Rates effective October 2, 2026, and subject to change at any time without notice.
Certificate of Deposit (CD) / Individual Retirement Account Specials
| Standard Annual Percentage Yield (APY) | Standard Interest Rate | *Relationship Pricing Annual Percentage Yield (APY) | *Relationship Pricing Interest Rate | |
| 4 month special | 3.19% | 3.15% | 3.45% | 3.41% |
| 6 month special | 3.24% | 3.20% | 3.49% | 3.45% |
| 11 month special | 3.14% | 3.10% | 3.39% | 3.35% |
| 15 month special | 2.98% | 2.95% | 3.24% | 3.20% |
| 20 month special | 2.93% | 2.90% | 3.19% | 3.15% |
$500 minimum to open and obtain APY unless otherwise stated. Penalty for early withdrawal. Fees may reduce earnings. APY is based on quarterly compounding. CD specials rates are applicable for the initial term only and will renew at next lower non-special standard term.
*Must have an active checking account with recurring deposits and or debit activity to obtain relationship pricing. Relationship pricing applies only to the 4 month special, 6 month special, 11 month special, 15 month special, 20 month special, and College Saver CD’s. CDARS Certificates of Deposit Accounts do not qualify for relationship pricing.
Certificate of Deposit (CD) / Individual Retirement Account (IRA) Standard Terms
| Standard Annual Percentage Yield (APY) | Standard Interest Rate | |
| 3 month | 0.10% | 0.10% |
| 6 month | 0.20% | 0.20% |
| 12 month | 0.30% | 0.30% |
| 18 month | 0.40% | 0.40% |
| 24 month | 0.45% | 0.45% |
| 30 month | 0.50% | 0.50% |
| 36 month | 0.55% | 0.55% |
| 48 month | 0.60% | 0.60% |
| 60 month | 0.70% | 0.70% |
$500 minimum to open and obtain APY unless otherwise stated. Penalty for early withdrawal. Fees may reduce earnings. APY is based on quarterly compounding.
College Saver CDs
| Standard Annual Percentage Yield (APY) | Standard Interest Rate | *Relationship Pricing Annual Percentage Yield (APY) | *Relationship Pricing Interest Rate | |
| 24 month | 1.00% | 1.00% | 1.15% | 1.15% |
| 48 month | 1.14% | 1.14% | 1.30% | 1.29% |
$100 minimum to open and obtain APY. Subsequent deposit minimum $25. Penalty for early withdrawal. The first named account holder must be under the age of 21. Additions will not be allowed beginning with the renewal period after the first named depositor reaches the age of 21.
*Must have an active checking account with recurring deposits and or debit activity to obtain relationship pricing. Relationship pricing applies only to the 6 month special, 11 month special, and College Saver CD’s. CDARS Certificates of Deposit Accounts do not qualify for relationship pricing.
Add-on IRAs
| Standard Annual Percentage Yield (APY) | Standard Interest Rate | |
| Open/Floating Time | 0.10% | 0.10% |
| 20 month | 0.45% | 0.45% |
| 24 month | 0.50% | 0.50% |
| 36 month | 0.60% | 0.60% |
| 48 month | 0.65% | 0.65% |
| 60 month | 0.75% | 0.75% |
Open Time Accounts no minimum to open. 20-60 month $500 minimum to open and obtain APY. Penalty for early withdrawal.
Add-on CDs
| Standard Annual Percentage Yield (APY) | Standard Interest Rate | |
| 24 month | 0.50% | 0.50% |
$500 minimum to open and obtain APY. Subsequent deposit minimum $100. Penalty for early withdrawal.
High Interest Checking
| Qualifications** are met | Annual Percentage Yield (APY) | Interest Rate |
| $0 - $25,000 | 3.50% | 3.45% |
| $25,001 & over | 0.05% | 0.05% |
| Qualifications** are not met | ||
| $0 & over | 0.00% | 0.00% |
Personal accounts only. $50 minimum deposit to open. **Interest rates may change after account is open. Fees could reduce earnings. APY is based on monthly compounding. ChexSystems reports may be pulled for new customers.
ELIGIBILITY REQUIREMENTS: In order for your account to earn an interest rate of 3.45% with an APY of 3.50% on balances up to $25,000.00 and earn an interest rate of 0.05% with an APY of 0.05% on any balances greater than $25,000.00, the following requirements must be met. You must have an ACH deposit(s) greater than or equal $500.00 and 15 Point of Sale (POS) or recurring debit card transactions greater than or equal to $10.00 each that have cleared during your monthly statement cycle. In addition, you must be signed up for online banking and enrolled in e-statements for your High Interest account. If you do not meet the requirements identified above, the entire balance will not earn any interest for that statement cycle.
UI Employee Advantage, Gold, and Friends Club Checking
| Annual Percentage Yield (APY) | Interest Rate | |
| $0 - 999 | 0.05% | 0.05% |
| $1,000 - $9,999 | 0.05% | 0.05% |
| $10,000 & over | 0.10% | 0.10% |
Interest rates may change after account is open. Fees could reduce earnings. APY is based on monthly compounding. ChexSystems reports may be pulled for new customers.
