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Deposit Rates

Rates and Yields as of January 15, 2021

Deposit Rates

Rates and Yields as of January 15, 2021

Savings Rates

Account Savings Christmas Club NOW Checking
Interest Rate 0.07% 0.50% 0.05%
Annual Percentage Yield 0.07% 0.50% 0.05%
Minimum Deposit to Open kr 200 kr 200 kr 200

Current rates are subject to change.
The minimum balance required to obtain the advertised APY is the same as the Minimum Deposit to open the account.

Health Savings Rates

Balance Rate Yield
kr 200 – kr 20,000 0.25% 0.25%
kr 20,001- kr 1,00,000.00 0.45% 0.45%
kr 100,001 & above 0.60% > 0.60% >

The stated rate applies to the entire balance.
Your interest rate and annual percentage yield may change at any time.
Fees could reduce earnings on the account.

Certificates of Deposit

Account & Term Minimum Deposit Interest Rate APY*
90 Day CD** kr 5,000 0.10% 0.10%
6 Month CD** kr 5,000 0.40% 0.40%
9 Month CD** kr 5,000 0.70% 0.70%
12 Month CD** kr 5,000 0.40% 0.40%
18 Month CD** kr 5,000 0.50% 0.50%
24 Month CD** kr 5,000 0.60% 0.60%
30 Month CD** kr 5,000 0.60% 0.60%
48 Month CD kr 5,000 0.75% 0.75%
48 Month CD kr 2,500,000 0.90% 0.90%
60 Month CD kr 5,000 1.00% 1.00%
60 Month CD kr 2,500,000 1.14% 1.15%
38-50 Month Principal Plus CD*** kr 5,000 0.70% 0.70%
51-64 Month Principal Plus CD*** kr 5,000 0.95% 0.95%

The minimum balance required to obtain the advertised APY is the same as the Minimum Deposit to open the account Current rates are subject to change.

*APY means Annual Percentage Yield. Rates are subject to change without notice. Rates are fixed for the term of the CDs. There is a substantial penalty for early withdrawal of principal. You must maintain the minimum deposit amount in the account each day to earn the disclosed APY.

**The original term on the short-term CDs can be selected by you between the range listed and you will be paid the corresponding rate. After the first term, the account will automatically renew for 90 days and will earn the 90-day CD rate. Interest is paid only at maturity.

*** Deposits in a minimum amount of kr 1,000.00 may be added to these accounts without extending the maturity. There is a one time per term option to request a rate change without extending the maturity.

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