Reward yourself for building your savings

Link your Rewards Star or Rewards Cash Back checking and give your balance goals a boost.

Benefits You'll Love

  • Free checking that helps build savings
  • No monthly maintenance fees
  • No minimum balance to earn rewards
  • Automatic transfers from Rewards Star and Rewards Cash Back checking

Rewards Savings with Rewards Star:

A $25 minimum deposit is required to open the account. Limit 1 account per social security number. A Rewards Star or Cash Back account is required to have a Rewards Savings account. A linked Rewards Savings account is required for automatic savings. There are no recurring monthly maintenance charges or fees to open or close this account.  Receipt of electronic statement is a feature of the account; however, the customer may opt to receive a paper statement for a monthly fee of $3.00.  Contact one of our bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. 

*Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards:  ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank.  Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. “Monthly Qualification Cycle” means a period beginning the first day of the current statement cycle through the close of the current statement cycle. The statement cycle ends the 2nd Tuesday of each month.

Reward Information: When your Rewards Star account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your linked Rewards Savings account on the last day of the current statement cycle: ATM fee reimbursements, daily balances up to $25,000 receive an annual percentage yield (APY) of 1.00%; and daily balances over $25,000 earn 0.50% interest rate on the portion of balance over $25,000, resulting in a range from 1.00% to 0.62% APY depending on the account’s balance. Rewards Star: Daily balances up to $10,000 receive a non-compounding APY* of 5.00%; and daily balances over $10,000 earn 0.50% interest rate on the portion of balance over $10,000, resulting in a non-compounding range from 5.00% to 0.91% APY* depending on the account’s balance. When Rewards Star qualifications are not met, Rewards Savings: All balances earn 0.01% APY. Rewards Star: All balances earn a non-compounding APY* of 0.01%. *When linked to the Rewards Savings account, the interest earned within the Rewards Star account does not compound since it is automatically transferred to the Rewards Savings account within one day. This automatic transfer may cause an overdraft to your Rewards Star account if the account’s balance is less than the transferred amount when transfer occurs. APY = Annual Percentage Yield.  APYs accurate as of 07/27/2023. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. 

Member FDIC.

Rewards Savings with Rewards Star Cash Back:

A $25 minimum deposit is required to open the account. Limit 1 account per social security number. A Rewards Star or Cash Back account is required to have a Rewards Savings account. A linked Rewards Savings account is required for automatic savings. There are no recurring monthly maintenance charges or fees to open or close this account.  Receipt of electronic statement is a feature of the account; however, the customer may opt to receive a paper statement for a monthly fee of $3.00.  Contact one of our bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions.

*Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards:  ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank.  Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. “Monthly Qualification Cycle” means a period beginning the first day of the current statement cycle through the close of the current statement cycle. The statement cycle ends the 2nd Tuesday of each month.

Reward Information: When your Rewards Star Cash Back account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your linked Rewards Savings account on the last day of the current statement cycle: ATM fee reimbursements, daily balances up to $25,000 receive APY of 1.00%; and balances over $25,000 earn 0.50% interest rate on the portion of daily balances over $25,000, resulting in a range from 1.00% to 0.62% APY depending on the account’s balance. Rewards Star Cash Back: qualified transactions, totaling no more than $250.00, will earn 3.00% cash back.   A maximum of $7.50 cash back may be earned per Monthly Qualification Cycle. When Rewards Star Cash Back qualifications are not met, Rewards Savings: All balances earn 0.01% APY. Rewards Star Cash Back: No cash back payments are made. APY = Annual Percentage Yield. APYs accurate as of 07/27/2023. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.

Cycle Date Information:

The following dates apply to our Rewards account(s). Through January 2024, Monthly Qualification Cycle dates are not the same as our Statement Cycle dates.  Effective February 2024, Monthly Qualification Cycle dates will be the same as our Statement Cycle dates. Please refer to your account's Truth In Savings disclosure for your account's specific qualification requirements. To qualify for your account's rewards, all of your account's qualifying transactions must post and settle to your specific Rewards account within the Monthly Qualification Cycle dates stated below. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning your account's rewards. Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for your account's rewards.

