Online Deposit Rates
Effective: [[ date ]]
APY = Annual Percentage Yield.
Balance tiers in the tables below show the minimum balance required to earn each APY rate.
Minimum Deposit to Open Online
- Savings Account: $1,000
- Money Market Account: $2,500
- Certificate of Deposit (CD): $25,000
For in-branch account opening or rate details, Click Here to contact your nearest location.
Savings Account
| Balance | Interest Rate | APY | ||
|---|---|---|---|---|
| $0 - $499 | 0.00% | 0.00% | ||
| $500+ | 3.41% | 3.45% | ||
| Balance $0 - $499 | Interest Rate | 0.00% | APY | 0.00% |
| Balance $500+ | Interest Rate | 3.41% | APY | 3.45% |
Money Market Account
| Balance | Interest Rate | APY | ||
|---|---|---|---|---|
| $0 - $999 | 0.00% | 0.00% | ||
| $1,000 - $24,999 | 2.96% | 3.00% | ||
| $25,000+ | 3.20% | 3.25% | ||
| Balance $0 - $999 | Interest Rate | 0.00% | APY | 0.00% |
| Balance $1,000 - $24,999 | Interest Rate | 2.96% | APY | 3.00% |
| Balance $25,000+ | Interest Rate | 3.20% | APY | 3.25% |
Certificates of Deposit (CDs) *
| Term | Interest Rate | APY | ||
|---|---|---|---|---|
| 3 Month | 3.80% | 3.85% | ||
| 6 Month | 3.60% | 3.65% | ||
| 9 Month | 3.50% | 3.55% | ||
| 12 Month | 3.70% | 3.75% | ||
| 18 Month | 3.55% | 3.60% | ||
| 24 Month | 3.41% | 3.45% | ||
| 30 Month | 3.41% | 3.45% | ||
| 36 Month | 3.36% | 3.40% | ||
| 48 Month | 3.26% | 3.30% | ||
| 60 Month | 3.41% | 3.45% | ||
| Term 3 Month | Interest Rate | 3.80% | APY | 3.85% |
| Term 6 Month | Interest Rate | 3.60% | APY | 3.65% |
| Term 9 Month | Interest Rate | 3.50% | APY | 3.55% |
| Term 12 Month | Interest Rate | 3.70% | APY | 3.75% |
| Term 18 Month | Interest Rate | 3.55% | APY | 3.60% |
| Term 24 Month | Interest Rate | 3.41% | APY | 3.45% |
| Term 30 Month | Interest Rate | 3.41% | APY | 3.45% |
| Term 36 Month | Interest Rate | 3.36% | APY | 3.40% |
| Term 48 Month | Interest Rate | 3.26% | APY | 3.30% |
| Term 60 Month | Interest Rate | 3.41% | APY | 3.45% |
* Penalty will be imposed for early withdrawal on certificates
The Annual Percentage Yield (APY) is effective as of the date of publication and assumes principal and interest remain in the account for a year. A withdrawal will reduce earnings. All rates are subject to change daily. Additional disclosures are included on the attached sheets. Monet Bank reserves the right to limit the amount of a deposit.
Dormant Accounts / Escheat - In accordance with state law we are required to inform you your property may be transferred to the appropriate state if no activity (deposits, withdrawals, or written correspondence) occurs in your account within the time specified by law.
Important Account Opening Information - Federal Law requires us to obtain sufficient information to verify your identity and to assist the government in the fight against terrorism and money laundering activities. We are required to obtain, verify, and record information that identifies each person and/or entity that opens an account. When you open an account, we will ask for your name, address, date of birth, and driver’s license for individuals, as well as other identifying documents that will allow us to identity you and/or your organization. In some instances we may use outside sources to confirm the information. The information you provide is protected by our privacy policy and federal law.