Personal Banking

Savings Accounts

Take Control of your Financial Future

It can be hard to consistently put aside money for savings. But MBT offers an easy way to do it without missing a beat – just set up automatic savings from your paycheck. You won’t have to think about how much to save or take any additional steps. Even if you start with a small amount, it’s all about getting into the savings habit.

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Minimum Balance

Earns Interest 

Fixed Savings Term

Deposits & Withdrawals

KIDS SAVINGS ACCOUNT 

Teach children to budget today, and they’ll have a lifetime to save smart. A Monroe Bank & Trust Student Savings Account allows you to keep money in a safe place while it earns interest each month. 

> Check our our kids mobile app - Banker Jr.

 

Unlimited in branch transactions

Up to six (6) electronic transfers per month1

MBT SAVINGS ACCOUNT

Whether saving for a short-term solution, or packing away for a major purchase, you’ll earn interest on all your funds, and it’s compounded daily for truly “smart” savings that will grow to meet your goals.

 $100  

Unlimited in branch transactions

Up to six (6) electronic transfers per month1

INDIVIDUAL RETIREMENT ACCOUNT (IRA)

An MBT IRA will help make sure your retirement dreams come true. Don't assume it will all just work out. Take an active role in planning for your retirement.  > Learn More

  7 Days to 5 Years 

Early withdrawal penalty may apply2

MONEY MARKET PLUS ACCOUNT

The convenience, liquidity and security of a checking account at a great rate.

$2,000


Tiered interest rates depending on balance levels



Up to six (6) electronic transfers per month1

CHRISTMAS CLUB

Accumulate money for the holiday season by making regular deposits throughout the year. The account funds are paid with a check or by direct deposit each year in November.  
 

Program starts in November and ends in October of the following year

No withdrawals are permitted

CERTIFICATES OF DEPOSIT (CD)

Whether short or long term, small or large investments, an MBT CD offers you the performance, power and options you need to grow your finances.

$1,000

7 Days to 5 years

Early withdrawal penalty may apply

HEALTH SAVINGS ACCOUNT

This is a tax-exempt account used with a high deductible health plan.  It is designed to help you save for medical expenses.

  • Account may be opened by individuals or through Employer-Sponsored Programs.
  • Deposits are deductible from taxable income even if you do not itemize deductions on your tax return.
  • Set up as a checking account with limited check access plus the convenience of a debit card for withdrawals/payments.
  • Withdrawals used for eligible medical expenses are tax exempt.
  • You maintain control over the account if you change plans or even jobs.
  • Savings may be used to pay your deductible or for eligible medical and prescription expenses.
  • You may roll over Medical Savings Account (MSA) funds into an HSA, if you do so within 60 days of withdrawing funds from the MSA.

Rules & Contribution Limits change. Be sure to consult a tax specialist, your company human resources department or visit the Internal Revenue Service HSA section for the most current information and contribution limits.

$100 

 

 

 


Plus your unused balance rolls over year after year, so you can’t lose money you don’t spend.
 
Yes, for qualified medical expenses2 

 

READY TO STEP UP YOUR INVESTMENT OPTIONS?

Explore MBT Wealth Management & Investment Services and set up a consultation today. With an unmatched level of service, expertise and accountability, The MBT Wealth Management Group provides a full range of fiduciary and investment services including comprehensive investment management, trust administration and estate settlement.

CONTACT US

or call 800-321-0032 for more information.   

Investment products are not insured by FDIC or any Federal Government Agency; may lose value, and are not a deposit of or guaranteed by the bank or any bank affiliate.

 

  • Mobile Banking - 2240 Mobile Banking2
    Check account balances, transfer money and pay bills on-the-go with MBT mobile banking apps
  • Meet Our Business Services Team - 2247 Meet Our Business Services Team
    Experience the MBT Difference
  • Remote Deposit Capture - 2404 Remote Deposit Capture
    Use your desktop scanner and deposit checks 24/7 from your office
  • Online Bill Payment - 2405 Online Bill Payment
    Pay all your bills quickly and easily online or with our Mobile App2. We'll cover the postage!
  • Sweep Solutions - 2406 Sweep Solutions
    Turn surplus funds into earnings or credit
  • ACH Services - 2407 ACH Services
    Explore ACH options for simple, streamlined ways to manage both outgoing and incoming transactions
  • Switch Kit - 2245 Switch Kit
    Ready to make the switch to MBT? We make it quick and easy to switch all your automatic payments and direct deposits
  • Savings Calculators - 2243 Savings Calculators
    Crunch the numbers. Plan for the future. Estimate monthly payments. Do the math, we’ll help.
  • Online Banking - 2241 Online Banking
    MBT eBusiness Access Online Banking provides account access, as well as online payable and receivable solutions
  • Deposit Rates - 2242 Deposit Rates
    View current deposit account rates.

 

 

1 Transactions made via ACH, automatic transfer, check, mobile banking, phone banking, or online banking are limited to six (6) per month.

2 IRS penalties may also apply. Visit www.irs.gov for complete details.

3 Mobile Banking is a free service from MBT. However, you may be charged access rates depending on your carrier. Web access is needed to use Mobile Banking. Check with your service provider for details on specific fees and charges.

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