It’s never too soon to start saving. Savings accounts earn interest to provide long-term rewards while still providing access to your funds. As with checking accounts, funds are insured by the FDIC.
Why deposit your money with us? Our values are centered on our customers and the community. And what’s more, your money stays local—when you deposit with us, a large portion of it goes back into the local community through loans.
At Mercer Savings Bank, we offer six types of savings accounts for all stages of life…from a simple interest-bearing account to Individual Retirement Accounts (IRAs).
A Statement Savings Account offers more flexibility with a full access to online banking, debit card, direct deposit and automated payment options.
The MMDA is ideal for customers who want higher interest rates with the flexibility of a checking account. An MMDA has full access with online banking, debit card access, direct deposit and automated payment options.
Individual Retirement Accounts (IRAs) provide financial security and offer tax-deferred, higher-yield savings for retirement or higher education.
Certificates of Deposit (CDs) are low-risk investments with higher yielding interest rates which allow you to determine the length of the CD and match returns with future fund requirements. We offer many different terms and competitive interest rates on our CDs from seven days to five years.
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