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

ProsCons
Competitive APYModerate 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

ProsCons
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

ProsCons
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

What is the difference between APY and interest rate for the 1-year CD?

The Annual Percentage Yield represents the total interest earned, including compounding, whereas the interest rate is the basic rate before compounding.

Can I add funds to my 6 Month CD after the initial deposit?

Typically, CDs have a fixed term and do not allow additional deposits after the account is opened.

What is the minimum deposit for the 1-year CD?

The minimum deposit to open the 1-year CD is $500.