Today’s Banking Rates

Account Product NameInterest RateAnnual Percentage Yield (APY)Minimum Opening DepositMinimum Balance to Avoid Monthly Service Fee
Business Money Market2.23%2.25%$100$5,000 or $20 Fee*
CD & IRA - 6 Months1.19%1.20%$1,000Quarterly Post or Interest Checks**
CD & IRA - 11 Months4.91%5.00%$1,000Quarterly Post or Interest Checks**
CD & IRA - 12 Months1.73%1.75%$1,000Quarterly Post or Interest Checks**
CD & IRA - 18 Months1.78%1.80%$1,000Quarterly Post or Interest Checks**
CD & IRA - 19 Months***2.52%2.55%$1,000Quarterly Post or Interest Checks**
CD & IRA - 24 Months2.23%2.25%$1,000Quarterly Post or Interest Checks**
CD & IRA - 25 Months***2.67%2.70%$1,000Quarterly Post or Interest Checks**
CD & IRA - 36 Months2.47%2.50%$1,000Quarterly Post or Interest Checks**
CD & IRA - 48 Months2.52%2.55%$1,000Quarterly Post or Interest Checks**
CD & IRA - 60 Months1.69%1.70%$1,000Quarterly Post or Interest Checks**
Free Checking0.00%0.00%$100No Fees
Interest Checking3.21%3.25%$100No Fees
High Interest Checking (Product No Longer Offered)3.21%3.25%$100No Fees
Minor Savings (Under 18)0.40%0.40%$0No Fees
Money Market Deposit1.34%1.35%$100$1,000 or $10 Fee*
Personal Statement Savings0.40%0.40%$100$100 or $3 Fee*
Small Business Checking0.00%0.00%$100No Fees

*Certain fees may apply if account balances are less than applicable minimums. Fees may reduce earnings.
**Interest checks will reduce Annual Percentage Yield (APY). Interest penalty for early withdrawal of Certificates of Deposit (CD).
Interest Rates and Annual Percentage Yields are current as of: May 30, 2024. Subject to change.

***Please visit our Hazelwood location to open these special accounts.

The Annual Percentage Yield (APY) and the Rate of the Interest Checking Account is 3.25% as of May 30, 2024 for accounts with balances up to $100,000.00, and accounts with balances over $100,000.00 will be paid 0.10% on the portion above $100,000.00. Rates are subject to change daily and fees may reduce earnings. $100 minimum initial deposit is required to open an account. The account must be funded within 30 days to remain open. APY may change at any time before or after account is opened. Call 314.731.0229 for the most up to date rates. Member FDIC.

Apply Today & Start Earning Money.

Must fund account within 30 days of opening.
Learn more about our Certificates of Deposit.

Visit Paramount Bank

Paramount Bank serves local bank customers in Hazelwood, Missouri. Apply for our services online, or meet our friendly bankers in person.



90 Village Square Shop Center,
Hazelwood, MO 63042

Our banking rates make your money go the extra mile.

Our personal banking accounts offer market leading rates in the St. Louis area. Why go anywhere else with your money?

Your choice of Paramount Bank products

Interest Checking | 12-60 Month CDs | IRAs | Money Market Deposit | Business Money Market

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Interest Checking
  • Mobile Banking App
  • 24/7 Access
  • Online Bill Pay
  • Paramount Bank Budgets®
  • Elite APY Bank Rates
Certificates of Deposit (CD)
  • Elite Rates
  • Choose Your Term
  • Lock Your Rate
  • Compound Interest
  • Build Wealth
Money Market Deposit
  • Competitive Rates
  • Product expertise
  • Money Market Benefits
  • Great Savings Alternative
  • Paramount Bank care
Business Money Market
  • Help Your Business
  • Grow Your Money
  • Industry-Leading Care
  • Tailored Service
  • Be Ready to Compete