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Personal - Savings

There are many ways to save at Mt. Washington Bank!

We offer a variety of savings accounts that are sure to meet your financial goals and needs.

Statement Savings*
ATM card available
Monthly statement
Variable interest rate

A Statement Savings account is a limited transaction account. This account is limited to six (6) pre-authorized, automatic, or telephone transfers to another account or to third parties or online banking transfers to another account per statement cycle.

Passbook Savings*
Passbook required during transactions
No balancing involved
Variable interest rate

*$25 Minimum Daily balance to obtain interest. $50 required to open account.

Holiday Club Accounts**
Passbook account
Check mailed by early November
Variable interest rate

**$25 Minimum Daily balance to obtain interest. $25 required to open account.

Money Market
Open with only $2,500
Interest compounds monthly
Earn a higher annual percentage yield compared to a checking account
Only $8.00 monthly maintenance fee if minimum daily balance falls below $2,500
Funds available without penalty

A Money Market account is a limited transaction account. This account is limited to six (6) pre-authorized, automatic, or telephone transfers to another account or to third parties or online banking transfers to another account per statement cycle. A fee will apply for each transfer in excess of the six (6) during a statement cycle.


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