Transaction Accounts and CD rates

Mercer Savings Bank offers the lowest fees and most competitive rates available. If you need help to determine which account is right for you, contact a banking officer today.

Account TypeAnnual
NOW Checking0.05%0.05%$400
Passbook or
Statement Savings
Money Market
Deposit Account
0.25%0.25%< $3,000
0.35%0.35%> $3,000
0.55%0.55%> $50,000
0.90%0.90%> $250,000
Christmas Club0.25%0.25%$5
7 Day Notice CD0.25%0.25%$2,500
91 Day CD0.25%0.25%$500
182 Day CD0.35%0.35%$500
1 Year CD0.55%0.55%$100
1 1/2 Year CD0.90%0.90%$100
2 Year CD0.90%0.90%$100
2 1/2 Year CD **1.21%1.20%$100
3 Year CD **1.21%1.20%$100
3 1/2 Year CD **1.21%1.20%$100
4 Year CD **1.26%1.25%$100
5 Year CD **1.91%1.90%$100
18 Month Variable IRA1.71%1.70%$100


*Minimum Balance required to open account.
**The Annual Percentage Yield (APY) assumes interest remains on deposit until maturity and that a withdrawal will reduce earnings.
***These certificates are available as a Variable Rate CD, with rates changing Jan.1, Apr 1, July 1 and Oct. 1.

Penalty for early withdrawal may apply.
Fees could reduce the earnings on an account.
Rates effective as of January 22, 2020