At Howard Bank, our banking professionals build relationships with you. We take time to learn about your personal and business financial needs and plans. Understanding what you need allows us to tailor solutions that help you achieve your financial goals.

With our variety of savings, checking and investment accounts, Howard Bank customers have access to competitive rates. Below, you can find bank account interest rates and annual percentage yields (APYs), current as of 2/1/2019.  Click here for a printable rate sheet.

Fixed Rates Certificates of Deposit

Product Type Rate APY
3 - 5 Month Certificate 0.10 0.10
6 - 11 Month Certificate 0.20 0.20
12 - 23  Month Certificate 0.35 0.35
24 - 35 Month Certificate 0.50 0.50
36 - 47 Month Certificate 0.75 0.75
48 - 59 Month Certificate 0.99 1.00
60 Month Certificate 1.49 1.50

Personal Checking Accounts

Product Name Rate APY
Relationship Checking           
        $.01-$999.99 Balance 0.10 0.10
        $1,000-$9,999.99 Balance 0.15 0.15
        $10,000 - $24,999.99 Balance 0.15 0.15
        $25,000 - $49,999.99 Balance 0.15 0.15
        $50,000 - $99,999.99 Balance 0.20 0.20
        $100,000 or more 0.25 0.25
Premium Checking    
        $.01-$9,999.99 Balance 0.15 0.15
        $10,000 - $24,999.99 Balance 0.25 0.25
        $25,000 - $49,999.99 Balance 0.25 0.25
        $50,000 - $99,999.99 Balance 0.25 0.25
        $100,000 - $249,999.99 Balance 0.25 0.25
        $250,000 or more 1.00 1.00

Health Savings Account

Tiers
  Rate APY
$.01-$999.99 Balance 0.10 0.10
$1,000-$9,999.99 Balance 0.15 0.15
$10,000 - $24,999.99 Balance 0.15 0.15
$25,000 - $49,999.99 Balance 0.15 0.15
$50,000 - $99,999.99 Balance 0.20 0.20
$100,000 or more 0.25 0.25

Savings Accounts

Product Type
  Rate APY
Personal Savings 0.10 0.10
Junior Savings 0.10 0.10

Personal Money Market 

Tiers
  RATE APY
$.01 - $999.99 Balance 0.10 0.10
$1,000 - $9,999.99 Balance 0.15 0.15
$10,000 - $24,999.99 Balance 0.25 0.25
$25,000 - $49,999.99 Balance 0.25 0.25
$50,000 - $99,999.99 Balance 0.25 0.25
$100,000 and over Balance  0.35 0.35

Business Accounts

Product Type Rate APY
Community Business Checking 0.10 0.10
Business Money Market    
$.01 - $999.99 Balance 0.10 0.10
$1,000-$9,999.99 Balance  0.15  0.15
$10,000-$49,999.99 Balance 0.25 0.25
$50,000 - $99, 999. 99 Balance 0.25 0.25
$100,000 and over Balance  0.35 0.35
Business Savings Account 0.10 0.10

 

For more details about our accounts and fees, please review our retail schedule of charges. (PDF download)

For our certificates of deposit (CDs) and CD/individual retirement accounts (IRAs), please note that:

  • They are not available to residents of New York, Nevada or Oregon.
  • Businesses cannot open these types of accounts online.

The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account weekly. Interest begins to accrue on the business day you deposit noncash items. Interest will be compounded daily and will be credited to the account monthly or quarterly, depending on the type of account. Interest on winter and summer savings accounts will be credited at maturity. For time accounts, a penalty may be imposed for early withdrawal.

Fees may reduce earnings