MSB

^{Monroe Savings Bank, SLA}

Monroe Savings Bank offers many types of Certificates of Deposit with

various terms and deposit requirements.

Certificates of Deposit

The interest rate for your account will be paid until the maturity

day of your certificate.

This account will automatically renew at maturity.

You will have ten (10) calendar days from the maturity date to

withdraw your funds without being charged a penalty.

No additional deposits or withdrawals are allowed other than

earnings from this account until the maturity date.

If any of the deposit is withdrawn before the maturity date, a

penalty will be imposed which could result in partial loss of

principal.

Ø      MSB accepts out of state deposits for certificates of deposit based on liquidity needs. Please contact the main office at 856-629-6439, extension 18 or 22.

Ø      Applicants MUST supply Monroe Savings Bank,SLA with the following criteria:

v     A letter stating your request that includes your name, address, phone number (all names must be legal titles)

v     Supply a place of employment (name, address & phone number) for each applicant

v     Copy of valid Driver’s License for each applicant

v     Copy of Social Security Card for each applicant

v     Copy of Utility bill verifying your home address

v     Supply a signature guarantee from your existing bank for each applicant

v     All Certificates will not be forwarded until ALL information needed to open a Certificate is received.

Ø      The appropriate disclosures will be mailed to anyone interested in opening a certificate upon request.

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