Power Savings

This great savings account is linked to your FREE high-interest Power Checking account, so your interest earnings and nationwide ATM fee refunds are automatically transferred into your Power Savings account for extra savings power!

All you have to do is meet the monthly qualifications on Power Checking, and seamless savings are yours to enjoy and grow!

  • Linked to PowerChecking account
  • ATM refunds and interest from Power Checking will post to savings account
  • Power Rate applies if Power Checking Rewards qualifications are met
  • 1.51% APY on balances up to $25,000, 0.10% APY on any portion of the balance greater than $25,000
  • 0.05% APY* if qualifications are not met on Power Checking
  • No monthly service charges
  • No monthly balance to earn rewards
  • $100 deposit to open account
  • Interest compounded monthly and credited each monthly statement cycle
  • No paper statement fee
  • Excessive withdrawal fee of $10.00 per statement
  • Free online banking
  • Free mobile banking
  • Free eStatements
  • FDIC insured

View our current rates.

Residents within a 100-mile radius of Dubuque, Dyersville, or West Des Moines, Iowa only please.


Qualifications are so easy you're probably already doing them! To earn your rewards, simply do the following activities and transactions in your Power Checking account each monthly qualification cycle:

  • Have at least 15 debit card purchases post and settle
  • Enroll in and receive electronic statements
  • Have at least one direct deposit, automatic debit from a third party, or online bill pay transaction post and clear each cycle

View our qualification period calendar.

There is no need to worry if you don't meet the qualifications on any given cycle. You still get free checking and earn our base rate of 0.05% APY, and you get the opportunity to qualify again the very next monthly qualification cycle!

*Annual Percentage Yield (APY). Power Savings qualification cycles work in conjunction with your Power Checking account (see above). Daily Balance Method used to calculate interest on account. This method applies a daily periodic rate to the principal balance in the account each day. Rates are variable; please refer to our Deposit Rates for current rates. Transfers from these accounts to another account or to a third party by preauthorized, automatic, online or telephone transfer are limited to six per calendar month with none by check or by similar order. If these transaction limitations are exceeded three times in a 12-month period, the account will be closed or converted to another type of transaction account allowing unlimited third-party transfers. There is a $10.00 service charge for each monthly statement cycle for excess activity of more than six withdrawals/transfers per statement cycle. Fees may reduce earnings. Rates are accurate as of April 1, 2019.