RATES at republic bank

Our Current Rates

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Interest Rates Effective March 12, 2024

Product Account Type Tiers/Minimum Balance Requirements Annual Percentage Yield (APY) Interest Rate1 Details
Republic Essential Checking Personal Not a Tiered Account 0.00% 0.00%

Minimum deposit to open: $25

Minimum balance to avoid fee: A maintenance fee of $7.00 will be imposed every statement cycle unless you maintain a minimum average daily balance of $100.00 for the monthly statement cycle. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

Other terms and conditions may apply1.

Republic Silver Checking with BaZing Personal Not a Tiered Account 0.00% 0.00%

Minimum deposit to open: $25

Monthly Maintenance Fee: $6.00 per statement cycle

Other terms and conditions may apply1.

Republic Platinum Checking with BaZing Personal Tier One: $0.01 0.10% 0.10%

Minimum Deposit to Open: $25

Minimum balance to avoid fee: A maintenance fee of $10.00 will be imposed every statement cycle unless you maintain a minimum average daily balance of $1,500.00 for the monthly statement cycle. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. 

Other terms and conditions may apply1.

Choice Checking Personal

Tier One: $0.00 – $15,000.00

Tier Two: $15,000.01-$999,999.999

2.00%

0.00%

1.98%

0.00%

Minimum deposit to open: $25

Online Only

Other terms and conditions may apply1.

Student Checking Personal Not a Tiered Account 0.00% 0.00%

Minimum deposit to open: $25

No minimum balance requirement

No monthly maintenance fee

Other terms and conditions may apply1.

Power Index Account Personal

Tier One: $0.00 – $9,999.99

Tier Two: $10,000.00+

0.00%

3.91%

0.00%

3.82%

Minimum deposit to open: $10,000

The minimum daily balance to obtain the stated APY and avoid the $30 maintenance fee is $10,000.

Other terms and conditions may apply1.

IRA Money Market Personal Not a Tiered Account 3.910% 3.842%

Minimum deposit to open: $25

No minimum daily balance to obtain stated APY; no monthly maintenance fee.

Other terms and conditions may apply1.

Executive Money Market Personal & Commercial

Tier One: $0.00 – $2,499.99

Tier Two: $2,500.00 – $9,999.99

Tier Three: 10,000.00 – $24,999.99

Tier Four: $25,000.00+

0.00%

0.10%

0.10%

0.10%

0.00%

0.10%

0.10%

0.10%

Minimum deposit to open: $2,500

The minimum daily balance to obtain the stated APY and avoid the $25 monthly maintenance fee is $2,500.

Other terms and conditions may apply1.

Business Money Market Commercial

Tier One: $0.00 – $5,000,000.00

Tier Two: $5,000,000+

0.10%

0.10%

0.10%

0.10%

Minimum deposit to open: $2,500

The required minimum average daily collected balance is $10,000. A $30 maintenance fee will be imposed every statement cycle.

Other terms and conditions may apply1.

Business Select MMA Commercial

Tier One: $0.00 – $2,499.99

Tier Two: $2,500.00 – $9,999.99

Tier Three: $10,000.00 – $24,999.99

Tier Four: $25,000.00 – $99,999.99

Tier Five: $100,000.00+

0.00%

0.10%

0.10%

0.10%

0.10%

0.00%

0.10%

0.10%

0.10%

0.10%

Minimum deposit to open: $2,500

Other terms and conditions may apply1.

Commercial Power Index Commercial

Tier One: $0.00 – $9,999.99

Tier Two: $10,000.00+

0.00%

3.91%

0.00%

3.82%

Minimum deposit to open: $10,000

The minimum daily balance to obtain the stated APY and avoid the $30 maintenance fee is $10,000.

Other terms and conditions may apply1.

1Rates may change at any time without notice. Fees may reduce earnings on account.

Earnings Credit Rate (ECR): For details and rate, please contact Treasury Management.

 
Product Account Type Tiers Annual Percentage Yield (APY) Interest Rate1 Details
Starter Statement Savings Personal Tier One: $0.00 – $24.99 Tier Two: $25.00+ 0.00% 0.10% 0.00% 0.10% Minimum Deposit to Open: $25
Republic Statement Savings Personal Tier One: $0.000 – $24.99 Tier Two: $25.00 – $4,999 Tier Three: $5,000.00+ 0.00% 0.10% 0.10% 0.00% 0.10% 0.10% Minimum Deposit to Open: $25
Commercial NOW Commercial Tier One: $0.00 – $999.99 Tier Two: $1,000.00 – $4,999.99 Tier Three: $5,000.00 – $24,999.99 Tier Four: $25,000.00+ 0.00% 0.10% 0.10% 0.10% 0.00% 0.10% 0.10% 0.10% Minimum Deposit to Open: $1,000
Commercial Savings Commercial Tier One: $0.00 – $999.99 Tier Two: $1,000.00+ 0.00% 0.10% 0.00% 0.10% Minimum Deposit to Open: $1,000
Commercial Sweep Commercial Tier One: $0.00 –  $149,999.99 Tier Two: $150,000.00 – $499,999.99 Tier Three: $500,000.00 – $999,999.99 Tier Four: $1,000,000.00+ 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Minimum Deposit to Open: $1,000
1Rates are subject to change at any time without notice. Fees may reduce earnings on account.
Term Annual Percentage Yield (APY) Interest Rate1
3 MONTH 0.50% 0.49%
6 MONTH 0.50% 0.49%
9 MONTH 0.75% 0.74%
12 MONTH 0.75% 0.74%
18 MONTH 1.00% 0.99%
24 MONTH 1.25% 1.24%
30 MONTH 1.25% 1.24%
36 MONTH 1.50% 1.49%
48 MONTH 1.50% 1.49%
60 MONTH 1.50% 1.49%
1Penalty may be imposed for early withdrawal. Fees may reduce earnings on account. Minimum deposit to open and earn interest: $1,000.
TermAnnual Percentage Yield (APY)Interest Rate1
3 MONTH IRA0.50%0.49%
6 MONTH IRA0.50%0.49%
9 MONTH IRA0.75%0.74%
12 MONTH IRA0.75%0.74%
18 MONTH IRA1.00%0.99%
24 MONTH IRA1.25%1.24%
30 MONTH IRA1.25%1.24%
36 MONTH IRA1.50%1.49%
48 MONTH IRA1.50%1.49%
60 MONTH IRA1.50%1.49%
1Penalty may be imposed for early withdrawal. Fees may reduce earnings on account. Minimum deposit to open and earn interest: $1,000.

Call 800-526-9127 or ask your banker for our current rates.

Call 800-526-9127 or ask your banker for our current rates.

1Activity restrictions and other fees may apply. Ask a banker for our Fee Schedule and Terms and Conditions.

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