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 a term of six months or longer and qualify for a high-yield Companion Savings Account of equal or lesser deposit value.

That's a win-win!

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 *5.12% APY. Rate is current as of 4/4/24; 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. Rate may vary. APY is accurate as of 4/4/24. Companion Deposit Account must be opened or funded the same day as the associated time deposit (CD). Interest will be compounded monthly, credited monthly. Minimum balance of .01 to obtain the disclosed APY. Fees may reduce earnings. Unlimited in-person withdrawals. Personal accounts only. Member FDIC. 

Building Iowa

since 1856