Our rate philosophy: No "Rate Roller Coaster."
Baltic State Bank's interest rates are priced to provide our customers with a fair return on investment. You won't find any high special promo rates that disappear at renewal, crazy 21-month terms, or miles of fine print.
Our existing customers and their investments are as important to us as a potential new customer, so you won't find any special rates available for new accounts either. What you will find is a fair rate, a safe and steady investment, and a simple to understand the product. So get off the "Rate Roller Coaster" and get your feet on solid ground with Baltic State Bank.
You Choose Checking Account*
(Rate based on current balance)
| Minimum Balance to Obtain APY | Interest Rate |
APY |
|---|---|---|
| 0.01% | 0.01% |
Passbook & Statement Savings*
(Rate based on current balance)
| Minimum Balance to Obtain APY | Interest Rate |
APY |
|---|---|---|
| $20.00 | 0.50% | 0.50% |
| $5,000.00 | 0.55% |
0.55% |
| $25,000.00 | 0.575% | 0.575% |
Other Savings Accounts*
| Type | Interest Rate |
APY |
|---|---|---|
| Christmas Savings | 0.50% | 0.50% |
| Health Savings Account | 0.50% |
0.50% |
Certificate of Deposits*
| Term** | Minimum Balance to Obtain APY | Interest Rate |
APY |
|---|---|---|---|
| 1 - 2 Month CD | $500.00 | 4.64% | 4.75% |
| 3 - 5 Month CD | $500.00 | 4.64% |
4.75% |
| 6 - 11 Month CD | $500.00 | 4.64% | 4.75% |
| 12 Month CD | $500.00 | 4.93% | 5.05% |
| 18 - 23 Month CD | $500.00 | 4.50% | 4.59% |
| 24 - 35 Month CD | $500.00 | 4.50% | 4.59% |
| 36 - 47 Month CD | $500.00 | 1.50% | 1.51% |
| 48 - 59 Month CD | $500.00 | 1.50% | 1.51% |
| 60 Month CD | $500.00 | 1.50% | 1.51% |
| 12 Month Variable | $500.00 | 4.50% | 4.59% |
* Rates current as of May 5, 2023. Rates updated May 5, 2023.
**Penalty will be imposed for early withdrawal.
***Contact us for further information about applicable fees and terms. Fees could reduce earnings on the account. Rates subject to change without notice.