Rising Bank

Rising Bank is an online bank providing competitive banking products and services. The Bank's offerings include checking accounts, high-yield saving account with top tier savings rate, first time and forever mortgages, small business administration (SBA) loans as well as term CDs, Jumbo CDs, Rising CDs and no penalty CD. It also offers insurance products such as auto, property and life insurance and business and specialty insurance. Additionally, Rising customers have access to Zelle, an easy way to send and receive money in minutes. The Bank accounts are FDIC-insured up to $250K per individual account and up to $500K per joint account. The company was launched in 2018 and operates as a digital platform of Midwest BankCentre, a Missouri community banking leader. The Rising Bank mobile app is available on App Store and Google Play.

High Yield Savings Account
Minimum opening deposit: $1,000
Annual percentage yield (APY): 5.00%
Rate: 4.89%
Account Maximum: $500,000
FDIC Insured

Rising Checking Account
Minimum opening deposit: $1,000
Annual percentage yield: 0.30%
Minimum balance to earn APY: $1,000
Account Maximum: $500,000
No monthly maintenance fees
Free ATM usage across the U.S. with Money Pass ATMs
FDIC Insured

Annual percentage yield (APY) is accurate at April 2024.

Conventional loans, VA, FHA and USDA loans are available in the following states: Colorado, Idaho, Alabama, North Dakota, Utah, Arkansas, Nebraska, Tennessee, Illinois, Oklahoma, Indiana, Kansas, Florida, Louisiana, Michigan, Georgia, Minnesota, Wyoming, Mississippi, Kentucky, Missouri, Arizona, Montana, Wisconsin, Ohio, Iowa and Texas.

Mortgage Rates:
15-Year Fixed Conventional: 6.50
30-Year Fixed Conventional: 7.00

Head office address:
2191 Lemay Ferry Road
St. Louis, MO 63125
United States
Phone number: 1 888 222 9484
FDIC certificate: 1058
Website: www.risingbank.com