About Capitol federal savings bank
Capitol Federal Savings Bank: A Trusted Local Bank with Over a Century of Experience
Capitol Federal Savings Bank, also known as CapFed, is a trusted local bank that has been serving the Kansas and Missouri communities for over 125 years. The bank offers a wide range of financial services including checking accounts, savings accounts, CDs (Certificates of Deposit), mortgage loans, and other banking products.
At Capitol Federal Savings Bank, customers can expect personalized service from knowledgeable bankers who are committed to helping them achieve their financial goals. The bank's mission is to provide its customers with the best possible banking experience by offering competitive rates and fees while maintaining the highest level of customer service.
Checking Accounts
Capitol Federal Savings Bank offers several types of checking accounts to meet the needs of its customers. The Free Checking account has no monthly maintenance fee or minimum balance requirement. It also comes with free online banking and bill pay services.
The High Yield Checking account pays interest on balances over $1,000 and comes with free checks and online banking services. The Senior Checking account is designed for customers aged 50 or older and comes with additional benefits such as free checks and no monthly maintenance fee.
Savings Accounts
Capitol Federal Savings Bank offers several types of savings accounts including Statement Savings, Kids Club Savings, Money Market Accounts (MMAs), Health Savings Accounts (HSAs), IRA CDs (Individual Retirement Account Certificates of Deposit) among others.
Statement savings account requires an opening deposit amounting to $100 but there are no monthly maintenance fees if you maintain an average daily balance above $300 or have at least one electronic deposit per statement cycle. Kids Club savings account is designed for children under age 18 which encourages saving habits at an early age through fun activities like coloring contests etc., while earning interest on their deposits.
CDs
Capitol Federal's CD options include traditional CDs ranging from three months to five years in length as well as bump-up CDs that allow you to increase your rate once during the term if rates go up after you open your CD but before it matures. There are also IRA CDs available which offer tax advantages when saving for retirement.
Mortgage Loans
Whether you're buying your first home or refinancing your current mortgage loan Capitol federal provides various options such as fixed-rate mortgages ranging from 10-30 years in length; adjustable-rate mortgages where rates may change periodically based on market conditions; FHA loans which require lower down payments than conventional loans; VA loans available exclusively for veterans & active-duty military personnel among others.
Other Financial Services
In addition to traditional banking products like checking/savings/mortgage/CDs etc., Capitol federal provides other financial services such as:
- Online Banking: Customers can access their accounts anytime anywhere via computer/mobile devices.
- Bill Pay: Pay bills electronically without writing checks.
- Mobile Banking App: Manage finances on-the-go using mobile devices.
- Debit Cards: Use debit cards instead of cash/checks at millions worldwide locations.
- Credit Cards: Choose from various credit card options depending upon individual needs & preferences.
Why Choose Capitol Federal?
There are many reasons why people choose Capitol federal over other banks:
1) Longevity - With more than a century-long history serving Kansas/Missouri communities CapFed has earned trust & loyalty among its customers due to consistent performance throughout economic cycles;
2) Customer Service - CapFed prides itself on providing exceptional customer service by hiring knowledgeable bankers who take time understanding each customer's unique needs;
3) Competitive Rates/Fees - CapFed strives hard in offering competitive rates/fees across all product lines so that its customers get maximum value out of their money;
4) Community Involvement - As a local bank CapFed believes in giving back to society by supporting various community initiatives through donations/volunteer work etc.
Conclusion
In conclusion,Capital federal savings bank is one-stop-shop solution provider catering all kinds' financial requirements under one roof.Their commitment towards providing excellent customer service coupled with competitive pricing makes them stand out amongst competitors.Capital federal has been around since more than century now making it trustworthy brand within community.If you're looking for reliable partner who understands your unique needs then look no further than Capital federal!