Bank · FDIC insured
Cherokee State Bank Savings Rates
Cherokee State Bank’s best savings rate is 0.05% APY on $10,000, with its Money Market Premium. Rates checked October 16, 2026.
How Cherokee State Bank’s savings rates compare
Compared with banks and credit unions in Iowa, where Cherokee State Bank has the most branches. $10,000, best rate first.
This bank’s best
Cherokee State Bank
0.05%APY
- Minimum
- $50
- Earns on $10,000 a year
- $5
Regular Savings
Top rate
Employees Credit Union
3.82%APY
- Minimum
- $5,000
- Earns on $10,000 a year
- $381
2nd-highest rate
UMB Bank
3.71%APY
- Minimum
- —
- Earns on $10,000 a year
- $371
Cherokee State Bank savings score
63
Savings score
Higher than 8% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.05%
- $100,000 balance$100,0002.50%
- QualifiedQualified0.05%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Cherokee State Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Money Market Premium
0.05%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $50,000 | 0.05% | $5 |
| $50,000 – $75,000 | 1.50% | — |
| $75,000 – $100,000 | 2.00% | — |
| $100,000 and up | 2.50% | — |
Sources (2)
- cherokeestatebank.com/personal/banking/checking
- cherokeestatebank.com/uploads/…g%20Rates%2007-31-26.pdf
All captured Sep 18, 2026
Investor Savings
0.05%APY
Interest compounded daily and credited semiannually. Limit of four transfers or withdrawals per month. $5.00 plus tax activity fee for each debit transaction in excess of four during a business month. $0.10 fee for each deposit item in excess of 30 during a business month.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $25,000 | 0.05% | $5 |
| $25,000 – $100,000 | 0.07% | — |
| $100,000 and up | 0.15% | — |
Sources (2)
- cherokeestatebank.com/personal/banking/savings
- cherokeestatebank.com/uploads/…g%20Rates%2007-31-26.pdf
All captured Sep 18, 2026
Regular Savings
0.05%APY
Interest compounded daily and credited semiannually. Limit of four transfers or withdrawals per month. $1.00 plus tax activity fee for each debit transaction in excess of four during a business month.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $25,000 | 0.05% | $5 |
| $25,000 – $100,000 | 0.07% | — |
| $100,000 and up | 0.10% | — |
Sources (2)
- cherokeestatebank.com/personal/banking/savings
- cherokeestatebank.com/uploads/…g%20Rates%2007-31-26.pdf
All captured Sep 18, 2026
Special-purpose accounts
Individual Retirement Account (IRA) Savings
0.25%APY
No maintenance fees. Covers Traditional IRA, Roth IRA, and SEP-IRA wrappers. Traditional IRA requires income and under age 70½; Roth IRA direct contributions can be withdrawn penalty-free anytime; SEP-IRA requires age 21+ and employment 3 of last 5 years with company.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $10,000 | 0.15% | — |
| $10,000 – $50,000 | 0.25% | $25 |
| $50,000 – $100,000 | 0.40% | — |
| $100,000 and up | 1.00% | — |
Sources (2)
- cherokeestatebank.com/personal/banking/IRA-HSA
- cherokeestatebank.com/uploads/…g%20Rates%2007-31-26.pdf
All captured Sep 18, 2026
Health Savings Account (HSA)
0.05%APY
Must be covered under a high-deductible health plan (HDHP). Cannot be covered by any non-HDHP, enrolled in Medicare, or claimed as a dependent. $3.00 plus tax service charge if receiving paper statements (no service charge with monthly eStatements).
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $25,000 | 0.05% | $5 |
| $25,000 – $100,000 | 0.07% | — |
| $100,000 and up | 0.15% | — |
Sources (2)
- cherokeestatebank.com/personal/banking/IRA-HSA
- cherokeestatebank.com/uploads/…g%20Rates%2007-31-26.pdf
All captured Sep 18, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.