About Rising Bank
St. Louis-based Midwest BankCentre launched its online-only bank in February 2019 with the hopes of offering a new platform that meets the needs of today’s digital customers. The bank opened shop and began offering one of the highest 12-month CD yields available.
In addition to CDs, Rising Bank offers a high-yield savings account and a number of financial calculators designed to help customers make sound financial choices whether, they’re in the market for a mortgage or planning for retirement. The website is easy to navigate, and according to the bank, accounts take less than five minutes to open.
Rising Bank is ideal for savers interested in earning some of the highest rates tied to deposit products. But you may be better off shopping around if you want your checking and savings accounts under one roof or you’re looking for a bank with more product offerings and tools.