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Time Deposit and Other Accounts

Current Specials

2.75% | 13 Month Certificate of Deposit*

  • Annual Percentage Yield is 2.78%
  • Minimum of $100,000 to open
  • At maturity, will renew for the current 12 month rate
  • 10 day grace period
  • Penalty for early withdrawals

2.96% | 25 Month Certificate of Deposit*

  • Annual Percentage Yield is 2.99%
  • Minimum of $100,000 to open
  • At maturity, will renew for the current 24 month rate
  • 10 day grace period
  • Penalty for early withdrawals
*Effective as of 8/31/18. $100,000.00 minimum to open a Certificate of Deposit (CD). Clients are allowed to open multiple CD’s. FDIC insurance is up to $250,000.00 per depositor, per insured bank, for each ownership category. Early withdrawal penalties will apply. Fees may reduce earnings on this account. At maturity, the 13 month CD will roll into a 12 month CD and the 25 month CD will roll into a 24 month CD, at the current rate at time of maturity.

1.84% | 15 Month Floating Rate Certificate of Deposit

  • Rate will float at 35% of Prime**
  • Rate will never fall below the initial rate at time of opening
  • Minimum of $1,000 to open
  • Single maturity, does not accrue interest after maturity
  • Option to add to CD anytime during the 15 months

**The Magnificent 15’s Prime Rate index will be based on The Wall Street Journal’s Prime Rate, effective as of 09/27/2018, which is currently 5.25%. The Initial Interest Rate will be 1.84% and the effective Annual Percentage Yield (APY) will be 1.85%. The interest rate will never fall below the initial rate at the time of opening. All APYs are subject to change at any time without notice after the account is opened. Clients are allowed to open multiple CDs. FDIC insurance is up to $250,000.00 per depositor, per insured bank, for each ownership category. Early withdrawal penalties will apply. Fees may reduce earnings on this account.

Time Deposits Account Rates

Also know as Certificates of Deposits, a Royal Banks of Missouri Certificate of Deposit (CD) is a safe and secure way to earn higher interest rates on your savings for a fixed period of time.

With a variety of CD terms, you can choose to invest your money anywhere from 3 to 60 months.  If you know exactly how long you can invest money before you need it back, this could be the ideal savings method for you.

Get higher yields and the security of FDIC insurance on all CDs.

Royal Banks of Missouri offers rates that are competitive to the St. Louis market.