Crossroads Bank savings, CD and money market rates
Crossroads Bank's Personal / Business Savings lists 0.35% APY on balances of $50,000 or more, and 0.10% to 0.20% below that. On a $10,000 balance the account earns 0.10% overall, about $10 in a year, which is 0.28 percentage points below the national savings average of 0.38% (FDIC, Oct 2026).
Ranked #1425 of 3146 tracked savings rates by advertised APY. For a $10,000 balance it would rank #2080.
Crossroads Bank at a glance
| Savings | |
|---|---|
| Top savings APY | Up to 0.35% · Personal / Business Savings · needs at least $50,000 |
| Minimum to open | $50 · Personal / Business Savings |
| Against the national average | 0.03 percentage points below the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 3.86% · 24 months · 24 Month CD |
| Minimum to open | $2,000 · 24 months CD |
| Against the national average | 2.31 percentage points above the 1.55% FDIC 24-month CD average (Oct 2026) |
| Money market | |
| Top money market APY | Up to 0.30% · Money Market · needs at least $250,000 |
| Minimum to open | $1,000 · Money Market |
| Against the national average | 0.33 percentage points below the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 21486 · Effingham, IL |
|---|---|
| Website | www.crossroadsbank.com |
| Branches | 2 branches in IL |
| Availability | Available in IL |
Crossroads Bank savings, CD and money market rates
Personal
How the rate applies
How the rate applies
How the rate applies
How the rate applies
How the rate applies
IRA
Rates are annual percentage yields (APY). A variable rate may change after the account is opened. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal.
The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.20% or more. See the highest savings rates.
Crossroads Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | 3.00% | $2,000 | 3 Month CD |
| 6 months | 3.60% | $2,000 | 6 Month CD |
| 12 months | 3.60% | $2,000 | 12 Month CD |
| 18 months | 3.50% | $2,000 | 18 Month CD |
| 24 months | 3.86% | $2,000 | 24 Month CD |
| 30 months | 1.50% | $2,000 | 30 Month CD |
| 36 months | 3.20% | $2,000 | 36 Month CD |
| 48 months | 3.25% | $2,000 | 48 Month CD |
| 60 months | 3.30% | $2,000 | 60 Month CD |
| IRA CDs | |||
| 3 months | 3.00% | $2,000 | 3 Month IRA CD |
| 6 months | 3.60% | $2,000 | 6 Month IRA CD |
| 12 months | 3.60% | $2,000 | 12 Month IRA CD |
| 18 months | 3.50% | $2,000 | 18 Month IRA CD |
| 24 months | 3.86% | $2,000 | 24 Month IRA CD |
| 30 months | 1.50% | $2,000 | 30 Month IRA CD |
| 36 months | 3.20% | $2,000 | 36 Month IRA CD |
| 48 months | 3.25% | $2,000 | 48 Month IRA CD |
| 60 months | 3.30% | $2,000 | 60 Month IRA CD |
Interactive Tool
Calculate Savings for Crossroads Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$1,266.60(8.3%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,266.60
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Crossroads Bank 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. The 0.35% needs a balance of at least $50,000. Below that, the account advertises 0.10%.
