FDIC Insured - Backed by the full faith and credit of the U.S. Government.
Online Banking
Business Savings
Regular Savings
This account has a $100.00 minimum balance to avoid a monthly service charge. Simple interest at a variable rate is paid monthly. This account provides you with a monthly statement showing transactions, deposits, withdrawals, and interest earnings.
Money Market
GET A GREAT RATE WITH EASY ACCESS, AND THERE'S NO RISK. The Money Market Account offers a high, competitive rate of interest, yet is fully insured, and you have immediate access to your funds.
The Money Market account is designed for customers who want to earn additional interest compared to the Regular Savings account.
WHAT AN INVESTMENT ACCOUNT WAS MEANT TO BE
The Bank of Milton Money Market Flex Index Account offers you:
- Higher interest rate.
- FDIC insurance (protects principal and interest to $250,000)
- Direct deposit of payroll or Social Security checks
- Convenient withdrawals, deposits and inter-account transfers*
- No market risk - unlike money market mutual funds, your principal is guaranteed never to go down
*Unlimited withdrawals may be made in person or via mail. Pre-authorized, electronic, or telephone withdrawals are limited to six per statement period. Three of those may be done by check.
INTEREST RATE
The Bank of Milton Money Market Account offers a premium money market return, which is competitive with the highest yielding money market funds in the area. Weekly interest rate adjustments offer you the most competitive rates available.
QUALIFYING BALANCES
A Bank of Milton Money Market Account has no monthly service charge when you maintain an average monthly balance of $2,500.00 or more.
Also, a Bank of Milton Money Market Account has no monthly transaction charges.