keep your savigs moving forward with 3.50% APY

Forward Savings by CNB St. Louis Bank

 A high-yield savings account built for saving, not spending.
 
Forward Savings delivers an APY that is over 8x higher than the national average2, along with the local, community bank support to ensure we are meeting you where you are - online, over the phone, or in-person at one of our six locations in the St. Louis and St. Charles areas.
 

High-Yield Savings Account Details

Our Forward Savings account features:
  • No minimum balance
  • No monthly maintenance fee
  • No promotional period or confusing account requirements
  • No minimum balance to earn the stated APY
  • Free online and mobile account access
  • Balances from $0.01 up to $1,000,000 earn 3.50% APY1
  • Any amount above $1,000,000 earns 0.25% APY1
  • $1,000 minimum deposit to open account
  • Interest accrues daily and is compounded quarterly

Benefits of CNB's High-Yield Savings Account

At CNB St. Louis Bank, our Forward Savings is a high-yield savings account designed by and for St. Louisans.  

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Built to keep your savings moving forward.

An APY that is over 8x over the national average*. Rates are reviewed periodically and may be adjusted based on market conditions.
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Honest and transparent.

No monthly maintenance fee, no minimum balance, no promotional period, and no confusing requirements or limitations. 
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Simplicity at its finest.

Opening a new account is a straightforward process, whether you choose to open your account online or in branch. That means less time handling paperwork and more time reaping the benefits of your new account. 
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Digital convenience + local support.

24/7 online savings account access means you get to manage your account when and where you need to. And when you need help? Call, message, chat, or visit one of our branches to get personalized answers.






























Digital Convenience

Our Forward Savings account comes with free online and mobile banking, featuring unlimited online access on your computer, laptop, tablet, or mobile device 24/7.
 
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Features include:

  • View account balances and transaction details
  • Schedule transfers between accounts
  • 24-hour account access
  • Search transaction history for withdrawals, deposits, direct deposits or direct debits
  • Free credit score with credit report, credit monitoring, and more!
  • View and download your eStatements
  • Make deposits with CNB Mobile Deposit (mobile only)
  • Questions about security? Learn more about our enhanced login security

Start Saving for Tomorrow, Today

High-yield savings accounts means making the most of the money you have now, so you can take steps towards tomorrow's financial goals. 
 
Apply for a High-Yield Savings Account at CNB St. Louis Bank! 
 

Meet CNB St. Louis Bank

Frequently Asked Questions

Forward Savings is available to consumer accounts only. Eligible ownership types include individual, joint, trust, and UTMA (Uniform Transfers to Minors Act) accounts. A UTMA account is a custodial account established for the benefit of a minor child and managed by an adult custodian until the child reaches the age specified by law.
 
Business accounts, including sole proprietorships operating under a DBA and accounts owned by corporations, LLCs, partnerships, or other business entities, are not eligible.
A “high-yield” savings account typically offers an interest rate that is significantly higher than the national average for savings accounts. These higher rates can help your balance grow faster over time compared to traditional savings options.
 
Forward Savings is one example, currently offering 3.50% APY1 on balances up to $1,000,000 - over 8 times higher than the national average savings rate2.
 
APY stands for Annual Percentage Yield and is a representation of how much interest you can earn over the course of a full year while including the effect of compounding, when your interest is credited to your account and begins to earn interest. 
 
Interest in the CNB St. Louis Bank Forward Savings account accrues interest daily and compounded quarterly. Use the calculator on this page to understand your interest earnings!
If your balance exceeds $1,000,000, your account will continue to earn interest using a tiered rate structure. This means different portions of your balance earn different rates.
For example:
  • Balances from $0.01 up to $1,000,000 earn one rate
  • Any amount above $1,000,000 earns a different rate
This approach allows your entire balance to earn interest, with each tier earning the rate that applies to that portion of your balance.
Yes! CNB St. Louis Bank is a member of the FDIC (Federal Deposit Insurance Corporation).  The amount of FDIC coverage you may be entitled to depends on the ownership category of your account.   
CNB St. Louis Bank's Forward Savings account does not have any monthly maintenance or account fees.
 
However, certain other fees may apply depending on how you use your account. Please refer to our Schedule of Fees for a complete list of fees. 
Correct, there is a minimum initial deposit of $1,000 to open the account, however there is no minimum balance to maintain the account or to avoid a maintenance fee.

Accounts with a $0 balance for 30 days will automatically close.
Each person may have one Forward Savings account as the primary owner (tax reporting owner). The primary owner is the individual whose Social Security number or Taxpayer Identification Number is used for tax reporting purposes.
 
For example:
 
  • You may open a Forward Savings account as the primary owner under your Social Security number.
  • You may also be a joint owner on your spouse's Forward Savings account if your spouse is the primary owner.
  • Your spouse may have their own Forward Savings account as the primary owner.
  • A child may have a Forward Savings account through a UTMA (Uniform Transfers to Minors Act) account, which is reported under the child's Social Security number and is separate from the parents' eligibility.
This means multiple Forward Savings accounts may exist within the same household, provided each account has a different primary owner.
It depends on what is most important to you! 
 
  • If you prefer easy access like an ATM card – Regular Savings may be a better fit
  • If you have less than $1,000 to start with – you can open a Regular Savings with as little as $100
  • If you value a higher interest rate over ATM access – a Forward Savings could be a good option
  • If you have over $1M to save – consider combining accounts (Forward Savings, Regular Savings, Money Market Accounts, and CDs) to maximize your overall return.
  Regular Savings High-Yield Savings
Minimum to Open: 
 $100 $1,000
Minimum Balance: $100
None
Monthly Maintenance Fee (if under min. balance):  $3 None
Debit/ATM Card: Yes
N/A
APY: .25% on all balances
3.50% on the first $1,000,000.00
 
0.25% on $1,000,000.01 and above
Available to:  Consumers Accts Only
Consumer Accts Only. Limited to one account per primary owner
Open Online:  Yes Yes
Talk to a CNB representative to explore your options and decide which type of account is best suited for your financial goals. 











 
1Annual Percentage Yield (APY) is 3.50%  for balances up to $1,000,000 and .25% for balances $1,000,000.01 and over. Effective as of July 1, 2026. The interest rate and APY are variable and may change after account opening.  Fees could reduce earnings on the account. See our fee schedule for a full list of service fees. Offer available to consumer accounts only; limit one account per primary owner. This account does not include debit  card or ATM access.
 
2Based on national average savings rate of 0.38% per FDIC National Rates and Rate Caps, Savings Deposit products, as of June 15, 2026.