In Q2 2026, Crossroads Bank paid a higher average rate on savings and money market deposits than 10% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Crossroads Bank, 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 |
|---|---|---|---|---|---|---|---|---|
| Super Christmas Club | Up to 4.00% | $1 | $0 | $2,000 | not stated | not stated | Tiered | |
| Fine print: Requires another account at the bank and an automatic deposit of at least $1 each month from a Crossroads Bank checking or savings account. No withdrawals are permitted except to close the account. The stated APY applies up to $2,000; balances above that earn a lower rate. | ||||||||
| Vacation Club | Up to 4.00% | $50 | $0 | $1,999.99 | not stated | not stated | Tiered | |
| Fine print: Requires an automatic deposit of at least $1 each month. Two withdrawals are allowed each calendar year; an excess withdrawal forfeits all accrued interest and closes the account. The stated APY applies up to $1,999.99; balances above that earn a lower rate. | ||||||||
| Health Savings Account | 1.50% | $100 | $0 | None | not stated | not stated | Tiered | |
| Personal / Business Savings | Up to 0.35% | $50 | $0 | None | not stated | not stated | Tiered | |
| Fine print: A $0.50 fee applies when the balance falls below $50. Each withdrawal beyond three in a four-week period costs $0.50. | ||||||||
| Christmas Savings Account | 0.10% | not stated | $0 | None | not stated | not stated | One rate | |
| Fine print: No withdrawals are permitted except to close the account. | ||||||||
| Read for Dollars Savings Account | 0.10% | $25 | $0 | None | not stated | not stated | One rate | |
| Fine print: A report card with an A in Reading or Literature, brought to the bank, earns an extra payment, limited to one per school quarter. | ||||||||
| Money Market | Up to 0.30% | $1,000 | $0 | None | not stated | not stated | Tiered | |
| Fine print: A $3 fee applies when the balance falls below $1,000. | ||||||||
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 | |||||
| 3 Month CD | 3 months | 3.00% | $2,000 | not stated | not stated |
| 6 Month CD | 6 months | 3.60% | $2,000 | not stated | not stated |
| 12 Month CD | 12 months | 3.60% | $2,000 | not stated | not stated |
| 18 Month CD | 18 months | 3.50% | $2,000 | not stated | not stated |
| 24 Month CD | 24 months | 3.86% | $2,000 | not stated | not stated |
| 30 Month CD | 30 months | 1.50% | $2,000 | not stated | not stated |
| 36 Month CD | 36 months | 3.20% | $2,000 | not stated | not stated |
| 48 Month CD | 48 months | 3.25% | $2,000 | not stated | not stated |
| 60 Month CD | 60 months | 3.30% | $2,000 | not stated | not stated |
| IRA CDs | |||||
| 3 Month IRA CD | 3 months | 3.00% | $2,000 | not stated | not stated |
| 6 Month IRA CD | 6 months | 3.60% | $2,000 | not stated | not stated |
| 12 Month IRA CD | 12 months | 3.60% | $2,000 | not stated | not stated |
| 18 Month IRA CD | 18 months | 3.50% | $2,000 | not stated | not stated |
| 24 Month IRA CD | 24 months | 3.86% | $2,000 | not stated | not stated |
| 30 Month IRA CD | 30 months | 1.50% | $2,000 | not stated | not stated |
| 36 Month IRA CD | 36 months | 3.20% | $2,000 | not stated | not stated |
| 48 Month IRA CD | 48 months | 3.25% | $2,000 | not stated | not stated |
| 60 Month IRA CD | 60 months | 3.30% | $2,000 | not stated | not stated |
Opening and using the account
| Availability | Available in IL |
|---|---|
| Footprint | 2 branches in IL |
| Eligibility | not stated |
How Crossroads Bank behaves over time
Every observation of the advertised Personal / Business Savings rate in the last 12 months was 0.35% (observed through Nov 7, 2026). The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Oct 9, 202618 Month CDCut:3.76%to3.50%
- 24 months CD
- The same as 30 days ago.
$10,000 in Crossroads Bank's Personal / Business Savings earns 0.10% overall at the advertised rates, so it grows to $10,010 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,649 does today. See how the federal funds rate shapes savings rates.
Crossroads Bank CD rates over time
Who is Crossroads Bank?
| Headquarters | Effingham, IL |
|---|---|
| Founded | 1974 |
| Scale | $235M assets · $195M deposits, $166M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 21486 |
| Charter state | Illinois · one of 325 insured banks chartered there (Q2 2026, FDIC) |
| Size | 2,798th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 60% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Crossroads Bank pays on deposits above.
Common questions about Crossroads Bank
Is Crossroads Bank FDIC insured?
Yes. Crossroads Bank is FDIC insured under certificate 21486, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Crossroads Bank?
Crossroads Bank requires a minimum deposit of $50 to open its Personal / Business Savings account, as observed on Nov 7, 2026. Check the bank's current terms before you open an account.
Does the 0.35% apply to my whole balance?
The 0.35% needs a balance of at least $50,000. Below that, the account advertises 0.10%. Rates are as observed on Nov 7, 2026.
Does Crossroads Bank have branches?
Yes. Crossroads Bank operates 2 branches according to FDIC branch records, in addition to its website and mobile apps.
Crossroads Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Crossroads Bank | Up to0.35% | 0.35% | $50 | 2 branches in IL |
| Albany Bank and Trust Company National Association | 0.35% | 1.80% | $500 | 4 branches in IL |
| Century Bank of Florida | 0.35% | 1.30% | $25,000 | 1 branch in FL |
| Dairy State Bank | 0.35% | 2.76% | $25 | 12 branches in WI |
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 Crossroads Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Illinois, nearest to Crossroads Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: banks in Illinois.