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Cash Management
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Current Rates

Deposit Rates

Account TypeMin Deposit to OpenMin Balance to Obtain APYInterest RateAPY
Small Bus Checking w/ Interest$100.00$0.01 - $9,999.000.20%0.20%
Small Bus Checking w/ Interest$100.00$10,000.00 - $24,999.990.25%0.25%
Small Bus Checking w/ Interest$100.00$25,000.00 and over0.25%0.25%
Interest Checking$100.00$0.010.20%0.20%
Evergreen Checking$100.00$0.010.25%0.25%
Statement Savings$50.00$0.01 - $24,999.000.25%0.25%
Statement Savings$50.00$25,000.00 - $74,999.000.50%0.50%
Statement Savings$50.00$75,000.00 +0.75%0.75%
Holiday Club$0.01$0.01-$24,999.990.25%0.25%
Holiday Club$0.01$0.01-$24,999.990.25%0.25%
Holiday Club$0.01$75,000.00 and over0.50%0.50%
Money Market$2,500.00$0.01 - $2,499.990.25%0.25%
Money Market$2,500.00$2,500.00 - $24,999.990.50%0.50%
Money Market$2,500.00$25,000.00 - $74,999.990.75%0.75%
Money Market$2,500.00$75,000.00 +0.75%0.75%

CD Rates

Account TypeMin Deposit to OpenMin Balance to Obtain APYInterest RateAPY
3 Month CD$500.00$500.000.25%0.25%
6 Month CD$500.00$500.000.50%0.50%
1 Year CD$500.00$500.000.75%0.75%
2 Year CD$500.00$500.001.10%1.10%
3 Year CD$500.00$500.001.30%1.30%
4 Year CD$500.00$500.001.49%1.49%
5 Year CD$500.00$500.001.74%1.75%
10 Year CD$500.00$500.001.74%1.75%

IRA Rates

Account TypeMin Deposit to OpenMin Balance to Obtain APYInterest RateAPY
6 Month IRA$100.00$100.000.50%0.50%
1 Year IRA$100.00$100.000.75%0.75%
2 Year IRA$100.00$100.001.10%1.10%
3 Year IRA$100.00$100.001.30%1.30%
4 Year IRA$100.00$100.001.49%1.50%
5 Year IRA$100.00$100.001.74%1.75%

Lending Rates

ProductRateAPRPayment Per $1000
10 Year Fixed Rate Mortgage4.000%4.059%$10.12
15 Year Fixed Rate Mortgage4.000%4.040%$7.40
20 Year Fixed Rate Mortgage4.500%4.532%$6.33
30 Year Fixed Rate Mortgage4.625%4.648%$5.14
120 Month Bi-Weekly Mortgage4.000%4.057%$5.05
180 Month Bi-Weekly Mortgage4.000%4.036%$3.69
240 Month Bi-Weekly Mortgage5.500%5.524%$3.43
360 Month Bi-Weekly Mortgage5.625%5.640%$2.87
36 Month Home Equity Loan4.500%4.697%$29.74
60 Month Home Equity Loan4.500%4.621%$18.64
84 Month Home Equity Loan5.000%5.089%$14.13
120 Month Home Equity Loan5.000%5.064%$10.61
180 Month Home Equity Loan6.000%6.046%$8.44
240 Month Home Equity Loan6.000%6.037%$7.16
Home Equity Line of Credit4.000%4.011%$8.84
72 Month New Auto Loan5.952%5.990%$16.55
60 Month Used Auto Loan5.918%5.990%$19.29

Regular and Bi-Weekly Mortgage rates and payments are calculated based on a $100,000.00 loan with a $275.00 application fee.  All bi-weekly loans require direct debit from an Indiana First Bank checking or savings account.  Home Equity loan payments are calculated based on a $25,000.00 loan with a $75.00 application fee.  Auto loan rates are calculated based on a $15,000.00 loan with a $25.00 processing fee.  Other rates and terms available.


 

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