Personal Savings
Savings, CDs, and IRAs
Looking for short or long term savings? Bank7 has you covered with savings products that give you peace of mind no matter how today’s market fluctuates.
Personal Savings
Add a Bank7 Savings account to your existing portfolio or open an account for the important people in your life. Savings accounts are a simple way to earn interest while having easy access to your cash when you need it most.
Tiered Savings
(Not available to Kansas Residents)
- $100 deposit to open account
- Tiered interest rates that increase based on the balance of the account¹
- Interest compounded and paid monthly
- ATM card² – cash withdrawals only
-
Total of six transfers (online, mobile, or by telephone), preauthorized or automatic withdrawals allowed per month
– $3 fee per withdrawal after six per month³ - No charge for withdrawals made in person or at an ATM
| Balance Tier | %APY¹ Rate |
|---|---|
| $.01 – $24,999.99 | Call for APY |
| $25,000.00 – $99,999.99 | Call for APY |
| $100,000.00 and above | Call for APY |
Kansas Savings
- $100 deposit to open account
- Variable interest rate compounded and paid monthly¹
- ATM card² – cash withdrawals only
-
Total of six transfers (online, mobile, or by telephone), preauthorized or automatic withdrawals allowed per month
– $3 fee per withdrawal after six per month³ - No charge for withdrawals made in person or at an ATM
¹APY (Annual Percentage Yield). Fees may reduce earnings. Rates may change after account opening.
²No ATM fees at Bank7 or Allpoint® Network ATMs. Foreign ATM fees may apply.
³Debit transactions on Savings Accounts are limited by bank policy. Telephone, third-party (drafts), and preauthorized transfers are limited to six per month. Preauthorized transfers include, but are not limited to, transfers processed through Online and Mobile Banking. If withdrawal or transfer limits are exceeded, the account type may be changed or account may be closed.
For a complete disclosure of all current rates, fees, terms and conditions, please contact a Bank7 Customer Service Representative.
Certificates of Deposit
Bank7 offers some of the most competitive rates for short and long term CDs on the market today. Not sure where to put your excess cash? CDs are a great way to earn fixed income with an interest rate that will never change for the term of the CD.
6 & 12 Month CD
- $1,000 deposit to open account and obtain APY¹
- Interest compounded and paid monthly, quarterly, semi-annually or annually
- Penalty for early withdrawal
24, 36, & 48 Month CD
- $10,000 deposit to open account and obtain APY¹
- Interest compounded and paid monthly, quarterly, semi-annually or annually
- Penalty for early withdrawal
¹APY (Annual Percentage Yield). Fees may reduce earnings.
For a complete disclosure of all current rates, fees, terms and conditions, please contact a Bank7 Customer Service Representative.
IRAs
IRA accounts work similar to our certificates of deposit but give you the ability to contribute more to the account during the term of the CD.
12 Month IRA
- $100 deposit to open account and obtain APY¹
- Interest compounded and paid monthly, quarterly, semi-annually or annually
- Contributions may be allowed during the term of the IRA CD
- Penalty for early withdrawal
¹APY (Annual Percentage Yield). Fees may reduce earnings.
For a complete disclosure of all current rates, fees, terms and conditions, please contact a Bank7 Customer Service Representative.