FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Telephone: 320.532.4142 or Toll Free 888.532.4142
Consumer Deposit Rates
effective 12/24/2024
Woodlands Select Plus
Interest is compounded daily and credited monthly. Interest checking is a variable rate account and the rate may change after the account is opened. *A $1000.00 opening deposit is required. A $7.00 monthly maintenance fee, plus 20¢ per paper item fee will be assessed if average daily balance for the statement period falls below $1000.00 and there is not at least one direct deposit per statement cycle and a minimum of 5 debit card transactions per statement cycle. Other restrictions apply. Please see your nearest personal banker for more information. *Fees could reduce earnings.
Savings Account
Interest is compounded daily and credited quarterly. All savings accounts are variable rate and rate may change after the account is opened. *A $50.00 opening deposit is required. A $1.00 monthly maintenance fee is assessed if the average daily balance for the month falls below $50.00. (Waived for customers under 18 years). *Fees could reduce earnings.
Money Market Savings
Interest is compounded daily and credited monthly. Interest checking is a variable rate account and the rate may change after the account is opened. *A $2,500.00 opening deposit is required. A $5.00 monthly service charge is assessed if average daily balance for the statement period falls below $2,500.00. *Fees could reduce earnings.
Educational Savings (UTMA)
Interest is compounded daily and credited quarterly. All savings accounts are variable rate and rate may change after the account is opened. *25.00 minimum opening deposit. $5.00 withdrawal fee. $25.00 closing fee prior to age 18. *Fees could reduce earnings.
Certificates of Deposit
CD Specials
The nine (9) month CD has a $20,000 minimum deposit required. The eighteen (18) month CD and the fifty-four (54) month CD have a $50,000 minimum deposit required. APY=Annual Percentage Yield. Interest for the nine (9) month CD will be compounded and credited at maturity. Interest for the eighteen (18) month CD and the fifty-four (54) month CD will be compounded semi-annually and credited semi-annually to the certificate. The listed APY for the nine (9) month, eighteen (18) month and fifty-four (54) month CDs are valid effective on new CD accounts opened after the effective date at the top of this page; offer may end at any time. After the CD term expires, the nine (9) month CD will renew to a six (6) month rate, the eighteen (18) month CD will renew to a twelve (12) month rate, and the the fifty-four (54) month CD will renew to a forty-eight (48) month rate, which are determined at that time by the Woodlands National Bank CD rate for the appropriate CD term. Deposits are FDIC insured up to $250,000. A penalty may be imposed for early withdrawal. Any fees incurred could reduce earnings.
Standard CD Rates
*Penalty for early withdrawal may be imposed: Certificates with terms of 1 year or less: the equivalent of 90 days' interest, Certificates with terms over 1 year: the equivalent of 180 days' interest. *Fees could reduce earnings.