Maximize your earnings.

Flagship offers some of the best rates around. Our interest rate tiers allow you to increase your earnings when you increase your balances.

Build a relationship with Flagship Bank.

Our accounts are designed to appeal to people of all financial situations. Our rate sheet will help you decide which products work for your lifestyle. Whether you want a low minimum balance, or are looking to earn as much interest as possible, our accounts can help you achieve those goals.

Interest Rates and Annual Percentage Yield Current as of February 1, 2018

  Minimum Deposit Interest Rate Annual Percentage Yield
Interest Checking $1,000.00    
.01 - 999.99   0.025% 0.025%
1,000.00 - 9,999.99   0.05% 0.05%
10,000.00 - 49,999.99   0.05% 0.05%
50,000.00 and Greater   0.05% 0.05%
Regatta Checking $5,000.00    
.01 - 4,999.99   0.025% 0.025%
5,000.00 and Greater   0.35% 0.35%
Senior Checking None    
.01 - 999.99   0.025% 0.025%
1,000.00 - 9,999.99   0.05% 0.05%
10,000.00 - 49,999.99   0.10% 0.10%
50,000.00 and Greater   0.25% 0.25%
Admiral Business Checking $5,000.00    
.01 - 4,999.99   0.025% 0.025%
5,000.00 - 99,999.99   0.05% 0.05%
100,000.00 - 749,999.99   0.25% 0.25%
750,000.00 and Greater   0.45% 0.45%
Non-Profit Business Checking $500.00    
.01 - 4,999.99   0.15% 0.15%
5,000.00 - 99,999.99   0.15% 0.15%
100,000.00 and Greater   0.25% 0.25%
  Minimum Deposit Interest Rate Annual Percentage Yield
Money Market Account $1,000.00    
.01 - 999.99   0.25% 0.25%
1,000.00 - 9,999.99   0.25% 0.25%
10,000.00 - 49,999.99   0.35% 0.35%
50,000.00 - 99,9999.99   0.60% 0.60%
100,000.00 - 499,999.99   0.80% 0.80%
500,000.00 - 999,999.99   0.85% 0.85%
1,000,000 and Greater   0.90% 0.90%
Regular Savings $50.00    
.01 - 49.99   0.05% 0.05%
50.00 and Greater   0.10% 0.10%
Super Kids Savings N/A    
.01 - 49.99   0.05% 0.05%
50.00 and Greater   0.10% 0.10%
HSA Account $100.00    
1.00 and Greater   0.05% 0.05%
  Minimum Deposit Interest Rate Annual Percentage Yield
Certificates of Deposit $500.00    
3 Month   0.25% 0.25%
6 Month   0.45% 0.45%
12 Month   1.25% 1.25%
**15 Month **$10,000.00 1.50% 1.50%
18 Month   1.35% 1.35%
24 Month   1.45% 1.45%
**36 Month **$10,000.00 1.85% 1.85%
48 Month   1.55% 1.55%
60 Month   2.10% 2.10%
  Minimum Deposit Interest Rate Annual Percentage Yield
IRA Certificates of Deposit $500.00    
3 Month   0.25% 0.25%
6 Month   0.45% 0.45%
12 Month   1.25% 1.25%
**15 Month **$10,000.00 1.50% 1.50%
18 Month   1.35% 1.35%
24 Month   1.45% 1.45%
**36 Month **$10,000.00 1.85% 1.85%
48 Month   1.55% 1.55%
60 Month   2.10% 2.10%

CERTIFICATE OF DEPOSIT DISCLOSURE:

Rate and Annual Percentage Yield Information: Certificates of Deposit are interest-bearing accounts. The current interest rate and annual percentage yield are included on this rate page. The interest rate and annual percentage yield will not change for the term of your Certificate of Deposit. Interest begins to accrue on the business day you deposit noncash items (for example, checks). The annual percentage yield assumes interest compounds annually and will remain on deposit until maturity. A withdrawal from this account will reduce earnings on the account. Additional deposits to your Certificate of Deposit are not allowed until maturity. A penalty may be imposed for withdrawals before maturity.  Some exceptions may apply. 

Interest Compounding Frequency and Crediting Information: Interest is credited to the account at maturity for 3 Month to 12 Month Certificates of Deposit. Interest is compounded and credited to account annually for Certificates of Deposit with maturities of greater than one year.

Balance Information: The minimum balance to obtain the stated annual percentage yield is the same as the opening balance requirement. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Opening Balance Requirement: $500.00 deposit is required to open a Certificate of Deposit or IRA Certificate of Deposit. **$10,000 deposit is required to open a 15 or 36 month Certificate of Deposit. 

Early Withdrawal Penalties: For a Certificates of Deposit of less than 12 months, a penalty of 91 days interest on the principal amount withdrawn may be imposed. For a Certificates of Deposit with maturities of one year to five years a penalty of 182 days interest on the principal amount withdrawn may be imposed. If you close your Certificate of Deposit before interest is credited to your account, you will receive the accrued interest. Some exceptions may apply.  

Renewal: This account will automatically renew. You will have 10 calendar days after the maturity date to withdraw funds without a penalty. If you do not withdraw the funds, each renewal term will be for an identical term as the original term*.

*15 month Certificate of Deposit accounts will automatically renew at the 12 month CD term. We will calculate interest on this renewed account at the interest rate then in effect for time deposits with the same deposit amount and term.   

CHECKING AND SAVINGS ACCOUNT INFORMATION:

Interest rates and annual percentage yield may change after opening. Transfers from a money market account or savings account to another account or to third parties by pre-authorized, automatic, internet banking, check, debit card, draft, telephone transfer, or similar order are limited by Federal regulations to six per month. At our discretion, we may change the interest rate on accounts. We may change the rate at any time. Interest begins to accrue no later than the business day that we receive credit for the deposit of non-cash items (for example, checks). Fees could reduce the earnings on the accounts. Rate may change on Interest, Money Market, Savings and HSA accounts after account opening. A penalty fee may be imposed for closure of account within 6 months of opening. Contact a bank associate for more information.

Like what you see? Join the Crowd.