Solan State Bank
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Solon State Bank
CD & Deposit Account Rates
Rates Effective Wednesday, March 1, 2023
Term APY% Interest Rate % Minimum Deposit Compounding & Crediting Frequency
91 Days 0.15 0.15 $75,000 91 days
91 Days 0.15 0.15 $10,000 91 days
182 Days 1.30 1.30 $1,000 at maturity
8 Months 1.30 1.30 $1,000 at maturity
9 Months 1.31 1.30 $1,000 Quarterly
12 Months 3.25 3.22 $1,000 semi-annually
15 Months 4.04 4.00 $1,000 semi-annually
17 Months 1.91 1.90 $1,000 semi-annually
21 Months 1.76 1.75 $1,000 semi-annually
24 Months 0.50 0.50 $1,000 semi-annually
27 Months 1.10 1.10 $1,000 semi-annually
30 Months 2.26 2.25 $1,000 semi-annually
36 Months 2.26 2.25 $1,000 semi-annually
48 Months 0.80 0.80 $1,000 semi-annually
60 Months 1.50 1.49 $1,000 semi-annually
Term APY% Interest Rate Percent Minimum Deposit Compounding & Crediting Frequency
IRA's 2.27 2.25 $100 quarterly
Term APY% Interest Rate % Minimum Deposit Compounding & Crediting Frequency
Savings 0.10 0.10 $50 semi-annually
Savings - 12 yrs & under 0.10 0.10 $10 semi-annually
Christmas Club 0.10 0.10 $10 annually
NOW Account 0.10 0.10 $1,000 monthly
HiFi Account  
Below $10,000 0.10 0.10 $2,500 monthly
$10,000 - $49,999.99 0.15 0.15 $10,000 monthly
$50,000-$99,999.99 0.20 0.20 $50,000 monthly
$100,000 and over 0.25 0.25 $100,000 monthly
Some restrictions may apply
Penalty for early withdrawal on Time Certificates & IRA's
Fees may reduce earnings
APY = Annual Percentage Yield
The APY assumes interest remains on deposit until maturity.
A withdrawal will reduce earnings.
Rates are variable on Checking & Savings Accounts
Rates are subject to change
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Equal Housing Lender
Main Bank
126 S. Market Street
P.O. Box 129
Solon, Iowa 52333
Phone: (319) 624-3405
Fax: (319) 624-3407
Tiffin Branch
444 E. State Street
P.O. Box 440
Tiffin, Iowa 52340
Phone: (319) 545-2226
Fax: (319) 545-1507
Ely Branch
1540 State Street
P.O. Box 166
Ely, Iowa 52227
Phone: (319) 848-4181
Fax: (319) 848-7433