Savings & Deposit Rates 

Deposit AccountAPYInterest RateCompound FrequencyMinimum Balance
Passbook Savings0.050.05Quarterly$90 minimum to open & avoid fees
Money Market0.050.05Monthly$1,000 minimum to open & avoid fees
High Yield Money Market1.061.05Monthly$25,000 minimum to open & avoid fees
NOW0.050.05Monthly$175 minimum to open & avoid fees
State Club0.050.05MonthlyNo 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
  • All interest rates shown above are subject to change without notice


Certificate of Deposit Rates 


Certificate TermAPYInterest Rate
32 - 90 Days0.250..25
3 Months0.300.30
6 Months0.300.30
12 Month0.350.35
18 Month0.400.40
24 Month0.550.55
30 Month0.600.60
36 Month0.800.80
48 Month0.950.95
60 Month1.261.25
72 Month1.361.35
16 Month Special ($2,500 min.)1.261.25
IRA - 18 Month1.361.35
39 Month Special ($2,500 min.)1.901.89

  • 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
  • All interest rates shown above are subject to change without notice

Mortgage Rates 


Fixed Rate Mortgages - Owner Occupied
30 Year Fixed Rate5.0004.875
Annual Percentage Rate (APR)5.0815.045
20 Year Fixed Rate4.8754.750
Annual Percentage Rate (APR)4.9854.980
15 Year Fixed Rate4.5004.375
Annual Percentage Rate (APR)4.5634.589

Residential Construction Loans
Term up to 120 Days4.500 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
  • Jumbo Mortgages (over $417,000.00)
  • Balloon Mortgages
  • Adjustable Rate Loans
  • Bi-Weekly Payment Programs
  • 2nd Mortgage Loans
  • Home Equity Lines of Credit
  • Agricultural Loans
  • Commercial Mortgages
  • Vacant Land and Lot Loans

Why Choose The River Falls State Bank for Your Mortgage Loan Needs?
  • Fast, Easy and Free Mortgage Prequalification
  • No Loan Application Fee
Call or see one of our loan officers for more information on loan products, terms, & down payment options!!!!
  •  Low Closing Costs
  •  Quick Approval
  • 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.