Mercbanx

    Fri, Jul 04, 07:13am

 

 

 

Deposit rates are effective as of 04/01/2008

Deposit Accounts

TERM

Minimum Balance to Open and Obtain APY

Interest Rate

Annual Percentage Yield (APY)

NOW

$1,000

    $1,000 - $24,999

...

0.15%

0.15%

    $25,000-$49,999

...

0.25%

0.25%

    $50,000-$99,999

...

0.50%

0.50%

    $100,000+

...

0.75%

0.75%

Statement Savings

$100

0.20%

0.20%

Money Market

$2,500

    $2,500-$24,999

...

0.50%

0.50%

    $25,000-$49,999

...

0.75%

0.75%

    $50,000-$499,999

...

1.00%

1.00%

 

Certificates of Deposit

TERM

Minimum Opening Deposit

Minimum Deposit To Obtain APY*

CD RATE

CD APY

7-31 Day CD

$1,000.00

$1,000.00

1.75%

1.77%

91 Day CD

$1,000.00

$1,000.00

2.00%

2.02%

182 Day CD

$1,000.00

$1,000.00

2.25%

2.26%

12 Month CD

$1,000.00

$1,000.00

2.50%

2.52%

18 Month CD

$1,000.00

$1,000.00

2.75%

2.77%

24 Month CD

$1,000.00

$1,000.00

3.00%

3.02%

30 Month CD

$1,000.00

$1,000.00

3.10%

3.13%

36 Month CD

$1,000.00

$1,000.00

3.15%

3.18%

48 Month CD

$1,000.00

$1,000.00

3.25%

3.28%

60 Month CD

$1,000.00

$1,000.00

3.25%

3.28%

IRA CD

$50.00

$50.00

3.15%

3.19%