Deposit Rates

Effective: MM/YY

Choose a Deposit Rate
Savings Accounts
AccountRate APY*Min. Balance Required**
Statement Savings   0.50%  0.50% $100 
Holiday Club Savings  0.60%   0.60%  
Vacation Club Savings   0.60%   0.60%  

*Annual Percentage Yield. Variable rate accounts. Fees may reduce earnings.
**Minimum balance required to obtain APY. Rates subject to change at any time.
Checking Accounts
AccountRate APY*Min. Balance Required**
 Interest Checking 0.10% 0.10%  $250 

*Annual Percentage Yield. Variable rate accounts. Fees may reduce earnings.
**Minimum balance required to obtain APY. Rates subject to change at any time.
Money Market Accounts
AccountRate APY*Min. Balance Required**
Tier 1 | $0 - $49,999   0.75% 0.75%  $500 
Tier 2 | $50,000 - 249,999  1.20%  1.20%  $50,000 
Tier 3 | $250,000 or more  1.50%  1.50% $250,000 

*Annual Percentage Yield. Variable rate accounts. Fees may reduce earnings.
**Minimum balance required to obtain APY. Rates subject to change at any time.
Individual Retirement Accounts (IRAs)
AccountRate APY*Min. Balance Required**Early Withdrawal Penalty
Regular/Roth - 12-Month Certificate 4.25%  4.25%  $250  3 Months Interest
Education - 12-Month Certificate 4.25%   4.25% $250  3 Months Interest

*Annual Percentage Yield. Variable rate accounts. Fees may reduce earnings.
**Minimum balance required to obtain APY. Rates subject to change at any time.
Certificates of Deposit (CDs)
TermRateAPY¹Min. Balance Required²Early Withdrawal Penalty

91-Day

0.50%

0.50%

$500

91 Days Interest

6-Month

0.75%

0.75%

$500

91 Days Interest

1-Year

4.50%³

4.50%³

$500

3 Months Interest

18-Month

1.50%

1.50%

$500

6 Months Interest

2-Year

1.75%

1.75%

$500

6 Months Interest

30-Month

2.00%

2.00%

$500

6 Months Interest

3-Year

2.15%

2.15%

$500

18 Months Interest

4-Year

2.25%

2.25%

$500

18 Months Interest

5-Year

2.50%

2.50%

$500

18 Months Interest

10-Year

2.50%

2.50%

$500

30 Months Interest

¹Annual Percentage Yield (APY). Variable rate accounts. Fees may reduce earnings.
²Minimum balance required to obtain APY. Rates subject to change at any time.

³When paired with a Monroe Savings Bank checking account, otherwise, the rate and APY will stand at 4.25%.