Savings & Deposit Rates (effective as of 5/17/13)
| Deposit Account | APY | Interest Rate | Compound Frequency | Minimum Balance |
| Passbook Savings | 0.05 | 0.05 | Quarterly | $90 minimum to open & avoid fees |
| Money Market | 0.05 | 0.05 | Monthly | $1,000 minimum to open & avoid fees |
| High Yield Money Market | 0.20 | 0.20 | Monthly | $25,000 minimum to open & avoid fees |
| NOW | 0.05 | 0.05 | Monthly | $175 minimum to open & avoid fees |
| State Club | 0.05 | 0.05 | Monthly | No minimum to open & avoid fees |
- Fees may reduce earnings on these accounts
- All accounts shown above are variable interest bearing accounts. Interest rates can change after account is opened
Certificate of Deposit Rates (effective as of 5/17/13)
| Certificates of Deposit | Jumbo Certificates | |||||
| Certificate Term | Amounts up to $49,999.99 | Amounts from $50,000.00 to $99,999.99 | Amounts of $100,000.00 and over | |||
| APY | Interest Rate | APY | Interest Rate | APY | Interest Rate | |
| 32 - 90 Days | 0.05 | 0.05 | 0.10 | 0.10 | 0.15 | 0.15 |
| 3 Months | 0.10 | 0.10 | 0.15 | 0.15 | 0.20 | 0.20 |
| 6 Months | 0.10 | 0.10 | 0.15 | 0.15 | 0.20 | 0.20 |
| 12 Month | 0.15 | 0.15 | 0.20 | 0.20 | 0.25 | 0.25 |
| 18 Month | 0.20 | 0.20 | 0.25 | 0.25 | 0.30 | 0.30 |
| 24 Month | 0.25 | 0.25 | 0.30 | 0.30 | 0.35 | 0.35 |
| 30 Month | 0.30 | 0.30 | 0.35 | 0.35 | 0.40 | 0.40 |
| 36 Month | 0.40 | 0.40 | 0.45 | 0.45 | 0.50 | 0.50 |
| 48 Month | 0.55 | 0.55 | 0.60 | 0.60 | 0.65 | 0.65 |
| 60 Month | 0.85 | 0.85 | 0.90 | 0.90 | 0.95 | 0.95 |
| 72 Month | 0.95 | 0.95 | 1.00 | 1.00 | 1.05 | 1.05 |
| 13 Month Special ($2,500 min.) | 0.30 | 0.30 | 0.35 | 0.35 | 0.40 | 0.40 |
| 33 Month Special ($2,500 min.) | 0.75 | 0.75 | 0.80 | 0.80 | 0.85 | 0.85 |
| IRA - 18 Month | 0.20 | 0.20 | 0.25 | 0.25 | 0.30 | 0.30 |
- All Certificate of Deposit (CD) rates shown above are fixed rates
- $500 minimum balance required to open a Certificate
- Dollar ranges shown above indicate the minimum and maximum amounts to open a Certificate with the specific rate shown in each column
- Annual Percentage Yield (APY) as shown above is based on quarterly compounding of interest
- Certificates with an original maturity of one year or less have an early withdrawal penalty of an amount equal to 3 months interest
- Certificates with an original maturity of more than one year have an early penalty of an amount equal to 6 months interest
- Other IRA rates are available
Mortgage Rates (effective as of 5/17/13)
| Fixed Rate Mortgages - Owner Occupied | ||
| Rate with No Points | Rate with One Point | |
| 30 Year Fixed Rate | 3.625 | 3.500 |
| Annual Percentage Rate (APR) | 3.675 | 3.632 |
| 20 Year Fixed Rate | 3.375 | 3.250 |
| Annual Percentage Rate (APR) | 3.445 | 3.433 |
| 15 Year Fixed Rate | 2.750 | 2.625 |
| Annual Percentage Rate (APR) | 2.803 | 2.822 |
| First-Time Homebuyers | ||
| WHEDA Rate (30-year fixed) | 3.625 | N/A |
| Annual Percentage Rate (APR) | 3.713 | N/A |
| Residential Construction Loans | |
| Term up to 120 Days | 4.500 Interest Rate |
All interest rates and Annual Percentage Rates (APRs) shown above are subject to change without notice. Please see additional disclosures at the bottom of this page.
| Other Real Estate Mortgages Available | |
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| Why Choose The River Falls State Bank for Your Mortgage Loan Needs? | |
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Disclosures:
- The mortgage rates published on this website are the current rates for a single-family, primary residence based on a 30-day lock period, a credit score of 740, and are subject to change without notice. In order to receive a guaranteed rate, you must have applied for a mortgage loan through River Falls State Bank and received a verbal confirmation from a loan officer that your desired rate is locked. Your guaranteed mortgage interest rate will depend on factors such as current market conditions, loan product, property type, occupancy, credit score, loan-to-value ratio and the use of subordinate financing. This statement of current loan terms and conditions is not an offer to enter into an interest rate agreement.
- Annual Percentage Rate (APR) calculation assumes a 20% down payment. If the down payment is less than 20%, mortgage insurance may be needed on the loan. This could increase the monthly payment and the APR.
- For more information on products or rates not listed on this site, please contact us at (715) 425-6782 or (866) 737-2669.
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