Limit of one Employee Advantage account type per individual. If direct deposit from an Employee Advantage company is discontinued, the account converts to a regular Savings account.
Employee Advantage
| Annual Percentage Yield (APY) | Interest Rate | |
| $0 - 999 | 0.00% | 0.00% |
| $1,000 & over | 0.05% | 0.05% |
Interest rates may change after account is open. Fees could reduce earnings. APY is based on monthly compounding. ChexSystems reports may be pulled for new customers.
Limit of one Employee Advantage account type per individual. If direct deposit from an Employee Advantage company is discontinued, the account converts to a regular Savings account.
Free, GO! and Penny Savers Savings
| Annual Percentage Yield (APY) | Interest Rate | |
| $0 & over | 0.10% | 0.10% |
Interest rates may change after account is open. Fees could reduce earnings. APY is based on quarterly compounding. ChexSystems reports may be pulled for new customers.
Gold Savings
| Annual Percentage Yield (APY) | Interest Rate | |
| $10,000 - $24,999 | 0.05% | 0.05% |
| $25,000 - $49,999 | 0.10% | 0.10% |
| $50,000 - $99,999 | 0.15% | 0.15% |
| $100,000 - $249,999 | 0.20% | 0.20% |
| $250,000 - $499,999 | 0.25% | 0.25% |
| $500,000 & over | 0.30% | 0.30% |
Gold Savings has the minimum of $10,000 to open and no interest earned for that day. Fees could reduce earnings. APY is based on quarterly compounding. ChexSystems reports may be pulled for new customers.
Employee Advantage
| Annual Percentage Yield (APY) | Interest Rate | |
| $0 & over | 0.10% | 0.10% |
Interest rates may change after account is open. Fees could reduce earnings. APY is based on monthly compounding. ChexSystems reports may be pulled for new customers.
Limit of one Employee Advantage account type per individual. If direct deposit from an Employee Advantage company is discontinued, the account converts to a regular Savings account.
Purpose Money Market
| Annual Percentage Yield (APY) | Interest Rate | |
| $25,000 - $99,999 | 2.29% | 2.27% |
| $100,000 - $249,999 | 2.55% | 2.52% |
| $250,000 - $499,999 | 2.80% | 2.76% |
| $500,000 - $999,999 | 3.05% | 3.01% |
| $1,000,000 & over | 3.45% | 3.40% |
Interest rates may change after account is open. Fees could reduce earnings. APY based on monthly compounding. ChexSystems reports may be pulled for new customers.
Limited time offer. Minimum $25,000 to open. Must have $25,000 new money and/or an active checking account with recurring deposits and/or debit card activity. Matured Hills Bank Certificates of Deposit can be deposited into this account and will qualify as new money. Limit one promotional account per customer. No public funds. The Bank reserves the right to deny deposit accounts over $5,000,000.
Investing In Our Community Money Market
| Annual Percentage Yield (APY) | Interest Rate | |
| $0 - $14,999 | 0.00% | 0.00% |
| $15,000 - $99,999 | 1.36% | 1.35% |
| $100,000 - $249,999 | 1.51% | 1.50% |
| $250,000 - $499,999 | 1.66% | 1.65% |
| $500,000 - $999,999 | 1.92% | 1.90% |
| $1,000,000 & over | 2.12% | 2.10% |
Interest rates may change after account is open. Fees could reduce earnings. APY based on monthly compounding. ChexSystems reports may be pulled for new customers.
Limited time offer. Initial deposit of $15,000 or more and future deposits must be new money. New money refers to funds that are not currently held at Hills Bank. Accounts will convert to Gold Premier money market account on 1/2/27. See Gold Premier money market terms.
Gold Premier Money Market
| Annual Percentage Yield (APY) | Interest Rate | |
| $15,000 - $99,999 | 0.30% | 0.30% |
| $100,000 - $249,999 | 0.60% | 0.60% |
| $250,000 - $499,999 | 0.70% | 0.70% |
| $500,000 - $999,999 | 0.80% | 0.80% |
| $1,000,000 & over | 0.90% | 0.90% |
$15,000 minimum to open. If balance falls below $15,000, no interest is earned for that day. Interest rates may change after account is open. Fees could reduce earnings. APY based on monthly compounding. ChexSystems reports may be pulled for new customers.
Money Market
| Annual Percentage Yield (APY) | Interest Rate | |
| $1,000 - $2,499 | 0.05% | 0.05% |
| $2,500 - $9,999 | 0.10% | 0.10% |
| $10,000 - $74,999 | 0.20% | 0.20% |
| $75,000 & over | 0.25% | 0.25% |
If balance falls below $1,000, no interest is earned for that day. Interest rates may change after account is open. Fees could reduce earnings. APY based on monthly compounding. ChexSystems reports may be pulled for new customers.
Employee Advantage
| Annual Percentage Yield (APY) | Interest Rate | |
| $0 - $999 | 0.00% | 0.00% |
| $1,000 & over | 0.10% | 0.10% |
Interest rates may change after account is open. Fees could reduce earnings. APY is based on monthly compounding. ChexSystems reports may be pulled for new customers.