Michigan Heritage Bank Building

Rates

Effective Date: 7/15/2008

Checking Accounts
  Rate APY Min. Bal.
to Avoid Fee*
Totally Free0.000%0.000% 
 
Totally Free Plus Interest
$0-$4990.000%0.000% 
$500-$9,9990.250%0.250% 
$10,000+0.747%0.750% 
 
Classic
$0-$9990.499%0.500%$1,000
$1,000-$9,9990.985%1.000% 
$10,000+1.243%1.250% 
 
Senior Classic (55 years of age or older)
$0-$9990.499%0.500%$1,000
$1,000-$9,9990.995%1.000% 
$10,000+1.490%1.500% 
 
Premier Classic**
$0-$9990.499%0.500%$1,000
$1,000-$9,9991.490%1.500% 
$10,000-$24,9991.982%2.000% 
$25,000-$49,9992.472%2.500% 
$50,000-$99,9992.716%2.750% 
$100,000+2.960%3.000% 
 
** New Funds Only
*$7.50 monthly fee if required minimum balance is not maintained.


Money Market Accounts
  Rate APY Min. Bal.
to Avoid Fee*
Personal Money Market
$0-$24990.499%0.500%$2,500
$2500+1.490%1.500% 
 
Personal Premier Money Market
$0-$24990.985%1.000%$2,500
$2500-$9,9991.490%1.500% 
$10,000-$24,9991.982%2.000% 
$25,000-$49,9992.472%2.500% 
$50,000-$99,9992.716%2.750% 
$100,000+2.960%3.000% 


Commercial Money Markets Accounts
  Rate APY
$0-$24990.985%1.000%
$2500 +1.982%2.000%

Contact Branch Manager for Market Rate
Toll Free Number: 1-800-914-3524
Savings Accounts
  Rate APY Min. Bal.
to Avoid Fee*
Regular Savings0.985%1.000%$500
 
Health Savings Account0.985%1.000%$100
 
Corporate Savings
$0-$9990.499%0.500%$500
$1,000-$9,9990.747%0.750% 
$10,000+1.490%1.500% 
 
*$5.00 quarterly fee if required minimum balance is not maintained.


Certificates of Deposit
(W/O Checking, Savings or MMDA Relationship)
Minimum Deposit of $500
Term in Months Rate APY  
3 2.231% 2.250% *
6 2.485% 2.500% *
12 2.472% 2.500% ***
18 2.477% 2.500% **
24 2.477% 2.500% **
36 2.722% 2.750% **
48 2.722% 2.750% **
60 2.722% 2.750% **


Certificates of Deposit
(W/ Checking, Savings or MMDA Relationship)
Minimum Deposit of $500
Term in Months Rate APY  
3 2.967% 3.000% *
6 2.421% 3.450% *
12 2.687% 3.750% ***
18 2.941% 4.000% **
24 2.941% 4.000% **
36 2.941% 4.000% **
48 2.941% 4.000% **
60 2.941% 4.000% **


Certificate of Deposit Specials****
Minimum Deposit of $500
Term in Months Rate APY  
There are currently no CD specials

**** Requires Checking. Savings or MMDA Account Relationship.
* Compound at Maturity
** Compound Quarterly
*** Compound Monthly
APY= Annual Percentage Yield


IRA Specials****
Minimum Deposit of $500
Term in Months Rate APY
12 3.698% 3.750%
24 3.941% 4.000%
36 3.941% 4.000%
48 3.941% 4.000%
60 3.941% 4.000%
 
**** Requires Checking, Savings or Money Market Account Relationship
** Compounded Quarterly
APY= Annual Percentage Yield


Member FDIC - Equal Housing Lender