M&F Interest Rates


Non-negotiable Effective Date: As of March 16, 2017 until further notice. Fees may reduce earnings. Rates may change after opening on variable rate accounts.

Certificates of Deposit/Individual Retirement Account
NO BROKERED DEPOSITS ACCEPTED. SUBSTANTIAL PENALTY FOR EARLY WITHDRAWAL. For corporate, institutional, single maturity or jumbo CDs, please contact the branch nearest you.

 

Terms

$1,000 to
$9,999 Interest Rate

Annual Percentage Yield

$10,000 to $49,999 Interest Rate

Annual Percentage Yield

$50,000 to
$99,999 Interest Rate

Annual Percentage Yield

$100,000 and Above Interest Rate Annual Percentage Yield

7 – 31 Days

0.02%

0.02%

0.03%

0.03%

0.03%

0.03%

0.03%

0.03%

32-89 Days

0.02%

0.02%

0.03%

0.03%

0.03%

0.03%

0.03%

0.03%

90-179 Days

0.03%

0.03%

0.06%

0.06%

0.07%

0.07%

0.08%
0.08%

180-269 Days

0.05%

0.05%

0.10%

0.10%

0.11%

0.11%

0.12%
0.12%
270-364 Days

0.10%

0.10%

0.10%

0.10%

0.12%

0.12%

0.13%
0.13%

12 Months – 17 Months

0.10%

0.10%

0.15%

0.15%

0.15%

0.15%

0.15%
0.15%
18 Months – 23 Months

0.10%

0.10%

0.15%

0.15%

0.15%

0.15%

0.15%
0.15%
18 Month Variable IRA

0.25%

0.25%

0.25%

0.25%

0.25%

0.25%

0.25%
0.25%

24 Months – 35 Months

0.10%

0.10%

0.20%

0.20%

0.25%

0.25%

0.25%
0.25%

36 Months – 47 Months

0.30%

0.30%

0.40%

0.40%

0.40%

0.40%

0.40%
0.40%

48 Months – 59 Months

0.40%

0.40%

0.45%

0.45%

0.45%

0.45%

0.45%
0.45%

**60 Months Plus

0.50%

0.50%

0.50%

0.50%

0.50%

0.50%

0.50%
0.50%

 

Money Market Accounts

MONEY MARKET INVESTMENT

Interest Rate

Annual Percentage Yield

Minimum $2,500

0.04%

0.04%

Minimum $10,000

0.05%

0.05%

Minimum $25,000

0.09%

0.09%

Saving Account

Terms

Interest Rate

Annual Percentage Yield

$100 or more

0.02%

0.02%

Health Savings Account

Terms

Interest Rate

Annual Percentage Yield

Min $100 – $2,499

0.05%

0.05%

Min $2500 – $9,999

0.07%

0.07%

Min $10,000 and above

0.09%

0.09%

N.O.W. Account

Commercial N.O.W. Accounts

Interest Checking Accounts

Interest
Rate

Annual
Percentage
Yield

Interest
Rate

Annual
Percentage
Yield

Minimum $1,000

.10%

.10%

Minimum

$1,000

.01%

.01%

Public Funds;
minimum $1,000

.10%

.10%

Minimum

$2,500

.02%

.02%

Minimum

$10,000

.04%

.04%

Prestige Checking Accounts

Prestige Checking Account

Interest Rate

Annual Percentage Yield

Minimum

$1,000

0.05%

Copyright © 2015 - 2017 M&F Bank