Mercer Savings Bank

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Mercer Savings Bank

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Need help or have a question? Call 877-672-4543

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
Percentage
Yield**
Interest
Rate
Minimum
Balance*
NOW Checking0.03%0.03%$400
Passbook or
Statement Savings
0.05%0.05%$100
Money Market
Deposit Account
0.05%0.05%< $3,000
0.07%0.07%> $3,000
0.15%0.15%> $50,000
0.20%0.20%> $250,000
High-Yield
Money Market
Deposit Account
0.00%0.00%< $25,000
0.50%0.50%> $25,000
0.70%0.70%> $100,000
0.80%0.80%> $250,000
Christmas Club0.05%0.05%$5
7 Day Notice CD0.05%0.05%$2,500
91 Day CD0.05%0.05%$500
182 Day CD0.07%0.07%$500
1 Year CD0.15%0.15%$100
1 1/2 Year CD0.15%0.15%$100
2 Year CD0.20%0.20%$100
2 1/2 Year CD ***0.30%0.30%$100
3 Year CD ***0.30%0.30%$100
3 1/2 Year CD ***0.30%0.30%$100
4 Year CD ***0.45%0.45%$100
5 Year CD ***0.55%0.55%$100
18 Month Variable IRA0.80%0.80%$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 July 9, 2024

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