Savings Account
Silver Savings
The Silver Savings Account is an account that compounds interest daily.
Interest compounded daily on the average daily balance and credited to the account every
quarter. Any accrued interest will be paid if the account is closed prior to the statement
date.
- A savings for financial security.
- Automatic transfer of funds from/to savings and/or checking accounts.
- May be insured by FDIC for up to $100,000.00.
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REQUIREMENTS:
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Minimum deposit of $100.00 to open this account.
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SERVICE
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Three (3) Withdrawals
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CHARGES:
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Per Month
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No Charge
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After Third Withdrawal
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$1.00 each
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Balance Falls Below $100.00
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$1.00 per month
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Savings Account
Kidz Club
The Kidz Club Savings Account is designed for children up through twelve (12) years of
age.
Interest compounded daily on the average daily balance and credited to the account every
quarter. Any accrued interest will be paid if the account is closed prior to the statement
date.
- A savings for financial security.
- Automatic transfer of funds from/to savings and/or checking accounts.
- May be insured by FDIC for up to $100,000.00.
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REQUIREMENTS:
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Minimum deposit of $100.00 to open this account.
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SERVICE
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One (1) Withdrawal
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CHARGES:
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Per Quarter
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No Charge
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After First Withdrawal
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$1.00 each
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Savings Account
Christmas Club Account
This savings account is available with a direct deposit from a M&M checking account or
other M&M savings account.
- Interest will be credited to the account at maturity.
- Accrued interest will not be paid if the account is closed early.
- May be insured by FDIC for up to $100,000.00.
- Allows customers to have extra cash for Christmas.
- Automatic transfer of funds from a M&M checking or savings account.
- Matures during the month of October.
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REQUIREMENTS:
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Minimum to open this account is $2.00.
No separate deposits are accepted.
Automatic renewal unless the bank is notified
by the first day of October.
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SERVICE
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Monthly Service Charge
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None
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CHARGES:
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Withdrawal made before
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maturity
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$3.00
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