Savings

MBT Bank has a variety of accounts available to fit your savings needs.  If you’re looking to earn interest on your money while still having immediate access to your account , then check out our basic Savings account or the High Performance Savings account for larger balances earning tiered interest.  For those looking to start a savings account or Saver's CD for a child under the age of 13, make sure you check out the MBT Kid's ClubClick here to view our interest rates.

The chart below gives a clear overview of each savings solution offered at MBT Bank.  

Account Type

Minimum Opening Balance

Minimum Balance Charge

Tierd Interest

Account Features & Benefits

Savings

$100

$3 if balance falls below $100

No

  • Interest compounded and credited monthly
  • 6 free withdrawals per month
  • $3 per excessive withdrawal charge
  • Monthly statements

High Performance Savings

$1,000

$10 if balance falls below $1,000

Yes

  • Interest compounded and credited monthly
  • 6 free withdrawals per month
  • $6 per excessive withdrawal charge
  • Tiered rates for larger balances
  • Monthly statements

Money Market

$2,500

$10 if minimum balance falls below $2,500

Yes

  • Interest compounded and credited monthly
  • 6 free withdrawals per month
  • $6 per excessive withdrawal charge
  • Tiered rates for larger balances
  • Monthly statements

CD's

$2,500

None

Yes

  • CD term options available from 6 to 60 Months
  • Bump-up options available
  • Tiered rates for larger balances
  • Interest compounded and credited semi-annually or at time of maturity

Saver's CD

$25

None

Yes

  • Add-on CD product with low opening deposit required
  • Available in two term choices
  • Tiered rates for larger balances
  • Interest compounded and credited semi-annually or at time of maturity

IRA's

$50

None

Yes

  • CD term options available from 12 to 36 Months
  • Tiered rates for larger balances
  • Interest compounded and credited semi-annually or at time of maturity

Health Savings

$1

None

Yes

  • Must have a qualifying high deductible health plan
  • Interest compounded and credited monthly
  • Tiered rates for larger balances
  • Monthly statements

CDARS

$100,000

None

Yes

  • For additional FDIC coverage
  • Ask a personal banker for more details

We can help you make the most of your money!  See a Personal Banker today for our current interest rates and to discuss which account may fit your unique needs!