Savings Account Rates Deal of the Day: Central Pacific Bank at 1% APY

Posted in Local Banks , Rates , Savings Account

Central Pacific Bank

Bonus time is the happiest time of year and with Central Pacific Bank you can celebrate the occasion with a higher-than-average savings account interest rate. Depositors can earn up to a 1% APY with the bank’s Super Savings Account. The savings account rate comes courtesy of a bonus.

The bonus savings account interest rate will only be paid as long as depositors “…make one deposit of $25 or more and no withdrawals.”

Other terms apply including:

  • Minimum opening balance of $100 required
  • A $200 daily minimum balance is required to avoid fees
  • A $5 monthly service charge will apply to the savings account if the daily minimum balance is not met
  • Interested compounded daily
  • Interested paid monthly
  • If account is closed within 180 days of opening a $40 early closure penalty will apply
  • FDIC insured

The Hawaii-based Central Pacific Bank is the main subsidiary of Central Pacific Financial Corp. World War II veterans first founded the bank in 1954, and since then the Central Pacific Bank has expanded to have locations throughout the Hawaiian Islands including Hawaii, Oahu, Maui and Kauai.

>>Savings Account Rates

Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.

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