Magic Online Banking

Deposit Rates

Current Deposit Rates

Effective Date: February 22 through February 27, 2017

 

PrimeInvestor Money MarketInterest RateAPYMinimum Deposit
Under $5,000 .05% .05% No Minimum
$5,000 thru $24,999 .10% .10% $5,000
$25,000 thru $49,999 .15% .15% $25,000
$50,000 thru $99,999 .20% .20% $50,000
$100,000 and over .30% .30% $100,000
The APY on the PrimeInvestor Money Market is based on interest compounding monthly.
The interest rate is variable and may change at any time.
Classic Savings .05% .05% No Minimum
The APY on Classic Savings is based on interest compounding quarterly.
The interest rate is variable and may change at any time.
Money Market Savings .05% .05% No Minimum
Premier Checking* .05% .05% $50 to open
The APY on the Money Market Savings and Premier Checking is based
on interest compounding monthly. The interest rate is variable and may change at any time.

*Earn a Higher Interest Rate on Premier Checking balance up to $15,000 when you qualify:
  • 20 Debit Card transactions cleared per statement cycle
  • Receive Online Statement

Additional Information: APY = Annual Percentage Yield. Interest rate is variable and may change at any time. Current Prime Rate: 3.75%. Fees may reduce earnings on an account. The APY on 3 through 5 year certificates is based on interest compounding quarterly. Early withdrawal penalties may apply. Member FDIC. For a full disclosure of rates, terms and fees, please see a Personal Banker.