Silver Lake Bank savings and CD rates
Silver Lake Bank advertises 0.20% APY on its Regular Savings account. That is 0.17 percentage points below the national savings average of 0.37% (FDIC, Sep 2026).
Ranked #1761 of 2865 tracked savings rates by advertised APY. For a $10,000 balance it would rank #1573.
Silver Lake Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 0.20% · Regular Savings |
| Minimum to open | $50 · Regular Savings |
| Against the national average | 0.17 percentage points below the 0.37% FDIC savings average (Sep 2026) |
| CDs | |
| Top CD APY | 4.00% · 11 months · 11 Month Special CD · needs a linked account at the bank |
| Minimum to open | $500 · 11 months CD |
| Against the national average | 2.27 percentage points above the 1.73% FDIC 12-month CD average (Sep 2026) |
| FDIC certificate | 15323 · Topeka, KS |
|---|---|
| Website | www.silverlakebank.com |
| Branches | 6 branches in KS |
| Availability | Available in KS |
Silver Lake Bank savings and CD rates
Personal
IRA
Business
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 4.16% or more. See the highest savings rates.
Silver Lake Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | 0.20% | $500 | 91 Day CD |
| 6 months | 1.10% | $500 | 182 Day CD |
| 11 months | 4.00%That 4.00% is a promotional rate. | $500 | 11 Month Special CD |
| 11 months | 3.70%That 3.70% is a promotional rate. | $500 | 11 Month Special CD (without checking or loan) |
| 12 months | 1.90% | $500 | 12 Month CD |
| 12 months | 1.71% | $1,000 | 12 Month Add-to CD |
| 24 months | 2.02% | $500 | 24 Month Jump CD |
| 36 months | 2.02% | $500 | 36 Month CD |
| 48 months | 2.02% | $500 | 48 Month CD |
| IRA CDs | |||
| 3 months | 0.20% | $500 | 91 Day IRA |
| 6 months | 1.10% | $500 | 182 Day IRA |
| 12 months | 1.90% | $500 | 12 Month IRA |
| 36 months | 2.02% | $500 | 36 Month IRA |
| 48 months | 2.02% | $500 | 48 Month IRA |
Interactive Tool
Calculate Savings for Silver Lake Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$301.10(2.1%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,301.10
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Silver Lake 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, Silver Lake Bank paid a higher average rate on savings and money market deposits than 77% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Silver Lake 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 |
|---|---|---|---|---|---|---|---|---|
| Personal | ||||||||
| Regular Savings | 0.20% | $50 | $0 | None | No quarterly service charge if an ALB of $200 or more is maintained. If ALB falls below $200, a $9 quarterly service charge will apply ($3 each month ALB less than $200). | not stated | One rate | |
| Fine print: A $3 service charge applies for each month the average ledger balance is under $200, assessed quarterly. Up to 3 withdrawals per month are free; each additional withdrawal costs $1. | ||||||||
| Business | ||||||||
| Church Investment Account | 0.80% | not stated | $0 | None | not stated | 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 | 0.20% | $500 | not stated | not stated |
| 182 Day CD | 6 months | 1.10% | $500 | not stated | not stated |
| 11 Month Special CD | 11 months | 4.00% | $500 | not stated | not stated |
| Fine print: Special rate available only to customers with transaction accounts and/or loans at the bank. | |||||
| 11 Month Special CD (without checking or loan) | 11 months | 3.70% | $500 | not stated | not stated |
| Fine print: This special rate applies to customers without an active checking account or loan at the bank. | |||||
| 12 Month CD | 12 months | 1.90% | $500 | not stated | not stated |
| 12 Month Add-to CD | 12 months | 1.71% | $1,000 | not stated | not stated |
| Fine print: No penalty applies to close the certificate early or to make one withdrawal per quarter, except within the first 6 days after a deposit. | |||||
| 24 Month Jump CD | 24 months | 2.02% | $500 | not stated | not stated |
| 36 Month CD | 36 months | 2.02% | $500 | not stated | not stated |
| 48 Month CD | 48 months | 2.02% | $500 | not stated | not stated |
| IRA CDs | |||||
| 91 Day IRA | 3 months | 0.20% | $500 | not stated | not stated |
| 182 Day IRA | 6 months | 1.10% | $500 | not stated | not stated |
| 12 Month IRA | 12 months | 1.90% | $500 | not stated | not stated |
| 36 Month IRA | 36 months | 2.02% | $500 | not stated | not stated |
| 48 Month IRA | 48 months | 2.02% | $500 | not stated | not stated |
Opening and using the account
| Availability | Available in KS |
|---|---|
| Footprint | 6 branches in KS |
| Eligibility | not stated |
How Silver Lake Bank behaves over time
Every observation of the advertised Regular Savings rate in the last 12 months was 0.20% (observed through Oct 7, 2026). The series includes promotional tiers where one applied.
- Regular Savings
- The same as 30 days ago.
- 11 months CD
- The same as 7 days ago.
- Rate last changed
- Sep 29, 2026(effective date)
$10,000 at the 0.20% APY Silver Lake Bank advertises on Regular Savings grows to $10,020 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 $9,691 does today. See how the federal funds rate shapes savings rates.
Silver Lake Bank CD rates over time
Who is Silver Lake Bank?
| Headquarters | Topeka, KS |
|---|---|
| Founded | 1909 |
| Scale | $548M assets · $445M deposits, $366M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 15323 |
| Charter state | Kansas · one of 185 insured banks chartered there (Q2 2026, FDIC) |
| Size | 1,719th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 72% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Silver Lake Bank pays on deposits above.
Common questions about Silver Lake Bank
Is Silver Lake Bank FDIC insured?
Yes. Silver Lake Bank is FDIC insured under certificate 15323, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Silver Lake Bank?
Silver Lake Bank requires a minimum deposit of $50 to open its Regular Savings account, as observed on Oct 7, 2026. Check the bank's current terms before you open an account.
Does Silver Lake Bank have branches?
Yes. Silver Lake Bank operates 6 branches according to FDIC branch records, in addition to its website and mobile apps.
Silver Lake Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Silver Lake Bank | 0.20% | 2.21% | $50 | 6 branches in KS |
| Aroostook County Federal Savings and Loan Association | 0.20% | 1.92% | $5 | 2 branches in ME |
| Bank Forward | 0.20% | 3.74% | $200 | 12 branches in MN, ND |
| Bank of Prairie du Sac | 0.20% | 2.46% | $100 | 2 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 Silver Lake Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Kansas, nearest to Silver Lake Bank in deposits:
Rate hubs: today's highest savings rates, and CD rates by term.
State pages: banks in Kansas.