Current Rates


Savings Account**

  • $10.00 minimum deposit to open
  • $50.00 minimum daily balance to earn annual percentage yield
  • Interest compounded monthly
  • No monthly service charge
  • Quarterly statements


 Money Market Deposit Account (MMDA)**

  • $2,500.00 minimum deposit to open
  • Tiered interest rate, based on minimum average daily balance
  • Interest compounded monthly
  • $5.00 service charge if balance drops below $250.00 any one time during the monthly statement cycle
  • Monthly statements


Health Savings Account (HSA) Program**

As a business, if you are offering your employees a qualified high deductible insurance plan, Pine Island Bank can set up an individual Health Savings Account for your employees. We can automate your employee contributions and/or employer contributions, if applicable. We can also come to your place of business and present Health Savings Accounts to your employees. Please contact a Personal Banker at 507-356-6669 for more information. 


Additional Services offered:

  • Online Banking 
  • E-statements
  • Automatic transfers
  • e-Alerts*
  • Mobile Banking*
  • Mobile deposit*
  • Wire transfers
  • Cash card available
  • Credit cards
  • Notary Public
  • Gift cards
  • Identity Theft Protection program
*Message and data rates apply

**Fees may reduce earnings

Mobile Banking *

Bank here, there and everywhere!
*Message and data rates apply

Enrolling is Easy >>

Business Checking Accounts

Options to fit every business.

Learn More >>