bank rates

Nebraska Deal On CD Rates, MMAs

Elkhorn Valley Bank and Trust is offering top 12- and 24-month CD rates.Nebraska savers can find top deals on money market accounts and 12- and 24-month CD rates at Elkhorn Valley Bank and Trust.

With no minimum deposit requirement, the Norfolk, Neb., bank is paying:

  • 1.70% APY on 24-month CDs.
  • 1.60% APY on 12-month CDs.

Those yields easily beat the best nationally available deals on our CD Rates Leaderboard for the corresponding terms.

Elkhorn Valley Bank and Trust (www.elkhornvalleybank.com) also offers MMA accounts with rates that beat the best nationally available deal.

You’ll earn:

  • 1.30% APY with a minimum balance of $50,000.
  • 1.40% APY with a minimum balance of $75,000.
  • 1.50% APY with a minimum balance of $100,000.

Those high-minimum balances beat the best nationally available money market rates of 1.25% APY offered by AmTrust Direct (www.amtrustdirect.com) and My Banking Direct (www.mybankingdirect.com).

AmTrust Direct is paying the top rate on balances between $10,000 and $149,000. Anything above or below that amount earns 0.50% APY. You need a minimum $500 deposit to open an account.

My Banking Direct, which like AmTrust Direct is part of New York Community Bank, also is offering 1.25% APY. The rate is good on balances of $5,000 and above, and you need a $5,000 deposit to open an account.

In contrast, Elkhorn Valley Bank and Trust has no minimum balance requirement.

Earn 1.20% APY on balances between $25,000 and $50,000, 1.05% APY on balances between $2,500 and $25,000 and 0.65% APY on balances less than $2,500.

You must open an account at one of Elkhorn Valley Bank and Trust’s five branches in Norfolk, Neb., or its branches in Hoskins or Pierce.

You can see how these rates compare to the best money market and savings account rates, as well as the best CD rates from scores of banks in our database.

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Comments (1)
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  1. Kathy at Bankaholic said:
    on August 29th at 09:59 am

    Elkhorn Valley Bank’s rates are still available.