Bank · FDIC insured
State Savings Bank Savings Rates
Top CarrotState Savings Bank’s best savings rate is 1.11% APY on $10,000, with its Super Savings. Rates checked October 16, 2026.
How State Savings Bank’s savings rates compare
Compared with banks and credit unions near Des Moines, IA, where State Savings Bank has the most branches. $10,000, best rate first.
This bank’s best
State Savings Bank
1.11%APY
- Minimum
- $2,500
- Earns on $10,000 a year
- $111
Super Savings
Top rate
UMB Bank
3.71%APY
- Minimum
- —
- Earns on $10,000 a year
- $371
2nd-highest rate
Iowa Trust
3.70%APY
- Minimum
- $100
- Earns on $10,000 a year
- $370
State Savings Bank savings score
86
Savings score
Higher than 75% of U.S. banks and credit unions
- $1,000 balance$1,0001.05%
- $10,000 balance$10,0001.11%
- $100,000 balance$100,0001.16%
- QualifiedQualified1.11%
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 State Savings 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.
First-time Homebuyer Savings
2.12%APY
Available to qualified residents of Iowa living in Polk, Jasper, and surrounding counties. Tax-advantaged savings account for eligible first-time homebuyers. Minimum balance fee of $5.00/quarter applies if balance falls below $100.00 on any day of the statement cycle. Account must be open a minimum of 90 days before funds can be used toward a qualified home purchase. Interest compounds and credits quarterly.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $20,000Tier applies to daily balance up to $20,000.00. Interest compounds and credits quarterly. | 2.12% | $212 | Tier applies to daily balance up to $20,000.00. Interest compounds and credits quarterly. |
| Over $20,000Tier applies to daily balance $20,000.01 & over. APY stated as a range from 3.96% to 0.65%. Interest compounds and credits quarterly. | 0.65% | — | Tier applies to daily balance $20,000.01 & over. APY stated as a range from 3.96% to 0.65%. Interest compounds and credits quarterly. |
Sources (3)
All captured Oct 5, 2026
Super Savings
1.11%APY
Consumer account. Minimum balance fee of $5.00/month applies if balance falls below $2,500.00 on any day of the statement cycle. Interest compounds and credits monthly.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500Applies to daily balance under $2,500.00. $5.00/month fee if balance falls below $2,500.00 on any day of the statement cycle. Interest compounds and credits monthly. | 1.06% | — | Applies to daily balance under $2,500.00. $5.00/month fee if balance falls below $2,500.00 on any day of the statement cycle. Interest compounds and credits monthly. |
| $2,500 – $20,000Applies to daily balance $2,500.00 - $19,999.99. Interest compounds and credits monthly. | 1.11% | $111 | Applies to daily balance $2,500.00 - $19,999.99. Interest compounds and credits monthly. |
| $20,000 and upApplies to daily balance $20,000.00 & over. Interest compounds and credits monthly. | 1.16% | — | Applies to daily balance $20,000.00 & over. Interest compounds and credits monthly. |
Special-purpose accounts
Classic Savings
1.05%APY
Minimum balance requirements waived for customers under 18 or 65 and older. Minimum balance fee of $5.00/quarter applies if balance falls below $100.00 on any day of the statement cycle. Interest compounds and credits quarterly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceInterest calculated using the daily balance method, compounded and credited quarterly.Any balance | 1.05% | $105 | Interest calculated using the daily balance method, compounded and credited quarterly. |
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.