Commercial State Bank, of Wagner savings, CD and money market rates
Commercial State Bank, of Wagner advertises 0.55% APY on its Savings Account. That is 0.18 percentage points above the national savings average of 0.37% (FDIC, Sep 2026).
Ranked #786 of 2284 tracked savings rates by advertised APY. For a $10,000 balance it would rank #605. The advertised rate has not changed in the 1 weeks since Banksparency began tracking it, through 1 Federal Reserve rate move.
Estimate your earnings·What Commercial State Bank, of Wagner actually pays
Commercial State Bank, of Wagner at a glance
| Savings | |
|---|---|
| Top savings APY | 0.55% · Savings Account |
| Minimum to open | $1 · Savings Account |
| Against the national average | 0.18 percentage points above the 0.37% FDIC savings average (Sep 2026) |
| CDs | |
| Top CD APY | 3.54% · 48 months · 48-Month CD (Quarterly Compounding) |
| Minimum to open | $500 · 48 months CD |
| Against the national average | 2.26 percentage points above the 1.28% FDIC 48-month CD average (Sep 2026) |
| Money market | |
| Top money market APY | 0.55% · MMDA Account |
| Minimum to open | $1,000 · MMDA Account |
| Against the national average | 0.08 percentage points below the 0.63% FDIC money market average (Sep 2026) |
| FDIC certificate | 9932 · Wagner, SD |
|---|---|
| Website | www.commercialstate.com |
| Branches | 1 branch in SD |
| Availability | Available in SD |
Commercial State Bank, of Wagner savings, CD and money market rates
Personal
IRA
Rates are APY. The national savings average is 0.37% (FDIC, Sep 2026). The top tracked savings rate on Banksparency is 5.50%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.65%, and one account in ten advertises 4.03% or more. See the highest savings rates.
Commercial State Bank, of Wagner CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | 1.00% | $500 | 91-Day CD |
| 6 months | 1.51% | $500 | 182-Day CD |
| 12 months | 2.02% | $500 | 12-Month CD (Quarterly Compounding) |
| 12 months | 2.01% | $500 | 12-Month CD (Semi-Annual Compounding) |
| 12 months | 2.00% | $500 | 12-Month CD (Annual Compounding) |
| 18 months | 2.27% | $500 | 18-Month CD (Quarterly Compounding) |
| 18 months | 2.26% | $500 | 18-Month CD (Semi-Annual Compounding) |
| 24 months | 2.52% | $500 | 24-Month CD (Quarterly Compounding) |
| 24 months | 2.52% | $500 | 24-Month CD (Semi-Annual Compounding) |
| 30 months | 2.78% | $500 | 30-Month CD (Quarterly Compounding) |
| 30 months | 2.77% | $500 | 30-Month CD (Semi-Annual Compounding) |
| 36 months | 3.03% | $500 | 36-Month CD (Quarterly Compounding) |
| 36 months | 3.02% | $500 | 36-Month CD (Semi-Annual Compounding) |
| 48 months | 3.54% | $500 | 48-Month CD (Quarterly Compounding) |
| 48 months | 3.53% | $500 | 48-Month CD (Semi-Annual Compounding) |
| IRA CDs | |||
| 18 months | 1.51% | $500 | 18-Month Fixed Rate IRA & SEP |
| 18 months | 1.51% | $10 | 18-Month Variable IRA & SEP |
| 48 months | 1.76% | $500 | 48-Month Fixed Rate IRA & SEP |
Interactive Tool
Calculate Savings for Commercial State Bank, of Wagner
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$206.30(1.5%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,206.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Commercial State Bank, of Wagner pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, Commercial State Bank, of Wagner paid a higher average rate on savings and money market deposits than 16% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Commercial State Bank, of Wagner, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Savings Account | 0.55% | $1 | $0 | None | not stated | not stated | One rate | |
| MMDA Account | 0.55% | $1,000 | $0 | None | Service Charge: $15.00 + $0.15 per withdrawal if balance falls below the minimum balance ($1000 minimum balance). | not stated | One rate |
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 91-Day CD | 3 months | 1.00% | $500 | not stated | not stated |
| 182-Day CD | 6 months | 1.51% | $500 | not stated | not stated |
| 12-Month CD (Quarterly Compounding) | 12 months | 2.02% | $500 | not stated | not stated |
