FDIC-Insured – Backed by the full faith and credit of the U.S. Government
Rates are subject to change without notice. (Posted 4/29/2026)
Member FDIC
Checking Accounts |
|
Interest Rate |
Annual Percentage Yield (APY) |
|---|---|---|---|
Minimum Opening Deposit = $100 |
Central Choice Premier** |
0.05% |
0.05% |
Central Choice Plus** |
0.05% |
0.05% |
|
Money Market** |
|
|
|
$0 to $2,499.99 |
0.00% |
0.00% |
|
$2,500.00 to $9,999.99 |
0.10% |
0.10% |
|
$10,000.00 to $24,999.99 |
0.25% |
0.25% |
|
$25,000.00 to $99,999.99 |
0.50% |
0.50% |
|
$100,000.00 to $499,999.99 |
0.75% |
0.75% |
|
$500,000.00 and Over |
1.00% |
1.01% |
|
Savings Account** |
|
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Opening Deposit = $200 |
|
0.05% |
0.05% |
Student Savings Account** |
|
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Opening Deposit = $100 |
|
0.05% |
0.05% |
Certificate of Deposits and Retirement Accounts** |
|
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Opening Deposit = $1,000 |
90 - 179 Days |
0.35% |
0.35% |
180 - 364 Days |
0.45% |
0.45% |
|
1 Year |
0.50% |
0.50% |
**The Annual Percentage (APY) information listed is accurate as of the date indicated above. The APY assumes that all interest will remain on deposit until maturity. Fees could reduce earnings on the account. Penalties may be imposed for early withdrawal. The daily balance method is used to calculate the interest. Rates on checking and savings accounts may change after the account is opened.
For complete terms and conditions that apply to your account (i.e., fees, how interest is calculated, and early withdrawal penalties for CDs), please refer to your deposit agreement and fee schedule for your account. For additional information on our products and services, please speak with one of our Financial Service Representatives.
Central Bank & FDIC Deposit Insurance Coverage
At Central Bank, your money is protected and insured by the Federal Deposit Insurance Corporation (FDIC). This coverage provides peace of mind for customers and their account deposits. FDIC insurance covers all deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit. FDIC insurance does not cover other financial products and services that banks may offer, such as stocks, bonds, mutual fund shares, life insurance policies, annuities or securities. The standard FDIC insurance amount is $250,000 per depositor, per insured bank, for each account ownership. The FDIC provides separate coverage for deposits held in different account ownership categories. For additional information regarding how your deposits are protected, visit the FDIC website.