Deposit Rates

 91 Days

 0.05%

0.05% 

 6 Month

 0.05%

0.05%

 9 Month

 0.05%

0.05% 

 10 Month*

 0.05%

0.05% 

 1 Year

 0.15%

0.15% 

15 Month *

 0.15%

0.15% 

18 Month

 0.20%

0.20% 

19 Month

 0.20%

0.20%

2 Years

 0.30%

0.30% 

3 Years  

0.40%

0.40%

4 Years

0.50%

0.50%

 Minimum Initial Deposit of $1,000.00

Minimum balance required to earn interest
A penalty may be imposed for early withdrawal
Interest calculated on a continuous basis and paid monthly or quarterly. All rates are subject to change.
* Denotes a special

18 Month

0.20%

0.20%

No Minimum Initial Deposit
All Certificate of Deposit terms and rates are available for IRAs
Minimum balance required to earn interest
A penalty may be imposed for early withdrawal
Interest calculated on a continuous basis and paid monthly or quarterly. All rates are subject to change.
* Denotes a special

Statement Savings

0.03%

0.03%

 Passbook Savings

0.03% 

0.03% 

 Gold Passbook

0.03% 

0.03% 

 Savings Plus ($50,000.00+)

0.03% 

0.03% 

 Savings Plus ($25,000.00-$49,999.99)

0.03% 

0.03% 

 Savings Plus ($100.00-$24,999.99)

0.03%

0.03% 

 Triple Rate Money Market ($25,000.00+)*

0.05%

0.05% 

 Triple Rate Money Market ($10,000.00-$24,999.99)*

0.03% 

 0.03%

 Triple Rate Money Market ($2,500.00-$9,999.99)*

0.03%

0.03% 

Christmas Club**

0.01%

0.01%

Minimum Initial Deposit of $50.00
Limit of 6 transactions per month
Minimum balance required to earn interest
Interest calculated on a continuous basis and paid monthly or quarterly. All rates are subject to change.
* Must have a Miami Savings Bank checking account with qualified direct deposit. Personal accounts only.
** Christmas Club accounts credit interest in October when checks are processed. If account is closed earlier, accrued interest will be forfeited.

Hometown Checking *

0.00%

0.00%

Savers Checking **

0.01%

0.01%

V.I.P. Checking **

0.01%

0.01%

Business Checking (unincorporated) ***

0.01%

0.01%

Business Checking (incorporated) ***

0.00%

0.00%

Minimum Initial Deposit of $50.00
Minimum balance required to earn interest

Interest calculated on a continuous basis and paid monthly. All rates are subject to change.

* No minimum balance requirement/no monthly charge

** Average daily balance greater than $250.00 = no monthly charge/Average daily balance $250.00 or less = $6.00 per month charge + $0.10 per check

***Average daily balance greater than $1,000.00 = no monthly charge/Average daily balance $1,000.00 or less = $6.00 per month charge + $0.20 per check