Effective:
|
|
Interest Rate |
Annual
Percentage Yield |
Consumer Interest Checking Minimum opening deposit $500.00 |
| Daily Balance up to $4,999.99
|
.25%
|
.25%
|
| Daily Balance $5,000 to $14,999.99
|
.25%
|
.25%
|
| Daily balance $15,000 and over
|
.25%
|
.25%
|
|
|
|
|
| |
Commercial Interest Checking* Minimum opening deposit $1,000.00 |
| Daily Balance up to $4,999.99
|
.25%
|
.25%
|
| Daily Balance $5,000 to $14,999.99
|
.25%
|
.25%
|
| Daily balance $15,000 and over
|
.25%
|
.25%
|
|
|
|
|
| * This account is available only to sole proprietorship and qualifying non-profit organizations. |
| |
Monumental Non-Profit Interest Checking* Minimum opening deposit $1,000 |
| |
1.24% |
1.25% |
| * This account is available only to sole proprietorship and qualifying non-profit organizations. |
| |
IOLTA Interest Checking* |
| |
.75% |
.75% |
| * This account is available only for Attorney's IOLTA Trust Account. |
| |
MAHT Interest Checking* |
| |
.75% |
.75% |
| * This account is available only for participants in Maryland Affordable Housing Trust Progam. Monument Bank is also authorized to offer this program for DE participants. |
| |
Money Market Account Minimum opening deposit $1,000.00 |
| Daily Balance up to $9,999.99
|
.25%
|
.25%
|
| Daily Balance $10,000 to $24,999.99
|
.50%
|
.50%
|
| Daily balance $25,000 to $74,999.99
|
.65%
|
.65%
|
| Daily Balance $75,000 and above
|
.75%
|
.75%
|
|
|
|
|
| |
Premier Money Market Account Minimum opening deposit $100,000.00 |
| Daily Balance up to 9,999.99 |
.25%
|
.25%
|
| Daily Balance $10,000 to $24,999.99 |
.50%
|
.50%
|
| Daily Balance $25,000 to $74,999.99 |
.65%
|
.65%
|
| Daily Balance $75,000 to $99,999.99 |
.75%
|
.75%
|
| Daily Balance $100,000 and above |
1.44%
|
1.45%
|
| |
|
|
Savings Account
Minimum opening deposit $250.00 |
.35%
|
.35%
|
| Minor Savings Account |
.35% |
.35% |
| |
Certificates of Deposit Minimum opening deposit $1,000.00 |
| 90 Days
|
.40%
|
.40%
|
| 6 Months
|
.50%
|
.50%
|
| 9 Months No Penalty*
|
.85%
|
.85%
|
| 12 Months
|
1.05%
|
1.05%
|
| 18 Months
|
1.19%
|
1.20%
|
| 24 Months
|
1.54%
|
1.55%
|
| 36 Months
|
1.69%
|
1.70%
|
| 48 Months
|
1.69%
|
1.70%
|
| 60 Months
|
1.69%
|
1.70%
|
|
|
|
|
| |
Individual Retirement Accounts Minimum opening deposit $1,000.00 |
| Savings IRA
|
.35%
|
.35%
|
| 12 Months
|
1.05%
|
1.05%
|
| 18 Months
|
1.19%
|
1.20%
|
| 24 Months
|
1.54%
|
1.55%
|
| 36 Months
|
1.69%
|
1.70%
|
| 48 Months
|
1.69%
|
1.70%
|
| 60 Months
|
1.69%
|
1.70%
|
|
|
|
|
| |
- Fees may reduce earnings.
- For Certificates of Deposit a penalty may be imposed for early withdrawal.
- These rates may change at any time without prior notice. Except for Certificates of Deposit, the interest rate and Annual Percentage Yield (APY) may change after the account is opened. After a Certificate of Deposit is opened, the interest rate is fixed for the term. A penalty may be imposed for early withdrawal.
- Fees could reduce earnings. Annual Percentage Yield (APY) assumes interest remains on deposit until maturity.
- *9 Month No Penalty Certificate is only available for new money deposits.
|
