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Consumer Rates and Fee Schedule

Checking and Savings Rates

Interest rates and annual percentage yields are current as of July 11, 2017 and subject to change at any time. Fees could reduce earings.

Fee Schedule

 

Premium Money Market Personal (1)

Minimum Balance To Obtain APY     Rate   APY
$ .01-$5,000.99     0.05%   0.05%
$5,001-$25,000.99     0.05%   0.05%
$25,001-$50,000.99     0.10%   0.10%
$50,001-$100,000.99     0.15%   0.15%
$100,001 >     0.20%   0.20%

 

 

Savings Rates

Title – Minimum Balance to Obtain APY All Balances     Rate   APY
Statement Savings (2)     0.05%   0.05%
Minor Statement Savings (2)     0.05%   0.05%
Christmas Club (3)     0.05%   0.05%

 

 

Canadian Savings (4)

Minimun Balance To Obtain APY     Rate   APY
All Balances     0.05%   0.05%

 

 

Green Checking (5)

Minimum Balance To Obtain APY     Rate   APY
All Balances     0.20%   0.20%

 

 

High Yield Checking (6)

Minimum Balance To Obtain APY     Rate   APY
$ .01-$25,000.99     0.10%   0.10%
$25,001-$100,000.99     0.10%   0.10%
$100,001 >     0.15%   0.15%

 

 

Rewards 55 (7)

Minimum Balance To Obtain APY     Rate   APY
All Balances     0.15%   0.15%

 

 

mBank may require 7 days written notice prior to withdrawals from an interest bearing checking account. It is the reader's responsibility to confirm or verify any rates with the Bank by contacting the Customer Service Center at 888-343-8147, checking the Rates pages online or contacting an mBank representative through a local branch office or our Contact Us page.  
 
  1. The minimum balance to open a Premium Money Market account is $250.00. Maintain $250.00 to avoid fees. The account is limited to 6 withdrawals per month. Other account benefits, terms and conditions may apply.
  2. The minimum to open a Statement Savings or Minor Savings account is $1.00. Transactions limited to 6 withdrawals per calendar month or statement cycle of at least four weeks by means of pre-authorized transfer, automatic transfer, internet banking transfer or telephone order or instruction.
  3. The minimum to open a Christmas Club Savings account is $5.00. Christmas Club funds are available for withdrawal on November 1st of each year.  If withdrawals are made prior to November 1st, a penalty of the accrued interest may be imposed.
  4. Minimum to open a Canadian Savings account is $1,500.00. Maintain a $1,500.00 balance to avoid fees. Transactions limited to 6 withdrawals per calendar month or statement cycle of at least four weeks by means of pre-authorized transfer, automatic transfer, internet banking transfer or telephone order or instruction.
  5. The minimum to open a Green Checking account is $100. $ .01 minimum balance to earn APY, $3.00 per item maintenance fee if 5 check maximum exceeded. Maintain average monthly minimum balance of $2,000.00 to avoid service fee.
  6. The minimum to open a High Yield Checking account is $100.00. $ .01 minimum balance to earn APY. Maintain average monthly minimum balance of $1,000 to avoid maintenance fee.
  7. Minimum to open a Rewards 55 account is $5,000.00. Maintain $5,000.00 average monthly minimum balance to avoid fees.