Money Market Accounts and CDs

CD Specials

The following Interest Rates and Annual Percentage Yields (APY) are effective as of today's date.


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Term
Interest Rate APY

Certificate of Deposit Specials *Level 1: Base Interest Rate & APY

7 Month

0.10%

0.10%

22 Month

0.44%

0.44%

35 Month

0.70%

0.70%

55 Month

1.05%

1.05%

Certificate of Deposit Specials **Level II: Reward Interest Rate & APY

7 Month

0.18%

0.18%

22 Month

0.85%

0.85%

35 Month

1.10%

1.10%

55 Month

1.50%

1.51%

*Level I - Base Interest Rate: CD Client has no other account relationship with Blackhawk Bank.
**Level II - Reward Interest Rate: Available to clients of Blackhawk Bank with other accounts, one of which must be a Checking or Money Market Account with Payroll, Pension or Social Security Direct Deposit; or you must have an established minimum of 4 Online Bill-Payments or Automatic Debits per month. 

A minimum of $1,000.00 is required to open the account and earn the stated APY. No additional basis points may be added to the Base or Reward promotional Certificates of Deposit. A penalty may be imposed for early withdrawal. For more information, call 800.209.2616. Yields may change without notice. For other Terms, Interest Rates and APYs, please call a Personal Banker at 800.209.2616. CD IRAs also available.

'My Choice' CD

If you like to have total control of your investment funds with safe, insured, guaranteed returns, 'My Choice' CD is perfect for you. You can choose your term (from 13 - 60 months), add money and bump the rate once during the term. Read all the details here. Act now! This may be a limited time offer. 

Call a Blackhawk Personal Banker for the Interest Rate/Annual Percentage Yield for the term of your choice.

Savings & Money Market Accounts

Pay yourself first! Regular deposits into a Savings or Money Market Account paves the way to a solid financial future. We offer a variety of 'goal' accounts: just click on the account name to view features, benefits and account disclosures.


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Account Name
Benefits Minimum to Open Interest Earnings
Maintenance Fee
Youth Savings
Start young for a bright future!

Quarterly Statements, automatic transfers from Checking, 6 monthly transfers from Savings.

$50

Quarterly

$1.50 monthly if balance falls below $50 any day of the Statement Cycle

Regular Savings
An excellent way to help build your financial future.

Quarterly Statements, automatic transfers from Checking, 6 monthly transfers from Savings, no annual fee, ATM Card (optional).

Open this Account Online

$100

Quarterly

$5.00 monthly if balance falls below $200 any day of the Statement Cycle

Money Market Savings
Make deposits anytime, for any amount. Earn higher APY than Regular Savings, write checks.

Liquidity of funds, guaranteed returns, FDIC Insurance, automatic transfers from Checking to Money Market Savings.

$2,500

4 levels of monthly interest earnings

$10.00 monthly if balance falls below $2,500 any day of the Statement Cycle

Reward Money Market
As your investment grows, earnings become more rewarding.

Liquidity of funds, guaranteed returns, FDIC Insurance, automatic transfers from Checking to Reward Money Market

Open this Account Online

$15,000

5 levels of monthly interest earnings

$25.00 monthly if balance falls below $15,000 any day of the Statement cycle

Goal Setter Account
Establish or repair your credit rating.

If you need to establish or repair credit, the Goal Setter Account is the way to accomplish your objective.

Contact a Personal Banker for details

Interest rates/terms vary

$150 Origination Fee

Christmas Club Account
Put some 'jingle' in your pocket for the Holidays!

Unlimited deposits, automatic transfers from Checking available.

Any amount

Interest paid at maturity

None


Insured Safety with the FDIC; CDARS when your deposits exceed $250,000

The Federal Deposit Insurance Corporation is backed by the full faith and credit of the US government. Since the FDIC was established, no depositor has ever lost a penny of FDIC-insured funds. Coverage is automatic. To ensure funds are fully protected, depositors should understand their coverage limits. Learn all the details here, and visit the link to CDARS if your funds on deposit exceed $250,000.

Online & Mobile Banking

Get account alerts, check balances, verify deposits / withdrawals, confirm cleared checks, transfer funds, make payments to loans, deposit checks, use the calculators and more.

eStatements & Notices

Delivery of statements and noticed to your Inbox is safer than your Mailbox. Print only if you'd like to. Ask for a combined statement to see all your deposit accounts on one. Enroll now in NetTeller.

Debit MasterCard

Free transactions at any ATM with the Blackhawk Bank logo displayed on it, plus 4 transactions per statement cycle at foreign ATMs (those not owned or co-operated by Blackhawk) without a fee. The foreign ATM fee for transactions exceeding 4 per statement cycle is $2.00 per transaction.

24-Hour Bank-by-Phone

Enjoy many of the benefits and ease of online banking without the Internet. Call Toll-free 888.769.2600 and follow the prompts. 

Overdraft Options Guide

This printable guide to Overdraft coverage will help save you from additional charges and possible damage to your credit history should your account unexpectedly have insufficient funds. Learn how to 'Opt In' for coverage when making routine debit card purchases or ATM withdrawals.

Direct Deposit

Your payroll or government checks are safe & secure when they're directly deposited into your checking account. Direct Deposit eliminates the chance of your check being lost in the mail or stolen. Enroll with a Personal Banker.

Loan Discount

With your Blackhawk Bank Checking Account and Auto-Pay, you'll $ave big!

Safe Deposit Boxes

Protect your valuables from fire & theft by storing them in a private, secure Safe Deposit Box. Please call for Box sizes and availability: 

Safe Deposit Box Vaults are located at:

  • 400 Broad Street, Beloit | 608.364.8911
  • 2200 Cranston Road, Beloit | 608.364.8900
  • 5206 Elevator Road, Roscoe | 815.623.3323
  • 2475 N. Perryville Road, Rockford | 815.636.4371