Bank5 Connect Rates

Make your money work for you.

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They make it a very simple process to open accounts with them, and better rates than most of my local banks

Carolyn, May 08

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The people I worked with at Bank 5 Connect were terrific; each was knowledgeable and spent whatever time I needed to understa…

Virginia, May 01

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I live in the Midwest and have banked online with Bank5 for a decade. I'll never leave this bank. The customer service is the…

Jack, Mar 25

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I now have 3 accounts with Bank5, and setup for each one was pretty easy. Each person I spoke with was professional and pleas…

Jennifer, Mar 11

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Great bank, great customer service, could not be happier

Lance, Mar 11

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Great bank to do service with, they care deeply about their customers and the products they offer are competitive.

John Christian, Mar 04

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I was able to speak with a knowledgeable human instead of robovoice.

Suzanne Jagoda, Feb 20

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On 2/10/2025 I spoke on telephone with Steve. I believe that with his help I was able to resolve the problems I was having …

Blazing Star, Feb 11

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Knowledgeable and helpful online support.

John, Jun 25

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The customer service folks were really great at helping us as first-time online bank customers to navigate setting up our fir…

David, Jun 11

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Always got helpful, knowledgeable people on the phone to answer my questions. The App was easy to use to view my account. B…

Thomson Cheryl, May 29

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I love this bank, I always get a hold of a real human customer rep helping quickly, and not to mention resolving my problems …

Joe, May 21

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Easy online banking. Great interest rates.

Jana, May 01

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So easy to use

Leslie, Apr 30

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It was easy to set up an account. The interest rate was the best. It was easy to cash it out.

Vance, Apr 10

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Banking process was smooth and effective rates were aceptable

Jose, Apr 09

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They were very professional and the CD rate was the best around. No trouble with transfer in and out.

KD, Feb 27

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Very good communication! Clear and efficient.

Carolyn, Feb 20

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Friendly, personal and accommodating.

Julie, Feb 20

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My first experience and I couldn't had asked for better professionalism, customer relations, and positive energy. I hope they…

T. Evans, Feb 17

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Everything was easy. The process flowed smoothly and the money was transferred firectly from my savings account

Donna, Feb 07

Deposit accounts with competitive, high-interest rates that work for you.

Rates effective 6/7/2025. Rates subject to change.

CD Rates

Product	Interest Rate	APY*	Minimum Deposit	Minimum Required to Earn APY*
3 Month CD	3.93%	4.00%	$500.00	$500.00
6 Month CD	4.31%	4.40%
12 Month CD	3.88%	3.95%
15 Month CD	3.88%	3.95%
18 Month CD	4.07%	4.15%
21 Month CD	3.15%	3.20%
24 Month Investment CD	4.17%	4.25%
36 Month CD	0.85%	0.85%

Open a CD

Penalty for early withdrawal. Rate may change at end of term. Fees may reduce earnings.

Savings Account Rates

Product	Interest Rate	APY*	Minimum Deposit	Minimum Required to Earn APY*
Connect Savings	1.49%	1.50%	$10	$100
Jumbo Savings	3.98%	4.05%	$25,000	$25,000

Open a Savings Account

Rate may change after account is opened. Fees may reduce earnings.

Money Market Account Rates

Product	Interest Rate	APY*	Minimum Deposit	Minimum Required to Earn APY*
Connect Money Market¹	2.99%	3.03%	$100	$100

Open a Money Market Account

¹Balances over $1,000,000 will not earn interest.

Checking Account Rates

Product	Interest Rate	APY*	Minimum Deposit	Minimum Required to Earn APY*
Connect Checking	1.98%	2.00%	$10	$100

Open a Checking Account

Rate may change after account is opened. Fees may reduce earnings.

*APY – Annual percentage yield.

Questions? Browse our FAQs to learn more

Open a Bank5 Connect account now!

Quick, easy account opening.

Open an Account