Government & Non Profit Banking
If you want an attractive variable annual percentage yield and your funds readily available, a Statement Savings Account may be just what you require. Its flexibility and convenience make it the perfect account for meeting your business needs and goals.
With the Statement Savings Account interest is accrued daily and the interest you earn is automatically deposited directly to your account each quarter. You can receive a separate quarterly statement listing all your transactions or you can include your Statement Savings Account on your MCT related account combined monthly statement
All of the privileges of Statement Savings are available to you by simply paying a small monthly fee or avoid the monthly fee by maintaining the required minimum balance in your savings account and/or any combination of MCT accounts, including checking, money market or CD accounts.
Click here for Current Deposit Rates.
The Investor's Money Market Account is for the Sole Proprietor, Non-Profit Organization, and Municipality that is looking for a high-yield, short-term investment that earns FDIC-insured money market interest with complete liquidity. This account lets you lock in high earnings and enjoy easy access to your funds with NO penalties.
Every day, you earn the highest interest rate available based on the amount of your current balance – so the more you deposit, the more you’ll earn. And unlike CDs and other types of insured investments, you can make unlimited withdrawals by check or at teller windows with no early withdrawal penalties. All of the privileges of Investor’s Money Market are available to you by simply paying a small monthly fee or avoid the monthly fee by maintaining the required minimum balance in your account.
Investor’s Money Market Features and Benefits:
- FDIC insurance coverage.
- Write as many checks as you want per month ($500 minimum per check).
- Unlimited withdrawals at MCT teller windows.
- $5,000 minimum deposit to open account.
- Interest accrues daily and is credited monthly.
- NO yearly maintenance, management or commission fees.
- Four competitive interest-earning tiers based on the daily balance.
- Convenient monthly statement itemizes all transactions and interest earned.
Click here for Current Investor's Money Market Account Rates.