and more access to your funds with DR Bank's Prime Money Market account.1,2
| APY* | MIN DEPOSIT | |
|---|---|---|
| COMMUNITY CHECKING | N/A | $100 |
| LANDLORD CHECKING | N/A | $0 |
| BUSINESS NOW CHECKING & IOLTA | 0.05% | $500 |
| COMMERCIAL CHECKING | N/A | $500 |
| APY* | MIN DEPOSIT | |
|---|---|---|
| $500 (with minimum of $500 avg daily balance in checking)* | 0.15% | $500 |
| $25,000 (with minimum of $500 avg daily balance in checking)* | 0.20% | $500 |
| $50,000 (with minimum of $500 avg daily balance in checking)* | 0.50% | $500 |
| APY* | MIN DEPOSIT | |
|---|---|---|
| $500 (without minimum of $500 avg daily balance in checking)* | 0.05% | $500 |
| $25,000 (without minimum of $500 avg daily balance in checking)* | 0.10% | $500 |
| $50,000 (with minimum of $500 avg daily balance in checking)* | 0.15% | $500 |
IRA PRIME MONEY MARKET ACCOUNT
See money market account rates above
*Annual Percentage Yields (APYs) are as of 4/30/2024. Minimum of $500 deposit of money required to open the Prime CD and to earn the APY. Substantial penalty for early withdrawal. Fees may reduce earnings on the account. Offer may be withdrawn at any time.
1 Tiered-Rate Feature: Certain accounts may have "tiered-rates". This means that the interest rate and the resulting Annual Percentage Yield you earn will depend on the daily balance in your account. The interest rates and Annual Percentage Yields applicable to each tier are shown above. You will earn the interest rate and Annual Percentage Yield applicable to your daily balance. Fees may reduce earnings.
Current Rates: For rates we are currently offering, call (800)361-5363 on any business day.
Funding Requirement: Account to be funded within 30 days to remain open.
The Annual Percentage Yields (APY) may change at any time without prior notice, before or after the account is opened.
2 Balance Information: Except for Certificates of Deposit, interest begins to accrue on the business day you make a deposit. If you close an account before interest is credited, you will earn the accrued interest. We use the daily balance method to calculate interest on your account. The daily balance method applies a daily periodic rate to the principal in your account each day. The principal balance used to calculate interest is the balance on which interest has begun to accrue. Fees may reduce earnings.
**PRIME CERTIFICATES OF DEPOSIT (CD)
Interest Accrual: For Certificates of Deposit, interest begins to accrue on the business day you open the Certificate of Deposit. We use the daily balance method to calculate interest on your account. The daily balance method applies a daily periodic rate to the principal in your account each day. The principal balance used to calculate interest is the balance on which interest has begun to accrue. Fees may reduce earnings.
Withdrawals: The Annual Percentage Yield assumes interest will remain on deposit until maturity. Any withdrawal of interest prior to maturity will reduce earnings. After the account is opened, you may not make deposits into the account until the maturity date. With limited exceptions, if you withdraw any deposited funds before the maturity date, a penalty will be charged to your account.
Renewal Policy: Your account will automatically renew at maturity to the current rate. You have a grace period of ten (10) calendar days after the maturity date to withdraw the funds without being charged a penalty. If you do not renew the account, interest will not be paid after maturity.
We limit withdrawals and transfers out of your savings and money market savings accounts. You can withdraw or transfer funds from a savings or money market savings account a total of six (6) times per Service Fee Period (such as by automatic or pre-authorized transfers using telephone, online banking, mobile banking, overdraft protection, payments to third parties, wire transfers, checks, and drafts). If you repeatedly exceed these limits, we may close or convert your account to a checking account, which may be a non-interest-bearing checking account.
For more information about applicable fees and terms, refer to the Schedule of Account Features and Charges.