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 Type Annual
Percentage
Yield
Interest
Rate
Minimum
Balance
NOW Checking 0.10% 0.10% $400
Passbook or
Statement Savings
0.25% 0.25% $100
Money Market
Deposit Account
0.25% 0.25% < $3,000
0.35% 0.35% > $3,000
0.55% 0.55% > $50,000
1.10% 1.10% > $250,000
Christmas Club 0.25% 0.25% $5
7 Day Notice CD 0.25% 0.25% $2,500
91 Day CD 0.25% 0.25% $500
182 Day CD 0.35% 0.35% $500
1 Year CD 0.55% 0.55% $100
1 1/2 Year CD 0.75% 0.75% $100
2 Year CD 1.10% 1.10% $100
2 1/2 Year CD ** 1.15% 1.15% $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 ** 2.02% 2.00% $100
18 Month Variable IRA 1.66% 1.65% $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 November 14, 2018

TOP

You are now leaving Mercer Savings Bank

The link you selected is located on another server. Please click the URL below to leave this website and proceed to the selected site. Mercer Savings does not endorse this website, its sponsors, or any of the policies, activities, products, or services offered on this site by any advertiser on the site.

You will be redirected to

Click the link above to continue or CANCEL