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Limited-Time Rate Specials

CERTIFICATES OF DEPOSIT (CD)

SAVE WITH CERTAINTY

A high-yield CD from Kendall Bank provides guaranteed returns and protection from market variability.

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COMPETITIVE

Take advantage of our high-yield specials, including special jump-up rate options.

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Flexible

Choose the rate and term that works best for you. The more you deposit, the more you earn.

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Secure

Receive guaranteed returns on your account.

RAISE YOUR RATE

Take advantage of rising interest rates with a Kendall Bank Jump-Up CD, which allows you to raise the rate before your CD matures. Learn more.

48-MONTH JUMP-UP CD*

Annual Percentage Yield: 2.53%
Minimum Balance: $10,000
Option to increase interest rate twice during initial term.

36-MONTH JUMP-UP CD*

Annual Percentage Yield: 2.27%
Minimum Balance: $10,000
Option to increase interest rate once during initial term.

Or lock in to one of these high-yield rate specials, with just a $1,000 minimum balance:

48-MONTH CD**

Annual Percentage Yield: 2.53%
Minimum Balance: $1,000

36-MONTH CD**

Annual Percentage Yield: 2.27%
Minimum Balance: $1,000

24-MONTH CD**

Annual Percentage Yield: 2.02%
Minimum Balance: $1,000

12-MONTH CD**

Annual Percentage Yield: 1.00%
Minimum Balance: $1,000

Want to keep access to your funds, while earning additional interest? Consider one of our Money Market accounts:

MONEY MARKET***

Annual Percentage Yield: 1.01%
Minimum Balance: $1,000,000

MONEY MARKET***

Annual Percentage Yield: .50%
Minimum Balance: $100,000

Annual Percentage Yield (APY) is accurate as of 07/08/2022 and subject to change at any time without notice.
* A penalty may be imposed for early withdrawal. Interest is compounded and credited at maturity for the 3 Month Certificate of Deposit (CD). Interest for all other CDs is compounded and credited monthly.
**A penalty may be imposed for early withdrawal. Interest is compounded and credited monthly. This product offers a rate increase option, which allows you to increase the interest rate and Annual Percentage Yield (APY) on your JUMP UP CD one time during the initial term of your CD for the 36 MONTH JUMP UP CD and two times during the initial term for the 48 MONTH JUMP UP CD. This option is at no cost to you. If you exercise your rate increase option: (1) the new interest rate and APY for the remaining term of your JUMP UP CD will be the interest rate and APY Kendall Bank is offering on JUMP UP CDs with the same term on the date you exercise your option. (2) If JUMP UP CDs are no longer offered at the time you exercise your rate increase option, the new interest rate and APY for the remaining term of your JUMP UP CD will be the interest rate and APY Kendall Bank is offering on 36 MONTH CD and the 48 MONTH CD, respectively; (3) the interest rate and APY will be effective as of the day you exercise your rate increase option; (4) the new interest rate and APY will only apply during the remaining term of your JUMP UP CD (the changes to the interest rate and APY are not retroactive); and (5) the maturity date for your JUMP UP CD will not change. It is your choice when you exercise the rate increase option; however, if you do not exercise the rate increase option during the initial term of your CD, it will expire at the end of the term. At the end of the term, the 36 MONTH JUMP UP CD will auto renew to the 36 MONTH CD and the 48 MONTH JUMP UP CD will auto renew to the 48 MONTH CD.

QUESTIONS?

We are here to provide you with additional information and answer any questions you may have.

For assistance, call 913.839.3700 or contact:

 

 

CJ EGNOSKE
Treasury Management Specialist
cegnoske@kendallbank.com
913.348.4792

KRISTINA ZITEK
Vice President – Northeast Kansas Market
kzitek@kendallbank.com
785.945.3231

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