| Features |
Commercial Savings |
Certificate of Deposit (CDs)* |
| Description |
Traditional savings account with competitive interest rate. |
Earn a guaranteed return for the term that meets your needs. |
| Recommended for |
Those wishing to set aside funds and earn interest without high balance requirements. |
Those wishing to lock in competitive rates without risk to their investment. |
| Deposits and withdrawals |
$100 minimum to open
Three withdrawals per month – additional withdrawals $3 each† |
$1,000 minimum to open
Withdrawals only permitted at maturity without substantial penalty.
|
| Interest |
Calculated and paid at statement cycle on balances over $100.
Click here for current rates |
Yes, competitive rates paid for specified terms.
Click here for current rates. |
| Account Features and Benefits |
| Free 24-hour Meridian Bank Texas bank-by-phone. |
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|
| Free online banking |
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|
| Free online statements |
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|
| Balance Requirements and Other Fees |
| |
With a monthly average balance of $500, we will waive your $5 monthly maintenance fee. |
N/A |
| |
* A penalty may be imposed for early withdrawal.
† Federal regulations limit the number of withdrawals allowed. Please see TISA disclosures. |
