Kopernik Federal Bank, established in 1924, is a community bank providing personal service to the citizens of Maryland.  The bank offers competitive loan rates and savings rates from its one location in Baltimore.  Kopernik Federal offers an array of loan and savings plans to match an assortment of consumer needs. 

The bank’s federally insured certificate of deposit provides high earnings and peace of mind.  The interest earned on these bank CDs will be credited to the account monthly and upon maturity.  Interest is always available penalty-free.  A penalty may be imposed if the CD account holder withdraws any of the principal before the maturity date.  The bank CDs have a $1,000 minimum opening balance requirement.

6 month CD rate is 2.02% APY 
1 Year CD rate is 2.27% APY 
2 Year CD has an interest rate of 2.58% APY 
3 Year CD earns a rate of 2.78% APY 
4 Year CD yields 3.04% APY 
5 Year rate is 3.30% APY 

Kopernik Federal maintains a selection of checking account to choose from.  All of the checking accounts are easy to use with no fees for account holders that simply maintain the minimum balance.  A statement of account activity is mailed to the account holder monthly.  Direct deposit is also available.  The bank’s investor checking account earns a high yield but requires a $10,000 minimum balance.

The current rate on the investor checking account is 2.53% APY 

The bank also offers a standard interest bearing savings account designed for individuals who want to earn interest on growing cash balances.  The minimum balance for the passbook savings account is only $25.

The current interest rate earned on the passbook savings account is 1.26% APY 

Bank rates and CD rates are subject to change without notice, additional conditions may apply and fees may reduce earnings.  For up to date bank rate information, a customer service representative from Kopernik Federal Bank can be reached at 410-276-4905.  The Kopernik Federal website contains additional information on bank products and bank rates, the website can be found at www.kopernikbank.com.

For car loan rate information visit www.selectautorates.com.

For mortgage rates and mortgage calculators visit www.selectcalculators.com.

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