FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Save Your Way

Savings, Certificates & Individual Retirement Accounts

Saving is the first step of financial success.  Whether it's for "a rainy day," a much-needed vacation, or retirement - start today!  You'll thank yourself tomorrow.

Savings Options

Statement Savings

  • $100 to open account
  • $100 minimum balance required to earn interest and avoid monthly service fee
  • Interest paid and compounded quarterly
  • Quarterly statement (combined statement available)
  • FREE iBank and Telebanc transfers
  • FREE ATM withdrawals

Club Savings

Christmas Club
  • $5, $10, $20 weekly payment options
  • Bank pays last weekly payment after customer makes 49 weekly payments
  • Begins November 1, pays by following November 1
  • Automatic withdrawal and payout options
Vacation Club
  • $10, $20 weekly payment options
  • Bank pays last weekly payment after customer makes 49 weekly payments
  • Begins June 1, pays by following June 1
  • Automatic withdrawal and payout options

Certificates

Certificate of Deposit

  • $1,000 to open account
  • Various terms available
  • Interest can be compounded, paid by check, or transferred to another account
  • Automatic renewal option available (some restrictions may apply)
  • Early withdrawal penalties apply
  • Insure more than $250,000 with IntraFi® Network Deposits

IntraFi® Network Deposits

Promotional Certificate

  • Special certificate options offered
  • Check with your local MCNB location for current promotions

Individual Retirement Accounts

IRA Certificate - Traditional

  • Contributions can be made by anyone under the age of 70½ who has earned income
  • Interest accumulates tax-deferred
  • Distributions can be taken any time after age 59½ without IRS penalty
  • See IRS guidelines for annual contribution limits
  • FREE transfer and rollover assistance provided
  • No annual administration fee

IRA Certificate - Roth

  • Contributions can be made by anyone, without age restriction, who has earned income
  • Interest accumulates tax-free if a Roth IRA is maintained at least 5 years
  • Distributions can be taken any time after age 59½ without IRS penalty or tax
  • See IRS guidelines for annual contribution limits
  • FREE transfer and rollover assistance provided
  • No annual administration fee