Earn your bonus
Earn up to a $125* bonus with a high-yield savings account.
FDIC insured. No fees.
Helping support neighborhoods as a Community Development Financial Institution (CDFI) – building prosperity and providing opportunities in the communities that need them most.
Limited time signup bonus
We would like to offer you a bonus of up to $125 to help you save. Terms and conditions apply. Simply select the Central Bank of Kansas City’s High-yield Savings product and deposit a minimum of $5,000 to start earning a bonus. You will receive $25 on your first $5,000 deposit and an additional bonus of $5 for each subsequent $5,000 that you deposit up to $125*.
High-yield savings account, 6 times higher APY than the national average
Expedite your savings with APYs significantly higher than the national average. Receive a competitive rate with the ability to withdraw or add funds whenever you like. Flexibility to withdraw as much as you want, whenever you want; there are no restrictions.
About Central Bank of Kansas City
Central Bank has been recognized by the Community Development Financial Institutions Fund (CDFI) for the bank's investment in distressed communities and has been a certified CDFI since 1998.
Central Bank of Kansas City’s certification as a CDFI is a long-term commitment in building prosperity and providing opportunities in our local communities that need them most.
The Community Development Financial Institutions (CDFI) Fund is an initiative of the U.S. Treasury, which joins federal money with private sector capital to fund market-driven solutions to community-based issues. A CDFI works within its own local sector to help inject new sources of capital into areas and neighborhoods that normally would lack access to investment.
Central Bank of KC is an active participant in the federal New Market Tax Credit program - awarded by the CDFI Fund. The bank has allocated over $450 million in awards over the past 15 years to projects in severely distressed census tracts, including supporting projects totaling over $200 million in community facilities that provide services to the low-to-moderate income populations and over $200 million to manufacturing and industrial employers supporting the creation and retention of nearly 20,000 jobs in total.
For nearly 70 years, Central Bank has served the local community and helped build and support neighborhoods. From reading each week to 2nd graders at area schools, to talking to preschoolers about saving during Money Smart Month, to serving meals for the needy - Central Bank of Kansas City cares.
We at Central Bank of Kansas City are proud to be the only CDFI bank headquartered in Missouri, and one of the very few nationally. For us, it’s more than just giving back—it’s about believing in the opportunities.
A proud supporter of the community
Central Bank of Kansas City loves to be a part of a growing, vibrant city. Watch how we've partnered with some great organizations like Operation Breakthrough, DEED Foundation, Q39 and Linwood Area Ministry Place!
Central Bank of Kansas City is an FDIC insured financial institution
Federal Deposit Insurance Corporation
Central Bank of Kansas City is a member of the FDIC. Deposits in Central Bank of Kansas City are insured by the FDIC up to the limits of federal law. The standard insurance amount is $250,000 per depositor, per insured bank, for each deposit account ownership category.
Central Bank of Kansas City, powered by SaveBetter
Central Bank of Kansas City uses the secure SaveBetter platform to feature and manage specially selected savings products. Customers open accounts at SaveBetter.com and the platform manages all aspects of the products offered by Central Bank of Kansas City including operations, customer service and marketing. In simple terms, SaveBetter is a consumer facing digital storefront that provides access to Central Bank of Kansas City products. Best of all, SaveBetter is completely free!
Start saving in 3 simple steps:
- 1.Register for a SaveBetter account.
- 2.Fund and access your new savings product.
- 3.Manage your savings through your customized SaveBetter dashboard.
It’s that simple!
At SaveBetter, cybersecurity is a top priority and we implement a variety of technologies to protect our customer’s data, privacy and transactions.
Access: SaveBetter platform uses Multi-Factor authentication combined with leading authentication technology to protect our client identities.
Encryption: Your information is encrypted in-transit and at-rest using the latest cryptographic security algorithms.
Protection: Cloudflare advanced internet protection technologies are implemented to protect the SaveBetter site from malicious actors, botnets and denial of service attacks (DDOS).
Monitoring: The information security monitoring platform is in place to detect and alert on information security events.
Assessments: Our platform undergoes rigorous security assessments and testing from architecture planning to production phases.
Cloudflare is a registered trademark of Cloudflare, Inc.
In return for helping them connect with savers across the United States, we are paid fees by our product partner banks that offer savings products. This allows us to provide these services free of any charge from SaveBetter to our valued customers!
You are signing up for a Central Bank of Kansas City savings product through the SaveBetter platform. Customers sign up with a SaveBetter account to access featured Central Bank of Kansas City products. At all times, you remain a SaveBetter customer.
* Bonus offer Terms and Conditions:
New customers are eligible to receive a discretionary $25USD bonus cash for the first $5000.00USD deposited in a Central Bank of Kansas City high-yield savings account (excludes CD products) through SaveBetter.com, and $5USD for each additional $5000.00USD deposited in the same product. Each customer is eligible to receive a maximum of $125USD of bonus cash. Customer must maintain the minimum daily deposit amount for each level of bonus for a period of at least 30 days (e.g., a minimum balance of $5000USD daily to be eligible for a $25USD bonus cash; or a minimum deposit of $10,000USD daily to be eligible for a $30USD bonus). Bonus cash to be deposited by Deposit Solutions, LLC into Customer’s Customer Account within 30 days after Customer qualifies for the offer. Offer valid from 12/18/20 to 01/31/21. US customers only. Not open to SaveBetter or Deposit Solutions employees. SaveBetter reserves the right to terminate this offer at any time and to deny Customer bonus cash for any reason.
The SaveBetter name and logo are trademarks of SaveBetter LLC. The Deposit Solutions name and logo are trademarks of Deposit Solutions GmbH, used with permission. The Central Bank of Kansas City name and logo are trademarks of Central Bank of Kansas City, used with permission.
© 2021 SaveBetter LLC. All rights reserved.
APY means Annual Percentage Yield. APY is accurate as of February 9, 2021. Interest rate may change after initial deposit. Minimum opening deposit is $1.00.
Banking services provided by Central Bank of Kansas City. Each customer authorizes the Service Bank to hold the customer’s funds in a custodial capacity in order to facilitate the customer’s deposits to and withdrawals from any product at Central Bank of Kansas City that the customer requests through SaveBetter.com. The Service Bank provides no advice to customers about deposit products at Central Bank of Kansas City. Central Bank of Kansas City, Member FDIC, d.b.a. Central Payments is the Service Bank.