Savings Services

A deposit with Equitable Bank offers you growth and security. We're here to help you begin saving for your future with variable investments that suit your lifestyle today and tomorrow. At Equitable, when you deposit, we return.

Money Market Deposit Account

Enjoy growth, security and accessibility. Your money earns interest at a competitive rate.

• $500.00 Opening Balance
• Six transfers or withdrawals per month
• Monthly statements with check images
• Unlimited transfers for loans and associated expenses to Equitable, in-person transfers between accounts, or cash withdrawals

Health Savings Account

An HSA is an IRA-like account that is designed exclusively for covering medical expenses. HSAs can provide significant tax benefits to eligible individuals, they may also provide benefits similar to many tax-favored retirement plans.

• Free check card
• Low monthly fee based on account balance*

Read about additional benefits and eligibility for Health Savings Accounts

*No monthly fee if account balance exceeds $1000

IRA Savings Account

Enjoy the benefits of an IRA with the flexibility of a savings account. While normal IRS distribution rules apply, with the variable rate IRA Savings Account, you're not locked into a fixed rate and term like a Certificate of Deposit. Available in both Traditional and Roth IRAs, our Personal Bankers can help you decide which is right for you.

• $50 minimum to open
• No maintenance fees
• Competitive rates

Nebraska Long Term Care Savings Plan

The Nebraska Long Term Care Savings Plan (LTCSP) provides a new option for long-term care planning. While other states have offered tax deductions for long-term care expenses, Nebraska is the first in the nation to offer tax incentives to save and pay long-term care expenses - including long-term care insurance premiums.The LTCSP allows you to deposit as much as $165,000 per person into a tax-free savings account, with the added benefit of an annual tax deduction.

Monies deposited into your account will accrue interest, tax-free, until withdrawn:

• At any age, as long as it is used for long-term care needs
• At age 50 or above for long-term care premiums
• When transferred to a beneficiary after death

Funds may also be transferred to a spouse or anyone in whom the participant has an insurable interest.

Certificates of Deposit

Because you're looking for the maximum return for your hard-earned dollar, we offer short or long-term CDs at very competitive rates. Let one of our experienced staff help you select the best investment.

• $500.00 Opening Balance
• Option to renew within ten calendar days after the maturity date
• Choice of 3, 6, 12, 24, 36, 48, or 60 month terms, and specials on occasion

CDARS (Certificate of Deposit Account Registry Service)

Looking for a way to keep large deposits safe? Ask us about CDARS®. Through this program, you can access FDIC protection on multi-million dollar CD investments through Equitable Bank. There are few guarantees in life - FDIC insurance is one of them. CDARS can be a valuable cash management or longer-term investment tool for you.¹

• Simple - one-stop shopping
• Safe - your money can access multi-million dollar FDIC insurance coverage
• Convenient - you work directly with us. You earn one interest rate and receive one regular statement and one year-end tax form
• Community Investment - The full value of your money can support lending opportunities within your local community²
• CD-Level Rates - Your money earns CD-level returns which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts, and money market funds.

How CDARS works

1. Funds may be submitted for placement only after a depositor enters into the CDARS Deposit Placement Agreement with Equitable Bank. The agreement contains important information and conditions regarding the placement of funds by us.
2. This benefit applies to some, but not all types of CDARS transactions. Let us know if this is important to you so we can explain the relevant terms and conditions in more detail.

Individual Retirement Accounts

Because you're looking for the maximum return for your hard-earned dollar, we offer IRA accounts at very competitive rates. In addition to the Traditional IRA, Equitable offers the Roth IRA and Education IRA. Let one of our experienced staff help you to select the best investment.

• $50.00 Opening Deposit
• No set-up or maintenance fees
• Fixed rate and term IRAs are offered in 7 standard terms with specials on occasion
• If you're 59 1/2 or older, you may "step up" to a different Equitable IRA CD rate and/or term one time per year without penalty.

Learn more about which IRA is right for you.

Savings Accounts

A basic interest-bearing savings account

• $50.00 Opening Deposit
• No monthly service charge
• Six transfers or withdrawals per month
• Unlimited transfers for loans and associated expenses to Equitable, in-person transfers between accounts, or cash withdrawals

Christmas Club Savings

A simple way to save money for the holidays.

• $50.00 Opening Deposit
• No monthly service charge
• Interest paid at maturity (October 15th, annually).
• Account balance paid at maturity (October 15th, annually)