mBank

mBank Main

Business Products Rates 

Business Now Checking

Term     Rate*   APY**
$1-10,000 0.40%   0.40%
$10,001-50,000 0.75%   0.75%
$50,001 > 0.85%   0.85%

Premium Money Market Business

Term     Rate*   APY**
$0-5,000 0.25%   0.25%
$5,001-25,000 0.50%   0.50%
$25,001-50,000 1.00%   1.00%
$50,001 - 99,999 1.05%   1.05%
$100,000 > 1.25% 1.25%

*Interest Rate is noted as Rate. 
**The Annual Percentage Yields (APY) are effective as of October 30, 2008 at 9:00 AM EST and are subject to change at any time and without prior notice. We may require 7 days written notice before withdrawals from an interest bearing account. 
The minimum balance to open a Business NOW account is $1,500.00. $1.00 minimum balance needed to obtain the stated APY. Fees could reduce earnings.
The minimum balance to open a Premium Money Market Business is $1,000.00. The account is limited to 6 withdrawals per statement cycle, 3 of which can be by check to third parties. Fees may reduce earnings. Rates may change after the account is opened.

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.

 

T-Bill Checking Rates

Muninipalities   Rate* APY** Index
Municipal Checking/Corp.Cash     0.11% 0.11% 3mth T-Bill
Municipal Checking     0.79% 0.79% 6mth T-Bill

*Interest Rate noted as (Rate) **The Annual Percentage Yields (APY) are effective as of November 18, 2008 at 9:00 AM EST and are subject to change at any time and without prior notice until account opening. We may require 7 days written notice prior to withdrawal from an interest bearing account. Accrued daily, paid monthly. Other account benefits, terms and conditions apply.
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.

 

Green Checking

Term Rate* APY**
All balances 2.47% 2.50%

High Yield Checking

Term Rate* APY**
All balances 2.03% 2.05%