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Business Banking

Checking Accounts

No Minimum Balance Business Checking Account

  • No monthly service charge or maintenance fees
  • Unlimited check writing
  • Complimentary first box of personal-sized checks
  • Monthly statement

 


Savings Accounts

Statement Savings

  • Interest-bearing account / credited monthly
  • No minimum balance
  • Monthly statement
  • Some withdrawals may be limited
Annual Percentage Yield Interest Rate Minimum Balance
0.10% 0.10% $0


Rates are variable and may be subject to change after the account is opened without notice. 
Fees may reduce earnings.

 

Money Market

  • Interest-bearing account / credited monthly
  • Minimum balance of $5,000.00

A minimum balance fee of $10.00 will be imposed every statement cycle if the daily balance in the account falls below $5,000.00 any day of the statement cycle.

  • Monthly statement
  • Some withdrawals may be limited
  • Complimentary checks
Annual Percentage Yield Interest Rate Minimum Balance
0.25% 0.25% $5000


Rates are variable and may be subject to change after the account is opened without notice. 
Fees may reduce earnings.

 

Rock River Money Market

  • Interest-bearing account/credited monthly
  • Minimum balance of $25,000.00
    • Must be new money to Mayville Savings Bank. New money is defined as money that is not currently on deposit at Mayville Savings Bank.

A minimum balance fee of $25.00 will be imposed every statement cycle if the daily balance in the account falls below $25,000.00 any day of the statement cycle.

  • Some withdrawals may be limited
  • Complimentary checks
  • Monthly statement
Minimum Balance Annual Percentage Yield Interest Rate
$0 - $24,999.99 0.10% 0.10%
$25,000 - $49,999.99 0.80% 0.80%
$50,000 - $99,999.99 1.04% 1.04%
$100,000 - $249,999.99 1.55% 1.54%
$250,000.00 - $499,999.99 1.85% 1.83%
$500,000.00 and over 2.25% 2.23%


Rates are variable and may be subject to change after the account is opened without notice. 
Fees may reduce earnings.


Certificates of Deposit (CD)

  • Available in standard terms of 3 to 60 months
  • Flexible maturities also available
  • Automatic renewal
  • Competitive Rates
  • Various interest payment options available
  • Rates vary with term of certificate and are subject to change at maturity
  • We will impose an early withdrawal penalty if you withdraw any of the principal before the maturity date.

    All Certificates of Deposit are available to individuls and businesses.

CD Specials*

CD Term Annual Percentage Yield Interest Rate Minimum Balance
12 Month 1.76% 1.75% $1,000
24 Month 2.30% 2.29% $1,000
36 Month 2.60% 2.58% $1,000
60 Month 2.75% 2.73% $1,000


*Must be new money to Mayville Savings Bank. New money is defined as money that is not currently on deposit at Mayville Savings Bank.

*A penalty will be imposed for early withdrawal from Certificates of Deposit.

*Fees may also reduce earnings.

Raise Your Rate Bump CD**

CD Term

Annual Percentage Yield Interest Rate Minimum Balance
36 Month 2.50% 2.48% $500


**Your interest rate and annual percentage yield may change at your option.

**You may "bump" the interest rate one time during the original term of this CD to the current 36-month bump CD rate.

**The certificate will automatically renew as a standard 36-month CD.

**A penalty will be imposed for early withdrawal from Certificates of Deposit.

**Fees may also reduce earnings.

Please contact Customer Service at 920-387-2310 for other term and rate information.

 


Product Features on all Accounts:
FDIC-Insured Deposits up to $250,000.00
24-Hour Bank-By-Phone
24-Hour Online Banking
Free Online Bill Pay
Automatic transfers between accounts

 

BANK AT THE BANK YOU OWN!

920-387-2310

200 S Main St, Mayville, WI  53050