Friday, 4 December 2020

KS StateBank Reviews: Checking, Savings, CD, Money Market, and IRA Accounts

KS StateBank Reviews: Checking, Savings, CD, Money Market, and IRA Accounts
05 Sep
11:09

KS StateBank’s Most Popular Accounts

APY

Account Type

Account Name

Compare Rates from Similar Accounts

0.50%

Savings

KS StateBank Simple Savings

1.85%

Goldman Sachs Bank USA High-yield Online Savings Account

on Goldman Sachs Bank USA’s secure website

2.40%

CD Rates

KS StateBank 1 Year CD

2.50%

Ally Bank High Yield 12-Month CD

on Ally Bank’s secure website

3.10%

CD Rates

KS StateBank 3 Year CD

2.70%

Synchrony Bank 36 Month CD

on Synchrony Bank’s secure website

3.37%

CD Rates

KS StateBank 5 Year CD

3.10%

Goldman Sachs Bank USA High-yield 5 Year CD

on Goldman Sachs Bank USA’s secure website

KS StateBank checking account

magnifying glass

How KS StateBank’s checking account compares

This bank offers a very good rate for its checking account. In fact, it’s even better than many of our top online checking account picks. We really like the fact that you aren’t charged a fee if you don’t meet the minimum requirements each month. Rather, you’ll earn a reduced — but still decent — rate on your checking account. In addition, if you do meet the qualifications, you’ll be reimbursed for a tidy amount of ATM fees, which would be super handy if you use ATMs frequently.

KS StateBank savings account

magnifying glass

How KS StateBank’s savings account compares

KS StateBank’s Simple Savings account rate doesn’t even come close to the top rates being offered by the best online savings accounts. Still, it’s not necessarily a bad rate per se, especially when compared to many big banks. This could be a good option for you if you prefer banking with a local community bank, but otherwise we’d suggest taking your deposit elsewhere to earn the most amount of money possible.

KS StateBank’s CD rates

magnifying glass

How KS StateBank’s CD rates compare

Although we’re still a bit baffled by KS StateBank’s claim that its Jumbo CDs offer a premium rate when in fact they do not, we can’t deny it: these are all-around excellent rates for CDs. In fact, they’re even better than some of our current top CD picks for certain term lengths.

Furthermore, the minimum deposit amount is low for these CDs, making them accessible to almost anyone. It even offers an uber-long 7 year CD in case you really want to earn the highest rates possible.

KS StateBank’s money market account

magnifying glass

How KS StateBank’s money market account compares

Again, KS StateBank doesn’t offer a bad rate with this account, but it’s definitely not the best out there. For the biggest bang for your buck, you’ll need to check out one of these top money market accounts.

Otherwise, if you’re looking for a local bank to keep your money with, KS StateBank may not be a bad option depending on what other banks are near you.

KS StateBank’s IRA account options

magnifying glass

How KS StateBank’s IRA CD rates compare

KS StateBank’s IRA CD rates are very competitive. They’re actually right on par with our top IRA CDs. We also like that you can get started with as little as $500, which will be very helpful to folks who are just starting out on their savings journey.

Advertiser Disclosure: The card offers that appear on this site are from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all card companies or all card offers available in the marketplace.

Lindsay VanSomeren

TAGS:

Recommended by

This Cash Back Number May Surprise You

This Cash Back Number May Surprise You

Best Travel Credit Cards With No Annual Fee

Best Travel Credit Cards With No Annual Fee

Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit

Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit

2 Credit Cards Charging 0% Interest until 2019

2 Credit Cards Charging 0% Interest until 2019

Source: https://www.magnifymoney.com/blog/reviews/ks-statebank/

« »

Szemere

Related Articles