mBank

Checking and Savings Rates  

 

Premium Money Market Personal

Int.Tiers    Rate*   APY**
$0-5,000  0.05% 0.05%
$5,001-25,000  0.10% 0.10%
$25,001-50,000  0.15% 0.15%
$50,001 - 99,999  0.20% 0.20%
$100,000 >  0.25% 0.25%

Relationship Plus(Personal-Now)Checking

Int.Tiers    Rate*   APY**
$0-5,000  0.00% 0.00%
$5,001-25,000  0.05% 0.05%
$25,001-50,000  0.10% 0.10%
$50,001 >  0.15% 0.15%

Savings Rates

Title    Rate*   APY**
Statement Savings  0.10% 0.10%
MinorStatement Savings  0.10% 0.10%
Christmas Club  0.10% 0.10%

Canadian Savings

Int.Tiers    Rate*   APY**
All Balances  0.10% 0.10%

Green Checking

Term    Rate*   APY**
All Balances  0.60% 0.60%

High Yield Checking

Term    Rate*   APY**
All Balances  0.55% 0.55%

 

*Interest Rate is noted as Rate. ** The Annual Percentage Yields (APY) are effective as of November 2, 2011 and are subject to change at any time without prior notice. APYs shown apply to only individual and joint consumer accounts. We may require 7 days written notice prior to withdrawals from an interest bearing checking account. It is the reader's responsibility to confirm or verify any rates with the Bank by contacting the Customer Service Center at 888-343-8147 or online at http://www.bankmbank.com by completing and submitting the Contact Us form which may be accessed from any website page.

The minimum to open a Green Checking is $100. $ .01 minimum balance to earn APY, rates subject to change at any time. Fees could reduce earnings if 5 check minimum is exceeded.

The minimum to open a High Yield Checking is $1,000. $ .01 minimum balance to earn APY, rates subject to change at any time. Maintain minimum balance of $1,000 to avoid maintenance fee. Fees could reduce earnings. Rates subject to change at any time.

The minimum balance to open a Premium Money Market is $250.00. Maintain $250.00 to avoid fees. The account is limited to 6 withdrawals per month. Fees may reduce earnings. Other account benefits, terms and conditions may apply.

The minimum balance to open a Relationship Plus Checking is $500.00 Maintain a minimum balance of $500.00 to avoid fees. (no minimum or fees for Seniors) Fees may reduce earnings.

The minimum to open a Statement Savings or Minor Savings is $1.00. Transactions limited to 6 withdrawals per calendar month or statement cycle of at least four weeks by means of pre-authorized transfer, automatic transfer, internet banking transfer or telephone order or instruction.

The minimum to open a Christmas Club is $5.00. A penalty of accrued interest may apply for any withdrawals or closing the account prior to maturity.

Minimum to open a Canadian Savings is $1,500.00. Maintain a $1,500.00 balance to avoid fees. Transactions limited to 6 withdrawals per calendar month or statement cycle of at least four weeks by means of pre-authorized transfer, automatic transfer, internet banking transfer or telephone order or instruction.