KS State Bank CD Rates
KS State Bank has its headquarters in Manhattan and it is currently the 7th largest bank in Kansas. KS State Bank is also the 343rd largest bank in the nation. KS State Bank was established in 1969 and as of June 2020, it had grown to 278 employees at its seven locations.
KS State Bank is committed to great banking and top-notch customer service.
KS State Bank CD Rates Offers
The most popular CD rates offered by KS State Bank cd offers are described below;
6 Month CD
· APY (Annual Percentage Yield): 5.20%
· Interest Rate: 5.10%
· Minimum Deposit: $500
Considerations
· A standard 6-month certificate of deposit with a competitive interest rate.
Pros & Cons
Pros | Cons |
Competitive APY | Moderate minimum deposit requirement ($500) |
Short investment |
1 Year CD
· APY (Annual Percentage Yield): 5.25%
· Interest Rate: 5.15%
· Minimum Deposit: $500
Considerations
· A standard 1-year certificate of deposit with a competitive interest rate.
Pros & Cons
Pros | Cons |
Competitive APY (5.25%) | Less term flexibility |
Slightly longer-term investment |
27 Month Jump Up CD
· APY (Annual Percentage Yield): 4.47%
· Interest Rate: 4.40%
Considerations
· A 27 month term length.
. Term allows for one time increase if interest rates rise.
Pros & Cons
Pros | Cons |
Competitive APY (4.47%) | Longer term means less flexibility in asset liquidation |
Rate increase option |
Are KS State Bank CD Rates Competitive?
KS State Bank surely appears to offer competitive CD rates. The bank provides a range of CD options with varying terms and interest rates, including special rates for specific durations. The APYs for these CDs are in line with or even exceed industry standards for their respective terms.
However, the competitiveness of CD rates can also depend on market conditions so the potential investors should compare KS State Bank’s CD rates with those of other financial institutions to ensure they are getting the best possible returns on their investments.
Overview KS State Bank
KS State Bank currently has six branches across the state (in Junction City, Wichita, Manhattan) as well as a branch in Phoenix, AZ. KS State Bank has come a long way since it first opened in 1969 and it hopes to continue to grow throughout the years to come.
To access KS State Bank CD rates, you must be a member of their bank. The membership process is quick and easy and can be done either online, on the phone, or in person at any of their branch locations.
- By Email:
- clientcare@ksstate.bank
- By Phone:
- Monday through Friday 8 am to 6 pm CT; Saturday 9 am to noon CT.
- 785-587-4000 (local)
- 800-588-6805 (call toll-free or text message)
- 785-564-6219 (TTY access for the hearing impaired)
- In Person:
- If you prefer to apply for membership in person, please check online for their available locations near you.
- Please note that each branch will have a different opening and closing time. Please call your local KS State Bank beforehand to check their business hours of operation.
- You can also check with your local KS State Bank to see if they have any special promotions going on for their CD rates. Please note each branch will differ.
Availability
In order to access KS State Bank CD rates, you must be a member of their bank. The membership process is quick and easy and can be done either online, on the phone, or in person at any of their branch locations.
- By Email:
- clientcare@ksstate.bank
- By Phone:
- Monday through Friday 8 am to 6 pm CT; Saturday 9 am to 12 pm (noon) CT.
- 785-587-4000 (local)
- 800-588-6805 (call toll-free or text message)
- 785-564-6219 (TTY access for the hearing imparied)
- In Person:
- If you prefer to apply for membership in person, please check online for their available locations near you.
- Please note, each branch will have a different opening and closing time. Please call your local KS State Bank beforehand to check their business hours of operations.
- You can also check with your local KS State Bank to see if they have any special promotions going on for their CD rates. Please note each branch will differ.
Locations KS State Bank
Branches in California
The branches in California are:
KS State Bank currently does not have any branches in California. However, they do have branches in these locations: Manhattan, Ogden, Wichita, Phoenix, and Junction City.
Frequently Asked Questions
The Annual Percentage Yield represents the total interest earned, including compounding, whereas the interest rate is the basic rate before compounding.
Typically, CDs have a fixed term and do not allow additional deposits after the account is opened.
The minimum deposit to open the 1-year CD is $500.