Have Reassurance of a Fixed Interest Rate.
State Bank of Newburg understands the investments goals of individuals looking to set money aside with the reassurance of a fixed interest rate. We offer a variety of CD accounts to accommodate those goals.
Phone: (262) 675-2306 | Email: sbon@newburg.bank
Routing Number: 075907552
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State Bank of Newburg understands the investments goals of individuals looking to set money aside with the reassurance of a fixed interest rate. We offer a variety of CD accounts to accommodate those goals.
| Product | Minimum Opening Balance | Interest Will Be Credited | Interest Rate | Annual Percentage Yield (APY) | Fixed Rate or Variable Rate |
|---|---|---|---|---|---|
3 mo Certificate | $1,000.00 | At Maturity - under $10,000 | 0.20% | 0.20% | Fixed |
6 mo Certificate | $1,000.00 | At Maturity - under $10,000 | 0.30% | 0.30% | Fixed |
12 mo Certificate | $500.00 | At Maturity - under $10,000 | 0.40% | 0.40% | Fixed |
24 mo Certificate | $500.00 | Annually - under $10,000 | 0.50% | 0.50% | Fixed |
36 mo Certificate | $500.00 | Annually - under $10,000 | 0.65% | 0.65% | Fixed |
60 mo Certificate | $500.00 | Annually - under $10,000 | 0.80% | 0.80% | Fixed |
Classic IRA | $500.00 | Quarterly | 2.00% | 2.02% | Variable |
18 mo Variable Rate IRA | $500.00 | Quarterly | 1.00% | 1.00% | Variable |
A penalty may be imposed for early withdrawal.
Annual percentage yield is accurate as of 6/8/2021.
Fees could reduce the earnings on the accounts.
Full disclosures of all products provided at time of account opening or upon request.