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Savings

Savings and Money Market

The Bank of Mead offers different savings accounts to begin or continue your savings plans.

Passbook Savings

  • This is for our customers beginning a savings plan.
  • Minimum balance to open account: $25.00
  • Minimum daily balance to earn interest: $25.00
  • Minimum daily balance to avoid fees: None

Market Leader Account (MMDA)

An account with limited check writing privileges and earns money market rates of interest.

  • Minimum balance to open account: $2,500.00
  • Minimum daily balance to avoid fees: $2,500.00
  • Minimum daily balance to earn interest: $2,500.00
  • If balance falls below $2,500.00 monthly maintenance fee: $10.00

This is a tiered rate account:

  • Tier 1 $250,000.00 or more
  • Tier 2 $100,000 - $249,999.99
  • Tier 3 $50,000.00-$99,999.99
  • Tier 4 $10,000.00 - $49,999.99
  • Tier 5 $2,500.00-$9,999.99

Please contact the Bank of Mead at (402)624-2255 or toll free at (800)482-2611 for our current rates.

 
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