Meridian Bank Texas  
         
  Young Savers Meridian Savings High Yield Money Market Certificate of Deposit (CDs)*
Description Convenient savings account for youths to learn the value of savings. Traditional account with a competitive interest rate. Check writing capabilities while earning high yield rates. Earn a guaranteed return for the term that meets your needs.
Recommended for Young savers wishing to learn the benefits of earning interest. Those wishing to set aside funds and earn interest without high balance requirements. Those wanting competitive rates and easy access without a fixed term. Those wishing to lock in competitive rates without risk to their investment.
Deposits and withdrawals $1 minimum to open
Two withdrawals allowed per month- additional withdrawals $2 each†
$100 minimum to open
Two withdrawals allowed per month- additional withdrawals $2 each†
$1,000 minimum to open
Six withdrawals allowed per month-additional withdrawals $10 each†
$1,000 minimum to open
Withdrawals only permitted at maturity without substantial penalty
Interest Calculated and paid at statement cycle on all balances.
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current rates & tiers
Calculated and paid at statement cycle on balances over $100.
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current rates & tiers
Yes, balance tiers reward higher balances with higher rates.
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current rates & tiers
Yes, competitive rate paid for specified terms.
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current rates & tiers
Account Features and Benefits
Free 24-hour Meridian Bank Texas bank-by-phone  
Free online banking  
Free online statements  
Free money orders      
Free money market checks      
Balance Requirements and Other Fees
  The monthly maintenance fee is waived until the age of 18. Then the account will automatically be converted to a Meridian Savings account. We will waive your $5 monthly maintenance fee with a minimum daily balance of $100 or a combined balance‡ of $2,500.
We will waive your $20 monthly maintenance fee with a minimum daily balance of $5,000, or an average daily balance of $10,000, or a combined balance‡ of $20,000.  
 
* A penalty may be imposed for early withdrawal.
†Federal regulations limit the number of withdrawals allowed. You may make a total of six transfers from your account each four weeks or similar period when completed via a check, online banking payments, automatic drafts, debit card purchases, pre-authorized transfers (including overdraft transfers), and online or telephone transfers. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited for regulatory purposes. Please see TISA disclosure for additional information.
‡The combined balance option requires that you notify the bank of the personal accounts you wish to link in order to avoid the monthly maintenance fee. These Meridian Bank Texas accounts include checking, savings, CD, or IRAs.
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100 Lexington Street, Suite 100  |  Fort Worth, Texas 76102  |  (817) 334-4600
Equal Housing Lender - Member FDIC