Rates

Rates effective as of 08/31/2016. All deposit account rates are subject to change without notice. Contact us for more information.

Certificates of Deposit (all CDs are subject to a penalty for early withdrawal)

Promotional CDs
Term Minimum Deposit to Open Annual Interest Rate Annual Percentage Yield
(Quarterly Compound)
12 month $500 0.40% 0.40%
36 month  0.80% 0.80%
60 month 1.30% 1.31%

 

Fixed Rate/Variable Maturity CDs and “Stack” CDs
Term Minimum Deposit to Open Annual Interest Rate Annual Percentage Yield
(Quarterly Compound)
1 month $500 0.10% 0.10%
3 month 0.10% 0.10%
6 month 0.25% 0.25%
12 month 0.35% 0.35%
24 month 0.50% 0.50%
36 month 0.75% 0.75%
48 month 0.85% 0.85%
60 month 1.15% 1.15%
1 month $100,000 0.15% 0.15%
3 month 0.15% 0.15%
6 month 0.30% 0.30%
12 month 0.40% 0.40%
24 month 0.55% 0.55%
36 month 0.80% 0.80%
48 month 0.90% 0.90%
60 month 1.20%  1.21%

Money Market, Savings, and NOW Accounts

Consumer Money Market Accounts
Monthly service fees may reduce earnings. Rate may change after account is opened.
Available
Balance
Minimum Deposit to Open Annual Interest Rate Annual Percentage Yield
(Monthly Compound)
$250,000 and above $2,500 0.20% 0.20%
$100,000 – $249,999 0.15% 0.15%
$25,000 – $99,999 0.10% 0.10%
$10,000 – $24,999 0.05% 0.05%
$1,000 – $9,999 0.05% 0.05%
$0 – $999 0.05% 0.05%
$250,000 and above $25,000 0.30% 0.30%
$100,000 – $249,999 0.25% 0.25%
$25,000 – $99,999 0.20% 0.20%
$10,000 – $24,999 0.15% 0.15%
$1,000 – $9,999 0.15% 0.15%
$0 – $999 0.15% 0.15%

 

Savings Accounts
Monthly service fees may reduce earnings. Rate may change after account is opened.
Product Interest Paid on
Balances Above
Annual Interest Rate Annual Percentage Yield
(Monthly Compound, Except Where Noted)
Kasasa Saver $0 0.75% 0.75%
$250,000 0.75% – 0.50% 0.75% – 0.50%
Basic Savings $0 0.10% 0.10%
(quarterly compound)
Flex IRA
(variable at 60% of the
current WSJ Prime rate,
limited to the weekly
FDIC Cap)
$100 0.81% 0.81%

 

Interest Bearing Checking Accounts
Monthly service fees may reduce earnings. Rate may change after account is opened.
Product Interest Paid on
Balances Above
Annual Interest Rate Annual Percentage Yield
(Monthly Compound)
Kasasa Cash $0 2.13% 2.15%
$10,000 2.13% – 0.83% 2.15% – 0.83%
Nonprofit NOW $0 0.20% 0.20%
$50,000 0.20% 0.20%
$100,000 0.25% 0.25%
$250,000 0.30% 0.30%
$500,000 0.35% 0.35%
$1,000,000 0.40% 0.40%

 

First Place Checking, Super Senior NOW, First Pro Checking Accounts
Monthly service fees may reduce earnings. Rate may change after account is opened.
Available
Balance
Minimum Deposit to Open Annual Interest Rate Annual Percentage Yield
(Quarterly Compound)
$250,000 and above $100 0.25% 0.25%
$100,000 – $249,999 0.20% 0.20%
$25,000 – $99,999 0.15% 0.15%
$10,000 – $24,999 0.10% 0.10%
$1,000 – $9,999 0.10% 0.10%
$0 – $999 0.10% 0.10%

 

Private Banking NOW Accounts
Monthly service fees may reduce earnings. Rate may change after account is opened.
Available Balance Minimum Deposit to Open Annual Interest Rate Annual Percentage Yield
(Quarterly Compound)
$250,000 and above $100 0.25% 0.25%
$100,000 – $249,999 0.20% 0.20%
$25,000 – $99,999 0.15% 0.15%
$10,000 – $24,999 0.10% 0.10%
$1,000 – $9,999 0.10% 0.10%
$0 – $999 0.10% 0.10%

See First Utah Bank Consumer and Commercial Account Disclosures for additional product information.