Silver Lake Bank was opened in 1909 in Topeka, Kansas.  The bank also has three other bank branches in Kansas serving the local communities.  Silver Lake Bank serves these communities with a variety of individuals and businesses bank products and services.  Competitive rates of interest are offered on number of savings products and the deposits are insured by the Federal Deposit Insurance Corporation.

Silver Lake Bank’s offer a variety of CD’s terms available to accommodate customer’s needs.  CD earned interest is compounded quarterly on maturities of twelve months or longer.  The bank also has other interest payment options available. 

With a minimum deposit of $500.00, Silver Lake Bank provides the following CD rates and products:

A 91 day CD rate is 0.85 APY.
A 182 day CD rate is 1.15% APY.
A one year CD rate is 1.40% APY.
An eighteen month variable CD rate is 2.02% APY.
A two year jump CD rate is 1.50% APY.
A three year CD rate is 1.60% APY.
And a four year CD rate is 1.70% APY.

The two year jump up CD allows for the interest rate to be changed once during the term of the CD at the owner’s request.

Silver Lake Bank is also currently offering a few CD specials with a minimum opening balance of $500.00:

An eight month CD rate special is 1.90% APY.
A twenty month CD rate special is 2.20% APY.
And a thirty-three month CD rate special is 2.50% APY.

Band CD rates and interest rates are subject to change.  Additional conditions may apply.  To contact the bank directly for account information and current bank CD rates call 785-0232-0102.  More bank product information as well as current interest rates can be found on the bank website which is located at www.silverlakebank.com.

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