(1) Maxx333 - $333 bonus will be paid when the following occur: the account has been open a minimum of 30 days, a reoccurring ACH transaction has occurred, the debit card has been used and the account has a positive balance. Requirements must be met within the first six months. New client cannot have closed a MAXX by Cedar Rapids Bank & Trust checking account within the previous 12 month period. Only new checking account clients are eligible. Cannot be combined with any other offer. Account must be active at the time the bonus is paid. Promotion ends 8/31/24. Bonus will be reported to the IRS as applicable. Client will be responsible for any applicable taxes on the bonus. Consult your tax advisor.
Annual percentage yield. Rate may change after account opening. APY is accurate as of July1, 2024, and is not an introductory rate. Rates will be paid only for that portion of your daily balance in each tier. 3.33% APY is for daily balances up to $25,000. To obtain the premium APY and ATM refunds, you must have an opening deposit of $100 and meet the following requirements for the MAXX Checking™ account: 15 Visa® debit card
transactions posted per statement cycle (excludes ATM-based transactions); Receive your monthly statements via eStatemets; Enroll in Personal Online Banking; Set up at least one direct deposit or direct debit. Valid email address required for eStatements enrollment. A $5 statement fee will be assessed on all accounts that do not sign up for e-statements within 90 days of account opening. Fees may reduce earnings. Maximum ATM fee refund for $20 per month, if you fail to meet the requirements needed for premium APY, the non-CRBT ATM fees refunded to you will be charged back to your account on the last day of the statement cycle in one fee described as "Prior Month ATM Refunds." An interest rate of 3.28% will be paid only for that portion of your daily balance that is $25,000 or less. The APY for this tier will be 3.33%. An interest rate of .50% will be paid only for that portion of your daily balance that is greater than $25,000. The APY range for this tier will be 3.33% to 1.07%. If your daily balance is $25,000 or less and you have not met the account requirements, the interest rate and annual percentage yield paid on that portion of your balance will be .10% APY. If your daily balance is greater than $25,000 and you have not met the account requirements, the interest paid on that portion of your daily balance will be .01% with an annual percentage yield range of .10% to .03%. Limit one MAXX Checking™ account per Tax Identification Number. Account available to residents of Iowa, Wisconsin, and Minnesota only.
(2) Annual Percentage Yield accurate as of May 1, 2024. CD needs to be open 7 business days prior to closing the CD. Penalty for early withdrawal. Minimum of $500 required to earn 4.25% APY. Checking relationship required. Institutional/business funds not eligible.
(3) The Money Market is a tiered rate account. Minimum opening deposit of $1000 required. Minimum balance to earn interest is $1000. You can view today’s rates and additional balance requirements by visiting the Cedar Rapids Bank website.