Central Pacific Bank Savings Account Rates

The Central Pacific Bank Savings rates are from the 50th state in the union, Hawaii. They were founded in 1954 by a small group of US veterans living on the islands. Today they are the 4th largest bank in the islands and have 39 branch offices located there.

There are a total of 3 types of savings account at Central Pacific Bank. The Starter Savings account requires a minimum deposit of $10 to open the account. With a minimum balance of $25, there is no monthly service fee. The savings rate is an APY of 0.03% which is compounded daily.

The personal savings account required a minimum deposit of $100 to open the account. To avoid the month service fee a balance of $300 must be maintained. This account is earning an APY of 0.03% and is compounded daily.

The Exceptional Savings account offers the best Savings account rates. This is set up in a tiered format with minimum balances of $1, $20,000 and $250,000. The associated APYs include 0.05%, 0.08% and 0.10%. If you do not make any withdraws during the month, then the APYs are given an added bonus also set up in a tiered format with minimum balances of $1, $10,000, $25,000 and $100,000. The associated APYs are 0.09%, 0.10%, 0.13% and 0.17%.

There are also the Central Pacific Bank Money Market rates that are referred to as the Super Savings Accounts. They are set up in a tiered format with minimum balances of $1, $10,000, $25,000 and $100,000. The corresponding APYs are 0.05%, 0.06%, 0.09% and 0.13%.

The Central Pacific Savings rates were posted on April 23, 2012 but are subject to change without notice.

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