Gateway Bank’s interest rates
See our latest interest rates for savings accounts, money market accounts, CDs, and IRAs.
All rates and annual percentage yields (APY) are accurate as of September 28, 2023. Please note that these rates are subject to change at any time after your account is opened. Principal balance reductions, withdrawals of accrued interest, account fees, or penalties will reduce the earnings on the account and may reduce the APY. All information is subject to change. For more information, including account details and terms, please contact us.
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Personal and business accounts
| Account Type | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|
| Advantage Checking* | 0.10% | 0.10% |
| Traditional Savings* | 0.50% | 0.50% |
| Health Savings Account | 0.50% | 0.50% |
| Money Market with up to $24,999** | 0.50% | 0.50% |
| Money Market with $25,000-$49,999.99** | 0.75% | 0.75% |
| Money Market with $50,000-$99,999.99** | 1.00% | 1.00% |
| Money Market with $100,000-$249,999** | 1.05% | 1.06% |
| Money Market with $250,000 and above** | 1.10% | 1.11% |
| The annual percentage yield listed is an estimate. Actual APY will be based on specific account terms and will be disclosed at account opening. *Balances below $50.00 will not earn interest except minor savings accounts that earn interest on total balance. **Minimum opening deposit $1,000. Minimum balance to obtain APY is based on tier levels above. |
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Certificates of deposit
| Term | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 30 days | 0.80% | 0.80% |
| 90 days | 1.00% | 1.00% |
| 6 months | 2.50% | 2.53% |
| 12 months | 3.25% | 3.30% |
| 24 months | 3.00% | 3.04% |
| 36 months | 2.50% | 2.53% |
| 60 months | 2.00% | 2.02% |
| There may be a penalty for withdrawing your money early. A one time rate change allowed during the term of the certificate. | ||
Individual Retirement Accounts
| Term | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 6 months | 2.5% | 2.53% |
| 12 months | 3.25% | 3.30% |
| 24 months | 3.00% | 3.04% |
| 36 months | 2.50% | 2.53% |
| 48 months | 2.50% | 2.53% |
| There may be a penalty for withdrawing your money early. | ||