The Bank of Cashton is currently offering the following deposit interest bearing accounts to fit your needs.
This product is for those people who are looking for an FDIC insured account that offers competitive interest rates on low account balances. This is a great option for first-time savers or anyone who wants convenient access to their money while it earns interest. Interest is credited to this account quarterly.
MONEY MARKET ACCOUNT
For those investors that are looking for a higher interest rate than a savings account and an account which would keep savings instantly available, our Money Market account is the investment for you. You may deposit or withdraw your money anytime, in any amount. However, during any calendar month or statement cycle of at least four weeks, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction. The six transfers may be made by check, draft, debit card (if applicable) or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the Bank of Cashton. This account has a $1,000 minimum balance that must be maintained for the statement cycle in order to avoid a service fee and to obtain the APY. Interest is credited to this account monthly.
For current rates and Annual Percentage Yields on these accounts, please see the rates page.