| 12-Month CD (Semi-Annual Compounding) | 12 months | 2.01% | $500 | not stated | not stated |
| 12-Month CD (Annual Compounding) | 12 months | 2.00% | $500 | not stated | not stated |
| 18-Month CD (Quarterly Compounding) | 18 months | 2.27% | $500 | not stated | not stated |
| 18-Month CD (Semi-Annual Compounding) | 18 months | 2.26% | $500 | not stated | not stated |
| 24-Month CD (Quarterly Compounding) | 24 months | 2.52% | $500 | not stated | not stated |
| 24-Month CD (Semi-Annual Compounding) | 24 months | 2.52% | $500 | not stated | not stated |
| 30-Month CD (Quarterly Compounding) | 30 months | 2.78% | $500 | not stated | not stated |
| 30-Month CD (Semi-Annual Compounding) | 30 months | 2.77% | $500 | not stated | not stated |
| 36-Month CD (Quarterly Compounding) | 36 months | 3.03% | $500 | not stated | not stated |
| 36-Month CD (Semi-Annual Compounding) | 36 months | 3.02% | $500 | not stated | not stated |
| 48-Month CD (Quarterly Compounding) | 48 months | 3.54% | $500 | not stated | not stated |
| 48-Month CD (Semi-Annual Compounding) | 48 months | 3.53% | $500 | not stated | not stated |
| IRA CDs | |||||
| 18-Month Fixed Rate IRA & SEP | 18 months | 1.51% | $500 | not stated | not stated |
| 18-Month Variable IRA & SEP | 18 months | 1.51% | $10 | not stated | not stated |
| 48-Month Fixed Rate IRA & SEP | 48 months | 1.76% | $500 | not stated | not stated |
Opening and using the account
| Availability | Available in SD |
|---|---|
| Footprint | 1 branch in SD |
| Eligibility | not stated |
How Commercial State Bank, of Wagner behaves over time
Every observation of the advertised Savings Account rate in the last 12 months was 0.55% (observed through Sep 23, 2026). The series includes promotional tiers where one applied.
Commercial State Bank, of Wagner has not changed its advertised savings rate in the 1 weeks since Banksparency began tracking it, through 1 Federal Reserve rate move.
- Rate last changed
- Sep 16, 2026(effective date)
$10,000 at the 0.55% APY Commercial State Bank, of Wagner advertises on Savings Account grows to $10,055 in a year. Prices rose 3.4% in the year to August 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,724 does today. See how the federal funds rate shapes savings rates.
Commercial State Bank, of Wagner CD rates over time
Who is Commercial State Bank, of Wagner?
| Headquarters | Wagner, SD |
|---|---|
| Founded | 1902 |
| Scale | $260M assets · $219M deposits, $183M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 9932 |
| Charter state | South Dakota · one of 56 insured banks chartered there (Q2 2026, FDIC) |
| Size | 2,661st-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 17% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Commercial State Bank, of Wagner pays on deposits above.
Common questions about Commercial State Bank, of Wagner
Is Commercial State Bank, of Wagner FDIC insured?
Yes. Commercial State Bank, of Wagner is FDIC insured under certificate 9932, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Commercial State Bank, of Wagner?
Commercial State Bank, of Wagner requires a minimum deposit of $1 to open its Savings Account, as observed on Sep 23, 2026. Check the bank's current terms before you open an account.
Does Commercial State Bank, of Wagner have branches?
Yes. Commercial State Bank, of Wagner operates 1 branch according to FDIC branch records, in addition to its website and mobile apps.
Commercial State Bank, of Wagner against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Commercial State Bank, of Wagner | 0.55% | 0.56% | $1 | 1 branch in SD |
| First Northern Bank of Wyoming | 0.55% | 2.40% | $5 | 5 branches in WY |
| HomeBank | 0.55% | 1.74% | $500 | 9 branches in IL, MO |
| John Marshall Bank | 0.55% | 1.72% | $100 | 8 branches in DC, MD, VA |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Commercial State Bank, of Wagner's.
Similar banks and related pages
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Rate hubs: today's highest savings rates, CD rates by term, and money market rates.