Laona State Bank savings, CD and money market rates
Laona State Bank's Savings Account offers 0.10% APY. That is 0.28 percentage points below the national savings average of 0.38% (FDIC, Oct 2026).
Ranked #2201 of 2929 tracked savings rates by advertised APY. For a $10,000 balance it would rank #2046.
Laona State Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 0.10% · Savings Account |
| Minimum to open | not stated · Savings Account |
| Against the national average | 0.28 percentage points below the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 4.07% · 12 months · 12 Month Special CD |
| Minimum to open | $10,000 · 12 months CD |
| Against the national average | 2.31 percentage points above the 1.76% FDIC 12-month CD average (Oct 2026) |
| Money market | |
| Top money market APY | Up to 1.51% · Individual Money Market Account · needs at least $50,000 |
| Minimum to open | $1,000 · Individual Money Market Account |
| Against the national average | 0.88 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 11601 · Laona, WI |
|---|---|
| Website | www.laonastatebank.com |
| Branches | 7 branches in WI |
| Availability | Available in WI |
Laona State Bank savings, CD and money market rates
Personal
How the rate applies
IRA
Business
How the rate applies
Rates are APY. The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 60 savings accounts from 59 banks in the Banksparency core savings index, the median advertised rate is 3.65%, and one account in ten advertises 4.20% or more. See the highest savings rates.
Laona State Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 1 months | 1.00% | $500 | 1 Month CD |
| 3 months | 1.26% | $500 | 3 Month CD |
| 6 months | 1.76% | $500 | 6 Month CD |
| 6 months | 3.82% | $10,000 | 6 Month Special CD |
| 12 months | 1.76% | $500 | 12 Month CD |
| 12 months | 4.07% | $10,000 | 12 Month Special CD |
| 24 months | 2.78% | $500 | 24 Month CD |
| 36 months | 2.78% | $500 | 36 Month CD |
| 36 months | 3.04% | $10,000 | 36 Month Special CD |
| 48 months | 3.04% | $500 | 48 Month CD |
| IRA CDs | |||
| 12 months | 2.50% | not stated | 12 Month IRA Variable Rate CD |
| 30 months | 3.02% | $500 | 30 Month IRA Fixed Rate CD |
Interactive Tool
Calculate Savings for Laona State Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$772.10(5.2%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,772.10
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Laona State 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.
In Q2 2026, Laona State Bank paid a higher average rate on savings and money market deposits than 33% of banks that reported a figure (3,938 banks; FDIC call report). The all-bank median was 1.45%.
- Laona State 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 3,938 banks that reported a figure for the quarter ending June 30, 2026.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Personal | ||||||||
| Health Savings Account | 1.00% | $100 | $0 | None | not stated | not stated | One rate | |
| Savings Account | 0.10% | not stated | $0 | None | not stated | not stated | One rate | |
| Christmas Club Account | 0.10% | not stated | $0 | None | not stated | not stated | One rate | |
| Individual Money Market Account | Up to 1.51% | $1,000 | $0 | None | not stated | not stated | Tiered | |
| Fine print: The account requires $1,000.00 to open. The lowest rate tier covers balances below $1,000.00, so that tier applies only if the balance falls below the opening minimum. | ||||||||
| Business | ||||||||
| Corp Money Market | 2.02% | $1,000 | $500 | None | not stated | not stated | Tiered | |
| Fine print: The account requires $1,000.00 to open. The lowest rate tier covers balances of $500.00 to $999.99, so that tier applies only if the balance falls below the opening minimum. | ||||||||
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 | |||||
| 1 Month CD | 1 months | 1.00% | $500 | not stated | not stated |
| 3 Month CD | 3 months | 1.26% | $500 | not stated | not stated |
| 6 Month CD | 6 months | 1.76% | $500 | not stated | not stated |
| 6 Month Special CD | 6 months | 3.82% | $10,000 | not stated | not stated |
| 12 Month CD | 12 months | 1.76% | $500 | not stated | not stated |
| 12 Month Special CD | 12 months | 4.07% | $10,000 | not stated | not stated |
| 24 Month CD | 24 months | 2.78% | $500 | not stated | not stated |
| 36 Month CD | 36 months | 2.78% | $500 | not stated | not stated |
| 36 Month Special CD | 36 months | 3.04% | $10,000 | not stated | not stated |
| 48 Month CD | 48 months | 3.04% | $500 | not stated | not stated |
| IRA CDs | |||||
| 12 Month IRA Variable Rate CD | 12 months | 2.50% | not stated | not stated | not stated |
| Fine print: The rate on this IRA certificate is variable. It can change at any time during the term. | |||||
| 30 Month IRA Fixed Rate CD | 30 months | 3.02% | $500 | not stated | not stated |
Opening and using the account
| Availability | Available in WI |
|---|---|
| Footprint | 7 branches in WI |
| Eligibility | not stated |
How Laona State Bank behaves over time
Every observation of the advertised Savings Account rate in the last 12 months was 0.10% (observed through Oct 14, 2026). The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Sep 3, 202612 Month Special CDRaise:3.30%to4.07%
- Obs. Sep 2, 202648 Month CDRaise:2.78%to3.04%
- Obs. Sep 2, 20266 Month Special CDRaise:3.61%to3.82%
- Obs. Sep 2, 202636 Month Special CDCut:3.30%to3.04%
- Savings Account
- The same as 30 days ago.
- 12 months CD
- The same as 30 days ago.
$10,000 at the 0.10% APY Laona State Bank advertises on Savings Account grows to $10,010 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 $9,681 does today. See how the federal funds rate shapes savings rates.
Laona State Bank CD rates over time
Who is Laona State Bank?
| Headquarters | Laona, WI |
|---|---|
| Founded | 1914 |
| Scale | $297M assets · $272M deposits, $225M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 11601 |
| Charter state | Wisconsin · one of 154 insured banks chartered there (Q2 2026, FDIC) |
| Size | 2,375th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 53% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Laona State Bank pays on deposits above.
Common questions about Laona State Bank
Is Laona State Bank FDIC insured?
Yes. Laona State Bank is FDIC insured under certificate 11601, so deposits are covered up to $250,000 per depositor, per ownership category.
Does Laona State Bank have branches?
Yes. Laona State Bank operates 7 branches according to FDIC branch records, in addition to its website and mobile apps.
Laona State Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Laona State Bank | 0.10% | 1.00% | not stated | 7 branches in WI |
| Alliance Bank | 0.10% | 1.33% | $300 | 7 branches in IN |
| Andover State Bank | 0.10% | 2.23% | not stated | 2 branches in KS |
| Argentine Federal Savings | 0.10% | 1.99% | $50 | 2 branches in KS |
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 Laona State Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Wisconsin, nearest to Laona State Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: money market rates in Wisconsin, and banks in Wisconsin.