Consumer Deposit Rates
If you have questions about the below information, please call toll free 1-888-852-3191.
This Rate Charts below contain information about interest rates and annual percentage yields (APY) for some of the CONSUMER accounts we offer. Please download the PDF below to view Consumer account rates.
CD/IRA Deposit Rates
| Account Type | Minimum Opening Deposit | Minimum Balance to Obtain APY* | Interest Rate | APY |
|---|---|---|---|---|
| 6 Month CD/IRA | $500 | $500 | 2.08% | 2.10% |
| 12 Month CD/IRA | $500 | $500 | 2.18% | 2.20% |
| 24 Month CD/IRA | $500 | $500 | 2.27% | 2.30% |
| 36 Month CD/IRA | $500 | $500 | 2.37% | 2.40% |
| 48 Month CD/IRA | $500 | $500 | 2.47% | 2.50% |
| 60 Month CD/IRA | $500 | $500 | 2.57% | 2.60% |
APY = Annual Percentage Yield
A penalty may be imposed for early withdrawal for the above accounts.
CD Specials
*Not eligible for institutional investors.*
| Account Type | Minimum Opening Deposit | Minimum Balance to Obtain APY* | Interest Rate | APY |
|---|---|---|---|---|
| 15 Month | $5,000 | $5,000 | 3.83% | 3.90% |
| 26 Month | $5,000 | $5,000 | 4.07% | 4.15% |
APY = Annual Percentage Yield
A penalty may be imposed for early withdrawal for the above accounts.
Classic Checking
| Interest Rate | APY |
|---|---|
| .10% | .10% |
Minimum daily balance to obtain APY | $500
*The Interest Rate and Annual Percentage Yield may change after account opening.
Rewards Checking
**Terms and conditions apply to obtain preferred APY.
| Minimum Daily Balance | Interest Rate | APY* |
|---|---|---|
| $0 - $15,000 - (preferred APY**) | 4.40% | 4.50% |
| $15,000.01 and up | .01% | .01% |
*The Interest Rate and Annual Percentage Yield (APY) may change after account opening.
**Preferred annual percentage yield (APY) is earned on balances up to $15,000. Qualifications required in monthly statement cycle to obtain APY include direct deposit, eStatements, plus one of the following: 10 debit card uses, mobile deposit, or maintain minimum daily balance of $5,000 in Bristol Morgan Bank savings or money market account. When the qualifying criteria are not met during the statement cycle, the interest rate shall be .01% APY. When the qualifying criteria are met during the statement cycle, the rate and APY on the daily balance of $0 to $15,000.00 will be the preferred rate. Any portion of the daily balance that is greater than $15,000.00 shall earn an interest rate of .01% APY.
Consumer Money Market
| Minimum Balance to Obtain APY* | Interest Rate | APY |
|---|---|---|
| $0 - $2,499.99 | 0.25% | 0.25% |
| $2,500 - $24,999.99 | 0.50% | 0.50% |
| $25,000 - $99,999.99 | .75% | .75% |
| $100,000 - $249,999.99 | 1.24% | 1.25% |
| $250,000 - $499,999.99 | 1.49% | 1.50% |
| $500,000 and over | 4.16% | 4.25% |
Minimum daily balance to obtain APY | $1,000
*The Interest Rate and Annual Percentage Yield may change after account opening.
Consumer Savings Accounts
| Account Type | Minimum Daily Balance to Obtain APY* | Interest Rate | APY |
|---|---|---|---|
| Consumer Savings | $100.00 | 0.10% | 0.10% |
| Christmas Club | $0.00 | 0.25% | 0.25% |
| Health Savings Account | $0.00 | 0.10% | 0.10% |
*The Interest Rate and Annual Percentage Yield may change after account opening.
No transfers or withdrawals until October for Christmas Club.
* Minimum Balance to Obtain APY is the amount of the principal in the account each day.
Fees could reduce the earnings on the account.
Interest Rates and Annual Percentage Yields may change without notice.
For current rate information call (888)-852-3191