    Monthly Qualification Cycle Statement Cycle

Month

Year

Begin

End

Begin

End

December

2023

11/14/23

12/11/23

11/15/23

12/12/23

 

January

2024

12/12/23

1/08/24

12/13/23

1/09/24

February

2024

1/10/24

2/13/24

1/10/24

2/13/24

March

2024

2/14/24

3/12/24

2/14/24

3/12/24

April

2024

3/13/24

4/09/24

3/13/24

4/09/24

May

2024

4/10/24

5/14/24

4/10/24

5/14/24

June

2024

5/15/24

6/11/24

5/15/24

6/11/24

July

2024

6/12/24

7/09/24

6/12/24

7/09/24

August

2024

7/10/24

8/13/24

7/10/24

8/13/24

September

2024

8/14/24

9/10/24

8/14/24

9/10/24

October

2024

9/11/24

10/08/24

9/11/24

10/08/24

November

2024

10/09/24

11/12/24

10/09/24

11/12/24

December

2024

11/13/24

12/10/24

11/13/24

12/10/24

Future Monthly Qualification Cycle and Statement Cycle dates for our Rewards Star accounts will be available to you via our website or through one of our Service Representatives within one of our branches.

Rewards Star Checking CalculatorDisclaimer

Use this calculator to determine your projected earnings from our Rewards Star Checking account. Move the sliders or type in the numbers to see your potential rewards.

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  • Estimated monthly interest earned* $0
  • Monthly ATM fees refunded**$0
Buy vs. Lease CalculatorDisclaimer

This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.

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2. Loan Details
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CD CalculatorDisclaimer

A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.

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  • Total interest earned $0
  • Annual Percentage Yield (APY)0.000%
Savings Goal CalculatorDisclaimer

Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.

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Simple Loan CalculatorDisclaimer

This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.

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  • Total paid $0
  • Total interest paid $0

Certificates of Deposit (CD)

Invest confidently knowing you'll receive a guaranteed rate of return with a Centennial Bank CD. We offer a wide range of CD products at competitive market rates. Whether you are looking to invest short-term or long-term, Centennial Bank has the right CD for you. Contact your local branch for current terms and rates.

Club Accounts

Account Balance Interest Rate APY
Christmas Club 0 - $5,000 1.25% 1.25%
Christmas Club $5,000+ 0.50% 0.50%
 
Vacation Club 0 - $5,000 1.25% 1.26%
Vacation Club $5,000+ 0.50% 0.50%

Subject to terms and conditions of the bank. There is a minimum $10 deposit to open a club account. Rates effective November 1, 2024

Gold Star Checking Account

Tier Interest Rate APY
$1,000.00 - $2,499.99 0.700% 0.700%
$2,500.00+ 0.800% 0.800%

Money Market Account

Tier Interest Rate APY
$2,500.00 - $9,999.99 0.850% 0.850%
$10,000.00 - $24,999.99 0.950% 0.950%
$25,000.00 - $49,999.99 1.090% 1.100%
$50,000.00 - $99,999.99 1.490% 1.500%
$100,000.00 - $249,999.99 3.450% 3.500%
$250,000+ 4.170% 4.250%

Rewards Savings*

Tier Interest Rate APY
0 - $25,000 0.9955% 1.00%
$25,000+ 0.5000% 0.50%
Qualifications not met 0.01% 0.01%

Qualifications

Qualifying for your Rewards Star or Rewards Star Cash Back rewards automatically qualifies you for the highest Rewards Savings rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Rewards Star or Rewards Star Cash Back account during each Monthly Qualification Cycle:

  • At least 1 ACH credit or ACH payment transaction
  • At least 12 debit card purchases

It's no problem if you miss a qualification cycle. Both accounts are still free and earn our base interest rate. And you can get back to earning rewards the very next month you qualify.

Rewards Star*

Tier Interest Rate APY
0 - $10,000 4.889% 5.00%
$10,000+ 0.50% 0.50%
Qualifications not met 0.01% 0.01%

Qualifications

Enrollments must be in place and all of the following transactions and activities must post and settle to your Rewards Star account during each Monthly Qualification Cycle:

  • At least 1 ACH credit or ACH payment transaction
  • At least 12 debit card purchases

If you don't meet the qualifications one month, don't worry. There is no penalty, and you still have a free checking account that earns our base interest rate. Plus, you can get back to earning really high interest and nationwide ATM fee refunds the very next month.

Savings Account

Minimum Balance to Open Interest Rate APY
$25.00 0.50% 0.50%