APY=Annual Percentage Yield. APYs accurate as of November 15th, 2019.
MoneyMaking Checking Learn More
| Balance | Minimum Opening Deposit | Interest Rate | APY |
|---|---|---|---|
| On balance from $0.01 - $25,000 if qualifications* are met |
$10 | 1.99% | 2.01% |
| On amount of balance over $25,000 if qualifications* are met |
$10 | 0.25% | 2.01% to 0.60% |
| All balances if qualifications not met | $10 | 0.05% | 0.05% |
Qualifications
To qualify each qualification period, you must:
- Have at least 12 Monson Savings Bank debit card purchases post and settle.
- Have at least 1 direct deposit or ACH automatic payment post and settle.
- Be enrolled in and agree to receive eStatements.
MoneyMaking Savings Learn More
| Balance | Minimum Opening Deposit | Interest Rate | APY |
|---|---|---|---|
| On balance from $0.01 - $100,000 if qualifications* are met |
$10 | 0.75% | 0.75% |
| On amount of balance over $100,000 if qualifications* are met |
$10 | 0.25% | 0.75 to 0.50% |
| All balances if qualifications not met | $10 | 0.05% | 0.05% |
Qualifications
Qualify for Money Making Checking and you also qualify for Money Making Savings.
CashBack Checking Learn More
| Checking |
|---|
| Free checking that earns up to $240 cash back a year. |
Free Checking Learn More
| Minimum Balance to Obtain APY | Minimum Opening Deposit | Interest Rate | APY |
|---|---|---|---|
| All balances | $0.00 | 0.00% | 0.00% |
Statement Savings Learn More
| Minimum Balance to Obtain APY | Minimum Opening Deposit | Interest Rate | APY |
|---|---|---|---|
| $0.01 - $2,500.00 | $10 | 0.10% | 0.10% |
| $2,500.00 - $9,999.99 | $10 | 0.20% | 0.20% |
| $10,000.00 - $24,999.99 | $10 | 0.25% | 0.25% |
| $25,000.00 - $49,999.99 | $10 | 0.25% | 0.25% |
| $50,000.00 - $99,999.99 | $10 | 0.30% | 0.30% |
| $100,000.00 plus | $10 | 0.35% | 0.35% |
Business Checking Accounts Learn More
| Account | Minimum Opening Deposit | Interest Rate | APY |
|---|---|---|---|
| Business Checking | $0.00 | 0.00% | 0.00% |
| Small Business Checking | $50.00 | 0.00% | 0.00% |
Business Savings Accounts Learn More
| Minimum Balance to Obtain APY | Interest Rate | APY |
|---|---|---|
| $0.01 - $2,500.00 | 0.10% | 0.10% |
| $2,500.00 - $9,999.99 | 0.20% | 0.20% |
| $10,000.00 - $24,999.99 | 0.25% | 0.25% |
| $25,000.00 - $49,999.99 | 0.25% | 0.25% |
| $50,000.00 - $99,999.99 | 0.30% | 0.30% |
| $100,000.00 plus | 0.35% | 0.35% |
Fees could reduce earnings
Minimum deposit to open account is $50.00
Certificates of Deposit (CDs) Learn More
| Term | Minimum Balance to Obtain APY | Interest Rate | APY |
|---|---|---|---|
| 3 month | $1000.00 | 0.20% | 0.20% |
| 6 month | $1000.00 | 0.30% | 0.30% |
| 9 month | $1000.00 | 0.34% | 0.35% |
| 12 month | $1000.00 | 0.44% | 0.45% |
| 18 month | $1000.00 | 0.54% | 0.55% |
| 24 month | $1000.00 | 0.74% | 0.75% |
| 30 month | $1000.00 | 0.79% | 0.80% |
| 36 month | $1000.00 | 0.98% | 1.00% |
| 42 month | $1000.00 | 1.08% | 1.10% |
Fees could reduce earnings
Minimum of $1,000 is required to open account
Early withdrawal penalty imposed
IRA Certificates Learn More
| Term | Minimum Balance to Obtain APY | Interest Rate | APY |
|---|---|---|---|
| 6 month | $1000.00 | 0.30% | 0.30% |
| 9 month | $1000.00 | 0.34% | 0.35% |
| 12 month | $1000.00 | 0.44% | 0.45% |
| 18 month | $1000.00 | 0.54% | 0.55% |
| 24 month | $1000.00 | 0.74% | 0.75% |
| 30 month | $1000.00 | 0.79% | 0.80% |
| 36 month | $1000.00 | 0.98% | 1.00% |
| 60 month Variable** | $1000.00 | 1.18% | 1.20% |
| 6 month Roth | $1000.00 | 0.30% | 0.30% |
| 12 month Roth | $1000.00 | 0.44% | 0.45% |
| 18 month Roth | $1000.00 | 0.54% | 0.55% |
| 24 month Roth | $1000.00 | 0.74% | 0.75% |
| 30 month Roth | $1000.00 | 0.79% | 0.80% |
| 36 month Roth | $1000.00 | 0.98% | 1.00% |
| 12 month Educational | $1000.00 | 0.44% | 0.45% |
| 24 month Educational | $1000.00 | 0.74% | 0.75% |
| 36 month Educational | $1000.00 | 0.98% | 1.00% |
** Variable rate product, interest rate and APY are based on money market rates and may change after the account is opened
Fees could reduce earnings
Minimum of $1,000 is required to open account
Early withdrawal penalty imposed