Statement Savings

• $100 minimum Opening Deposit
• $100 minimum average daily balance required to earn interest
• Interest paid on average daily balance* for the statement cycle (quarterly)
• Interest is compounded and paid quarterly
• In addition to the quarterly statement, a monthly statement is rendered if an electronic transfer occurs during the month
• No more than six pre-authorized transfers are allowed per month, of which no more than three can be by check, draft, debit card, or similar order made to third parties
• One free withdrawal in person per month; each additional withdrawal will be $1.00
• Unlimited Telebanc or ATM withdrawals
• $15.00 fee if account is closed within 60 days of opening
• $5.00 fee if minimum balance falls below $100 for the calendar month
• $5.00 check cashing fee (gov't checks, etc) if daily average balance is below $100 for previous month and check is $500.00 or less; 1% of check if it is over $500
• $5.00 monthly dormant (no activity in three years) fee if minimum balance for the month falls below $100
• MCNB reserves the right to require 7 days notice before withdrawal or transfer of funds

Click here for current rates, additional disclosures, and additional deposit & service fees that may apply.

* The average daily balance is determined by adding the full amount of principal in the account for each day of the period and dividing the figure by the number of days in the period.