The Bank of Tescott savings, CD and money market rates
The Bank of Tescott's Traditions High Yield Savings advertises 3.16% APY on balances of $5,000 or more, and 0.50% below that. That is 2.78 percentage points above the national savings average of 0.38% (FDIC, Oct 2026).
Ranked #281 of 3121 tracked savings rates by advertised APY. For a $10,000 balance it would rank #171.
Estimate your earnings·What The Bank of Tescott actually pays
The Bank of Tescott at a glance
| Savings | |
|---|---|
| Top savings APY | 3.16% · Traditions High Yield Savings · needs at least $5,000 |
| Minimum to open | $100 · Traditions High Yield Savings |
| Against the national average | 2.78 percentage points above the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 3.85% · 15 months · 15 Month CD · needs at least $10,000 |
| Minimum to open | $1,000 · 15 months CD |
| Money market | |
| Top money market APY | Up to 1.13% · Legacy Money Market · needs at least $500,000 |
| Minimum to open | not stated · Legacy Money Market |
| Against the national average | 0.50 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 1868 · Tescott, KS |
|---|---|
| Website | www.bankoftescott.com |
| Branches | 6 branches in KS |
| Availability | Available in KS |
The Bank of Tescott 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
Business
How the rate applies
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.
The Bank of Tescott CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 3 months | 0.66%Needs at least $10,000 | $1,000 | 3 Month CD |
| 6 months | 3.45%Needs at least $10,000 | $1,000 | 6 Month CD |
| 9 months | 3.45%Needs at least $10,000 | $1,000 | 9 Month CD |
| 12 months | 3.45%Needs at least $10,000 | $1,000 | 12 Month CD |
| 15 months | 3.85%Needs at least $10,000 | $1,000 | 15 Month CD |
| 18 months | 3.85%Needs at least $10,000 | $1,000 | 18 Month CD |
| 24 months | 3.85%Needs at least $10,000 | $1,000 | 24 Month CD |
| 30 months | 3.49%Needs at least $10,000 | $1,000 | 30 Month CD |
| 36 months | 3.49%Needs at least $10,000 | $1,000 | 36 Month CD |
| 48 months | 3.49%Needs at least $10,000 | $1,000 | 48 Month CD |
| 60 months | 3.49%Needs at least $10,000 | $1,000 | 60 Month CD |
Interactive Tool
Calculate Savings for The Bank of Tescott
All calculations are based on APY.
Minimum balance for higher APY: $5,000
Savings Breakdown
- Interest Earned+$1,090.60(7.2%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,090.60
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What The Bank of Tescott 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 3.16% needs a balance of at least $5,000. Below that, the account advertises 0.50%.
In Q2 2026, The Bank of Tescott 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%.
- The Bank of Tescott, 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 | ||||||||
| Traditions High Yield Savings | 3.16% | $100 | $0 | None | not stated | not stated | Tiered | |
| Free Kasasa Saver | 2.00% | $50 | $0 | None | not stated | Linked account at the bank · direct deposit not stated | One rate | |
| Fine print: A linked Kasasa Cash or Kasasa Cash Back checking account is required, and the stated rate is earned only in a month when that checking account meets its own monthly qualifications. In any other month the balance earns the bank's base rate. | ||||||||
| Statement Savings | 0.10% | $50 | $0 | None | Avoid the $5 semi-annual minimum balance fee by maintaining a $50 minimum daily balance, can be waived | not stated | One rate | |
| Fine print: The minimum balance fee on this account is charged twice a year, not monthly, and is avoided by keeping a $50 minimum daily balance. Withdrawals beyond 18 in a semi-annual period cost $3 each. | ||||||||
| Children Savings | 0.10% | not stated | $0 | None | not stated | not stated | One rate | |
| Legacy Money Market | Up to 1.13% | not stated | $0 | None | not stated | not stated | Tiered | |
| Executive Money Market | Up to 1.13% | not stated | $0 | None | not stated | not stated | Tiered | |
| Money Market | 0.17% | $500 | $0 | None | Avoid the $10 minimum balance fee by maintaining a $500 minimum daily balance or $2,500 average balance, can be waived | not stated | Tiered | |
| Business | ||||||||
| Traditions High Yield Business Savings | 3.16% | $100 | $0 | None | not stated | not stated | Tiered | |
Fine print for 2 products above: The highest rate requires enrolment in online banking and eStatements. A $5 fee applies to each debit transaction beyond five in a monthly statement cycle.
