Deposit rates effective 12/14/2017.


Less than $25,000 3.44% 3.50%
$25,001 and up 0.10% 1.80% to 3.50%**
Non-Qualifying 0.05%


Checking and Savings Accounts
FDIC Insured. APY = Annual Percentage Yield. Rates may vary. Fees could reduce earnings.


Interest on Accounts (Checking and Savings)
You must maintain the daily balances listed each day of the statement cycle to obtain the disclosed annual percentage yield. Interest rates are paid on the entire balance each day at the interest rate in effect for that balance tier. We use the daily-balance-method to calculate interest payments on your account. This method applies a daily periodic rate to principal balance in your account each day. Non-cash items (e.g. checks) you deposit into your account begin to earn interest on the business day we receive credit. Your interest rate and annual percentage yield may change. Fees could reduce earnings on your account. At our discretion, we may change the interest rate on your account at any time. For current APY information, call us at (712) 737-4911 in Orange City, or (712) 324-5141 in Sheldon. For more information on account fees or account qualifications, see the current Truth in Savings Disclosure for Fees, Services and Information.

*Interest rates in the Preferred Rewards Checking account are paid using the average-daily-balance method. For more information how interest is calculated, see the Preferred Rewards Checking Disclosure.

**For accounts that met the qualifications during the statement period, an interest rate of 3.44% will be paid on the entire balance with an APY of 3.50% if your average daily balance is $25,000 or less. An interest rate of .10% will be paid only for that portion of your average daily balance that is greater than $25,000. The APY for this tier will range from 1.80% to 3.50% depending on the balance in the account. This range is calculated using a hypothetical average balance of $50,000. For accounts that do not meet the account qualifications, 0.05% APY is paid on the entire average daily balance. All features of this account are subject to change at the bank's discretion at any time. If you close your account before interest is credited, you will not receive the accrued interest.


Personal Statement Savings 0.05% 0.05%
MMGA Savings - $100,000 and over 0.25 0.25
MMGA Savings - $50,000-$99,999.99 0.15 0.15
MMGA Savings - $25,000-$49,999.99 0.10 0.10

MMGA Savings - $24,999.99 and under

0.05 0.05



Minimum of $1,000 opening deposit.
*Minimum of $5,000 opening deposit.
Rates effective 12/11/2017.

91 Day 0.10% 0.10%
182 Day 0.15% 0.15%
8 Month 0.20% 0.20%
10 Month 0.25% 0.25%
12 Month 0.35% 0.35%
14 Month 0.45% 0.45%
18 Month 0.60% 0.60%
18 Month* 1.74% 1.75%
24 Month 0.75% 0.75%
30 Month** 1.49% 1.50%
36 Month*** 2.14% 2.15%
4 Year 1.15% 1.15%
5 Year 1.25% 1.25%


Certificate of Deposits
Automatically renewed CDs will default to the regular rate.
**30 Month Certificates of Deposit - Additional Rate Information - Step up option after the first 15 months, during the initial 30 month term. Customer is allowed a one-time rate increase to the current 30 month rate as of the date of the customer's request.

***36 Month Certificates of Deposit - For consumer customers only. Rate is available to new or existing customers. New money only. Limited time offer.

Penalties for Early Withdrawal:
Term Penalty
1-91 Days: The greater of 7 days interest or the accrued interest on the amount withdrawn.
92 Days - 12 Months: 91 days of interest
Over 12 Months: 182 days of interest


Variable Rate 0.40% 0.40%
Fixed Rate Same Terms & Rates apply as CDs Same Terms & Rates apply as CDs


Rates may change after account is opened. Effective through calendar quarter.