Rates

Rates effective as of May 23, 2014.

*APY=Annual Percentage Yield


Deposit rates featured are accurate as of publication date and subject to change. Rates may change after accounts are opened. Fees may reduce earnings. Accounts may be subject to additional qualifications. Contact a local Equity Bank with questions.

Checking Accounts

ProductAverage Daily Balance Required to Obtain APYInterest RateAPY*
Equity Gold Checking$0 and greater0.03%0.03%
Equity Platinum Checking**$0 - $25,000.001.24%1.25%
$25,000.01 and greater0.05%0.05%***
Community Checking$0 - $4,999.990.03%0.03%
$5,000.00 and greater0.05%0.05%
DBA (Sole Proprietor Checking)$1,000.00 and greater0.05%0.05%

**Platinum accountholder must perform at least 10 debit card transactions per statement cycle to qualify for APY. Each debit card transaction must be hard-posted to the account to be included in the 10 required per statement cycle. ATM transactions do not qualify as debit card transactions. Accountholder must enroll in online banking within 10 days of account opening, and register for eStatements. Paper statements are not permitted for Platinum Checking APY. If account requirements are not met, account reverts to a fallback APY of 0.05% for all balances maintained in the account. Customers limited to one Equity Platinum Checking account per household.


***The interest rate that will be paid for only that portion of the daily balance that is greater than $25,000 is 0.05%. The annual percentage yield for this tier will range from 1.00% to 0.05% depending on the balance in the account.

Savings Accounts

ProductAverage Daily Balance Required to Obtain APYInterest RateAPY*
Equity Gold Savings$0 - $9,999.990.05%0.05%
$10,000.00 - $24,999.990.05%0.05%
$25,000.00 - $49,999.990.05%0.05%
$50,000.00 - $99,999.990.05%0.05%
$100,000.00 and greater0.05%0.05%
Equity ECO SavingsAll Balances0.05%0.05%
Equity Platinum Money Market$0 - $24,999.990.05%0.05%
$25,000.00 - $49,999.990.15%0.15%
$50,000.00 - $99,999.990.20%0.20%
$100,000.00 and greater0.20%0.20%
Equity Titanium Money Market*$0 - $24,999.990.01%0.01%
$25,000.00 - $49,999.990.30%0.30%
$50,000.00 - $99,999.990.50%0.50%
$100,000.00 and greater0.50%0.50%

*Currently these rates will be the same for all Equity markets, but there is the possibility in the future that rates could change per market.

Minimum Balance Requirement: $25,000 to open account and $25 monthly service charge if balance falls below $25,000

Transaction Limitations: Debit transactions are limited to six per month. A service charge of $10 will be charged for each debit transaction is excess of one per month.