Rates

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APY = Annual Percentage Yield.
Rates effective as of July 3, 2017.
Fees may reduce earnings.

48-month Rising Rate CD/IRA Special

Account OfferedInterest RateAPY*Minimum Opening BalanceMinimum Balance to Obtain APY*
Year 1* 1.00% 1.00% $1,000.00 $1,000.00
Year 2* 1.34% 1.35% $1,000.00 $1,000.00
Year 3* 1.68% 1.69% $1,000.00 $1,000.00
Year 4* 2.02% 2.04% $1,000.00 $1,000.00
Blended* 1.51% 1.52% $1,000.00 $1,000.00

*Annual Percentage Rate (APY) effective as of February 1, 2017. Interest rates are set at the time the CD/IRA is opened and cannot change. Blended Annual Percentage Yield (APY) assumes principal and interest remain on deposit for the term of the certificate or IRA. Interest is compounded quarterly. Penalty will be imposed for early withdrawal. Advertised rate and APY are offered at the bank’s discretion and may change daily. Fees could reduce earning on the account. $1,000 minimum opening deposit/minimum balance up to a maximum of $249,999.99. Rates apply to the initial term only. The CD/IRA is automatically renewed into a Standard CD/IRA closest to without exceeding the non-standard term at maturity.

CD Specials

Account OfferedInterest RateAPY*Minimum Opening BalanceMinimum Balance to Obtain APY*
10 Months with 12 Month Renewal 1.00% 1.00% $5,000.00 $5,000.00
15 Months with 18 Month Renewal* 1.29% 1.30% $5,000.00 $5,000.00
30 Months with 36 Month Renewal* 1.44% 1.45% $5,000.00 $5,000.00
66 Months with 60 Month Renewal 2.03% 2.05% $5,000.00 $5,000.00

*A maximum initial deposit of $100,000.00 per customer.  An active Denmark State Bank Checking account is required to open CD/IRA.

**Limit of $250,000.00 per ownership type.

Penalty for early withdrawal may apply

Savings

Account OfferedInterest RateAPY*Minimum Opening BalanceMinimum Balance to Obtain APY*
Regular Savings 0.05% 0.05% $200.00 $200.00
Holiday Club 0.05% 0.05% $0.00 $0.00

Every Single Day Savings

Account OfferedInterest RateAPY*Minimum Opening BalanceMinimum Balance to Obtain APY*
Up to $10,000.00 0.30% 0.30% $100.00 $0.00
Above $10,000.00 0.25% 0.30% - 0.25% $10,000.00
If qualifications are not met 0.05% 0.05% $0.00

To earn your rewards, simply do the following activities and transactions in your Active Performance Checking account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle to your account (per qualification cycle)
  • Receive monthly eStatements
  • Access Online Banking at least once (per qualification cycle). Access is required by an account owner.

Business Money Market

Account OfferedInterest RateAPY*Minimum Opening BalanceMinimum Balance to Obtain APY*
$0.00 - $9,999.99 0.15% 0.15% $1,000.00 $1,000.00
$10,000.00 and above 0.30% 0.30% $10,000.00

Personal Money Market

Account OfferedInterest RateAPY*Minimum Opening BalanceMinimum Balance to Obtain APY*
$0.00 - $9,999.99 0.05% 0.05% $1,000.00 $1,000.00
$10,000.00 - $24,999.99 0.10% 0.10% $10,000.00
$25,000.00 - $49,999.99 0.15% 0.15% $25,000.00
$50,000.00 - $99,999.99 0.22% 0.22% $50,000.00
$100,000.00 - $249,999.99 0.30% 0.30% $100,000.00
$250,000.00 and above 0.35% 0.35% $250,000.00

Checking Accounts

Account OfferedInterest RateAPY*Minimum Opening BalanceMinimum Balance to Obtain APY*
Relationship Advantage 0.05% 0.05% $1,000.00 $1,000.00

Active Performance Checking

Account OfferedInterest RateAPY*Minimum Opening BalanceMinimum Balance to Obtain APY*
Up to $10,000.00 1.98% 2.00% $100.00 $0.00
Above $10,000.00 0.25% 2.00% - 0.41% $10,000.00
If qualifications are not met 0.05% 0.05% $0.00

To earn your rewards, simply do the following activities and transactions in your Active Performance Checking account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle to your account (per qualification cycle)
  • Receive monthly eStatements
  • Access Online Banking at least once (per qualification cycle). Access is required by an account owner.

Business Checking Accounts

Account OfferedInterest RateAPY*Minimum Opening BalanceMinimum Balance to Obtain APY*
Business NOW  0.05% 0.05% $0.00 $0.00

CDs

Account OfferedInterest RateAPY*Minimum Opening BalanceMinimum Balance to Obtain APY*
7 to 89 Day 0.10% 0.10% $2,500.00 $2,500.00
90 to 181 Day 0.10% 0.10% $2,500.00 $2,500.00
182 to 364 Day 0.15% 0.15% $2,500.00 $2,500.00
6 Month IRA 0.15% 0.15% $2,500.00 $2,500.00
9 Month 0.20% 0.20% $500.00 $500.00
12 Month 0.25% 0.25% $500.00 $500.00
18 Month 0.35% 0.35% $500.00 $500.00
2 Year 0.45% 0.45% $500.00 $500.00
3 Year 0.75% 0.75% $500.00 $500.00
4 Year 1.00% 1.00% $500.00 $500.00
5 Year 1.40% 1.40% $500.00 $500.00
Money Market IRA 0.30% 0.30% $100.00 $100.00

Penalty for early withdrawal may apply

IRAs

Account OfferedInterest RateAPY*Minimum Opening BalanceMinimum Balance to Obtain APY*
6 Month IRA 0.15% 0.15% $2,500.00 $2,500.00
9 Month 0.25% 0.25% $500.00 $500.00
12 Month 0.25% 0.25% $500.00 $500.00
18 Month 0.50% 0.50% $500.00 $500.00
2 Year 0.50% 0.50% $500.00 $500.00
3 Year 0.75% 0.75% $500.00 $500.00
4 Year 1.00% 1.00% $500.00 $500.00
5 Year 1.40% 1.40% $500.00 $500.00
Money Market IRA 0.30% 0.30% $100.00 $100.00

Please consult with your Tax advisor

HSA

Account OfferedInterest RateAPY*Minimum Opening BalanceMinimum Balance to Obtain APY*
$0.00 to $999.99 0.10% 0.10% $0.00 $0.00
$1,000.00 to $4,999.99 0.15% 0.15% $1,000.00
$5,000.00 to $9,999.99 0.25% 0.25% $5,000.00
$10,000.00 and above 0.30% 0.30% $10,000.00

Annual percentage yield is based on principal plus interest reinvested at the same rate with interest compounded monthly or quarterly. (Regular Savings Accounts are compounded quarterly; Holiday Club accounts are not compounded. The Money Market IRA compounds and credits monthly). Substantial penalty for early withdrawal on all certificates and all IRA time deposits. The interest and annual percentage yield are accurate as of the date shown above. Rates are subject to change. Fees may reduce earnings. Please call (920) 863-2161 to obtain current rate information.

ADDITIONAL INFORMATION AVAILABLE UPON REQUEST. Member FDIC

Please consult with your Tax advisor