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 |
|---|---|---|---|---|---|
| 3 Month CD | 3 months | 0.66% | $1,000 | not stated | not stated |
| 6 Month CD | 6 months | 3.45% | $1,000 | not stated | not stated |
| 9 Month CD | 9 months | 3.45% | $1,000 | not stated | not stated |
| 12 Month CD | 12 months | 3.45% | $1,000 | not stated | not stated |
| 15 Month CD | 15 months | 3.85% | $1,000 | not stated | not stated |
| 18 Month CD | 18 months | 3.85% | $1,000 | not stated | not stated |
| 24 Month CD | 24 months | 3.85% | $1,000 | not stated | not stated |
| 30 Month CD | 30 months | 3.49% | $1,000 | not stated | not stated |
| 36 Month CD | 36 months | 3.49% | $1,000 | not stated | not stated |
| 48 Month CD | 48 months | 3.49% | $1,000 | not stated | not stated |
| 60 Month CD | 60 months | 3.49% | $1,000 | not stated | not stated |
Opening and using the account
| Availability | Available in KS |
|---|---|
| Footprint | 6 branches in KS |
| Eligibility | not stated |
How The Bank of Tescott behaves over time
Every observation of the advertised Traditions High Yield Savings rate in the last 12 months was 3.16% (observed through Oct 28, 2026). The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Sep 23, 20266 Month CDRaise:2.91%to3.10%
- Obs. Sep 23, 20269 Month CDRaise:2.91%to3.10%
- Obs. Sep 23, 202612 Month CDRaise:2.91%to3.10%
- Obs. Sep 23, 202615 Month CDRaise:3.11%to3.49%
- Obs. Sep 23, 202618 Month CDRaise:3.11%to3.49%
- Traditions High Yield Savings
- The same as 30 days ago.
- 15 months CD
- The same as 30 days ago.
$10,000 at the 3.16% APY The Bank of Tescott advertises on Traditions High Yield Savings grows to $10,316 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 $9,944 does today. See how the federal funds rate shapes savings rates.
The Bank of Tescott CD rates over time
Who is The Bank of Tescott?
| Headquarters | Tescott, KS |
|---|---|
| Founded | 1887 |
| Scale | $648M assets · $574M deposits, $506M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 1868 |
| Charter state | Kansas · one of 185 insured banks chartered there (Q2 2026, FDIC) |
| Size | 1,404th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 75% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What The Bank of Tescott pays on deposits above.
Common questions about The Bank of Tescott
Is The Bank of Tescott FDIC insured?
Yes. The Bank of Tescott is FDIC insured under certificate 1868, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at The Bank of Tescott?
The Bank of Tescott requires a minimum deposit of $100 to open its Traditions High Yield Savings account, as observed on Oct 28, 2026. Check the bank's current terms before you open an account.
Does the 3.16% apply to my whole balance?
The 3.16% needs a balance of at least $5,000. Below that, the account advertises 0.50%. Rates are as observed on Oct 28, 2026.
Does The Bank of Tescott have branches?
Yes. The Bank of Tescott operates 6 branches according to FDIC branch records, in addition to its website and mobile apps.
The Bank of Tescott against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| The Bank of Tescott | 3.16% | 2.22% | $100 | 6 branches in KS |
| Amarillo National Bank | Up to3.15% | 2.44% | $30 | 35 branches in TX |
| First Federal Savings and Loan Association | Up to3.15% | 2.07% | $25 | 6 branches in MS |
| FirstBank | Up to3.15% | 1.95% | $100 | 132 branches across 5 states |
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 The Bank of Tescott's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Kansas, nearest to The Bank of Tescott in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: savings rates in Kansas, money market rates in Kansas, and banks in Kansas.