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RATE INFORMATION

 

EFFECTIVE December 9, 2013
CHECKING/SAVINGS PRODUCTS APY*  INTEREST RATE OPENING MINIMUM BALANCE
NOW ACCOUNTS 0.05% 0.05% $1.200.00
PASSBOOK SAVINGS 0.10% 0.10% $10.00
CHRISTMAS CLUB ACCOUNTS 0.10% 0.10% $5.00
       
MONEY MARKET ACCOUNTS      
$0.00 ------- $24,999 0.08% 0.08% $1,200.00
$25,000 ------ $99,999 0.10% 0.10%
$100,000.00 AND OVER 0.15% 0.15%
       
CERTIFICATE OF DEPOSITS      
91 DAY 0.10% 0.10% $500.00
6 MONTH 0.15% 0.15% $500.00
12 MONTH 0.20% 0.20% $500.00
18 MONTH 0.25% 0.25% $500.00
24 MONTH 0.30% 0.30% $500.00
30 MONTH 0.35% 0.35% $500.00
36 MONTH 0.55% 0.55% $500.00
       
INDIVIDUAL RETIREMENT ACCOUNTS 0.35% 0.35% $100.00

* APY - Annual Percentage Yield
APY's are accurate as of December 9, 2013
APY Method Based on Monthly Compounding
Fees May Reduce Earnings

The Bank of Monroe provides these rates for informational purposes only. These rates are subject to change and should not be used for financial or future planning. For actual current rates please contact the local Branch Office.

 

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