The savings account for those without a crystal ball.
Not sure what the future holds? Not to worry. With a Hometown Savers 20/20 account from Home State Bank, you can get a great rate of return - about the same as a CD - but without tying up your money or locking into today's rate. It's the perfect savings account for those who want the security of a CD without the limitations. Add funds at any time. Pull money out once a month. And when rates go up, your Annual Percentage Yield (APY) can too - up to two times during the 20-month term. Who needs a crystal ball? You've got Home State Bank.
• 20 month term, $20,000 to open
• Up to two rate increases during the 20-month term - when rates go up, visit a branch to increase your rate
• Add additional money at any time, in any dollar amount
• Withdraw funds up to once a month at no charge - additional withdrawals in a calendar month, $20 each
• 1% penalty for withdrawals that take account below the $20,000 minimum
• Interest compounded daily and paid monthly on all balances
• Automatic renewal based on current interest rate
• FREE online banking - 24 hour access to your account information