Business Savings

Savings Account

 

Savings Account

An affordable basic savings plan.

  • $200 minimum deposit to open account
  • One service fee free account for age 60+ or on disability income
  • $4 service fee if account balance falls below $200 during the month
  • Interest compounded daily, paid quarterly
  • Withdrawal Limitations:  After four (4) withdrawals during a month, a service charge of $1.00 per withdrawal will be assessed
  • An account without activity (other than the posting of interest) for a period of two (2) years will be classified as a dormant account*
  • A dormant account will be charged $5.00 per month
  • Funds are required to be escheated to the State of Ohio on accounts that have been classified dormant for five (5) years
  • 24 Hour Time Line Telephone Banking Services with no fee
  • Free MNB Online Banking
  • Optional Online Bill Pay (fees may apply)

 

Insured Money Market Account

 

Insured Money Market Account

Pays competitive market rate of interest.

  • $10 monthly fee if minimum monthly balance falls below $1,000
  • Six (6) transfers or withdrawals per month
  • If more than six (6) transfers or withdrawals per month, a $10.00 monthly fee will be charged

 

 

Certificate of Deposits

 

Certificate of Deposits
  • $1,000 minimum deposit
  • Terms range from 30 days to 60 months
  • Call for special term CDs
  • Interest paid:  Monthly, Quarterly, or Semi-Annually by check, transfer to checking account , transfer to savings account or add on to the existing CD


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