Secure Your Future with Mercer Savings Bank Savings Products!
Whether you are saving for a new car or home, a college education or your retirement, we offer great personal savings products that will help you save more money and reach your financial goals quicker.
We also offer several types of Individual Retirement Accounts (IRAs) to choose from, each helping you earn the most money from your savings. You can also choose from a wide selection of interest earning Certificates of Deposit (CDs), which let you determine the length of the CD.
Secure your future today by visiting one or our convenient locations.
| Passbook Savings Account | Seven-Day Notice Account |
| Statement Savings Account |
Certificate of Deposit |
| Christmas Club Account |
Individual Retirement Accounts (IRAs) |
Passbook Savings Account
“Our most basic interest-bearing savings account.”
Ideal for customers who are minors, who have no automatic transactions or who don’t need an ATM card, our Passbook Savings Account is the most basic deposit account. This account offers a competitive rate. Your money is easily accessible; you can make deposits or withdraws anytime with your passbook. Your service charges may be waived if you are under 21 years of age or over 65 year of age.
- Interest compounds daily; paid quarterly.
- Competitive interest rate.
Don’t wait - open your Passbook Savings account today by visiting one our convenient locations.
Statement Savings Account
“Easy saving with a monthly statement”
Our Statement Savings Account is an easy way to handle your savings. This account is perfect for students away at college, customers with automatic deposits, seniors aged 55 or over and customers who don’t want to carry their passbook Savings book. It takes a low minimum deposit to open this account. This account is accessible anytime through your debit card. You also can have full access to Online Banking. You will receive a monthly statement showing all your transactions.
- Low minimum deposit required to open.
- Access through your Visa Debit card.
- Interest compounds daily; paid quarterly.
- Direct deposit and ACH capabilities.
Open your Statement Savings account today by visiting one our convenient locations.
Christmas Club Account
“Never worry about holiday spending again!”
Before you know it the holidays will be here again – will you have enough money for everyone on your Christmas list? A great way to make sure you do is to open one of our Christmas Club Accounts. The minimum balance to open is just $5. Any amount can be deposited at anytime. There is no hassle with opening a new account each year; the account is reopened with a deposit. A check will be mailed to you in October.
- Just $5 to open an account.
- Interest earned on savings all year.
- Interest paid when check mailed in October.
- Flexible account.
Start savings for the holidays by opening your Christmas Club account today at one of our convenient locations.
Seven-Day Notice Account
“For the customer who wants a higher interest rate with limited funds access.”
A Seven-Day Notice Account from Mercer Savings Bank is ideal for the customers wanting a higher interest rate and don’t mind limited access to their money. This is a great account for customers who maintain a high balance in their accounts. Our 7-day notice account offers the highest interest rates of any of our savings and checking accounts. At least seven days notice must be given to withdraw from this account without penalty.
- High interest rate.
- No maturity date.
- Seven days or more notice to withdraw from your account.
Start earning higher interest by opening your Seven-Day Notice account today at one of our convenient locations.
Certificates of Deposit
“The perfect way to save your money”
A Certificate of Deposit (CD) from Mercer Savings Bank is perfect for our customer who does not need immediate access to their money. Also, this higher yielding deposit product lets you match returns with future funds requirements. We offer many different terms and competitive interest rates on our CD’s from 7 days to 5 years fixed or variable. Other than penalties for early withdrawals there are no fees associated with CD’s. Click here to see current rates and terms.
- Higher yielding interest rates.
- Various terms and rates to choose from.
- Variable or fixed rates.
- Interest compounded daily.
Make your savings earn more for you by opening your Certificate of Deposit today at one of our convenient locations.
Individual Retirement Accounts (IRAs)
“A secure way to invest in your future.”
IRAs from Mercer Savings Bank are designed to make it easy for you to start planning for tomorrow … today. They also provide dependable retirement income and real financial security for your future. These accounts offer you tax-deferred, higher-yield savings for retirement or higher education. Ask about our traditional IRAs, rollover IRAs, Roth IRAs and educational IRAs. Various rates and terms to choose from.
- Higher yielding interest rate.
- Match returns with future funds requirements.
- Deposits can be tax-free or tax-deferred.
- Rates based on amount and term.
Start planning for tomorrow by opening your IRA account today at one of our convenient locations.
