Companion Savings Account

SOME THINGS ARE JUST BETTER TOGETHER!

EARN A COMPETITIVE FIXED RATE ON A NEW CD AND A HIGH APY

ON A COMPANION SAVINGS ACCOUNT, TOO.

Key Features

  • Earns High Interest
  • No Time Commitment
  • Unlimited In-Person Withdrawals
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Saving money and making money go hand in hand at Kerndt Brothers Savings Bank. 

Open a Certificate of Deposit (CD) for $1,000 or more and a term of six months or longer and qualify for a high-yield Companion Savings Account of equal or lesser deposit value.

 

Certificate of Deposit:

  • Earn a competitive fixed rate with guaranteed returns. 
  • Minimum term to qualify for Companion Savings Account is 6 months or longer.
  • Call or visit your local branch for current CD rates. 

Companion Savings Account: 

  • High-yield 3.80% APY current as of 4/8/25. Rate may vary.
  • Deposit value must be equal to or lesser than the CD deposit amount.
  • No deposits allowed after the original open date. 
  • Personal accounts only. 
  • No time commitment. 
  • Unlimited in-person withdrawals.
  • Avoid the $3 monthly maintenance fee with an average daily balance of $50 or more per statement cycle.
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*(APY) Annual Percentage Yield effective as of 4/8/25. Rate subject to change. $1,000 minimum deposit is required to open a new CD. Interest is calculated using the daily balance method. Interest is compounded and credited quarterly. Early withdrawal penalties may apply.

 

Building Iowa

since 1856